PME.AX vs. BAB.L
PME.AX (Pro Medicus Limited) and BAB.L (Babcock International Group plc) are both stocks. PME.AX operates in Health Information Services (Healthcare), while BAB.L operates in Engineering & Construction (Industrials). Over the past 10 years, PME.AX returned 43.52%/yr vs 1.90%/yr for BAB.L. At a 0.03 correlation, their price movements are largely independent.
Performance
PME.AX vs. BAB.L - Performance Comparison
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Different Trading Currencies
PME.AX is traded in AUD, while BAB.L is traded in GBp. To make them comparable, the BAB.L values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PME.AX achieves a -24.71% return, which is significantly lower than BAB.L's -21.68% return. Over the past 10 years, PME.AX has outperformed BAB.L with an annualized return of 43.52%, while BAB.L has yielded a comparatively lower 1.90% annualized return.
PME.AX
- 1D
- 0.09%
- 1M
- 28.03%
- YTD
- -24.71%
- 6M
- -32.59%
- 1Y
- -39.70%
- 3Y*
- 38.48%
- 5Y*
- 27.62%
- 10Y*
- 43.52%
BAB.L
- 1D
- 0.27%
- 1M
- -0.82%
- YTD
- -21.68%
- 6M
- -16.99%
- 1Y
- -10.23%
- 3Y*
- 50.20%
- 5Y*
- 29.93%
- 10Y*
- 1.90%
PME.AX vs. BAB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PME.AX Pro Medicus Limited | -24.71% | -11.52% | 161.84% | 74.19% | -11.11% | 83.31% | 53.66% | 106.06% | 25.55% | 83.18% |
BAB.L Babcock International Group plc | -21.68% | 149.39% | 38.52% | 48.09% | -15.67% | 19.41% | -58.19% | 43.15% | -24.55% | -22.46% |
Correlation
The correlation between PME.AX and BAB.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.03 |
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Return for Risk
PME.AX vs. BAB.L — Risk / Return Rank
PME.AX
BAB.L
PME.AX vs. BAB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pro Medicus Limited (PME.AX) and Babcock International Group plc (BAB.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PME.AX | BAB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.98 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.25 | -0.33 |
| Martin ratioReturn relative to average drawdown | -1.00 | -0.62 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PME.AX | BAB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | -0.29 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.88 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.05 | +0.95 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.18 | +0.43 |
Drawdowns
PME.AX vs. BAB.L - Drawdown Comparison
The maximum PME.AX drawdown since its inception was -87.37%, which is greater than BAB.L's maximum drawdown of -82.11%. Use the drawdown chart below to compare losses from any high point for PME.AX and BAB.L.
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Drawdown Indicators
| PME.AX | BAB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.37% | -82.11% | -5.26% |
Max Drawdown (1Y)Largest decline over 1 year | -67.24% | -40.91% | -26.33% |
Max Drawdown (3Y)Largest decline over 3 years | -67.24% | -40.91% | -26.33% |
Max Drawdown (5Y)Largest decline over 5 years | -67.24% | -40.91% | -26.33% |
Max Drawdown (10Y)Largest decline over 10 years | -67.24% | -79.06% | +11.82% |
Current DrawdownCurrent decline from peak | -49.63% | -34.93% | -14.70% |
Average DrawdownAverage peak-to-trough decline | -27.61% | -32.82% | +5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.41% | 16.36% | +23.05% |
Volatility
PME.AX vs. BAB.L - Volatility Comparison
Pro Medicus Limited (PME.AX) has a higher volatility of 15.23% compared to Babcock International Group plc (BAB.L) at 11.77%. This indicates that PME.AX's price experiences larger fluctuations and is considered to be riskier than BAB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PME.AX | BAB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.23% | 11.77% | +3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 48.34% | 25.51% | +22.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.59% | 34.89% | +15.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.36% | 33.89% | +7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.34% | 37.05% | +6.29% |
Dividends
PME.AX vs. BAB.L - Dividend Comparison
PME.AX's dividend yield for the trailing twelve months is around 0.37%, less than BAB.L's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAB.L Babcock International Group plc | 0.67% | 0.56% | 1.06% | 0.43% | 0.00% | 0.00% | 0.00% | 4.78% | 6.08% | 4.04% | 2.75% | 2.38% |
PME.AX Pro Medicus Limited | 0.37% | 0.25% | 0.16% | 0.31% | 0.40% | 0.24% | 0.35% | 0.31% | 0.55% | 0.46% | 0.62% | 0.60% |
Financials
PME.AX vs. BAB.L - Financials Comparison
This section allows you to compare key financial metrics between Pro Medicus Limited and Babcock International Group plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PME.AX and BAB.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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