Business · Markets · 1 hr ago
Harvey Norman looks better value than Temple & Webster in comparison
Temple & Webster and Harvey Norman are Australian retailers whose shares have both dropped this year.
Temple & Webster sells furniture and homewares online, while Harvey Norman sells a wider range of goods through stores and also owns property.
The comparison says Temple & Webster’s shares were down 68.8% year to date, against a 37.7% fall for Harvey Norman, using figures up to 7 October 2026.
It lists Temple & Webster’s price-to-earnings ratio at 123.05, compared with 9.56 for Harvey Norman.
Harvey Norman also had a dividend yield of about 6.8%, while Temple & Webster paid no dividend.
The comparison favours Harvey Norman for value investors, but gives no forecast or next step for either company.
Harvey Norman is presented as better value than Temple & Webster for investors seeking a lower valuation and dividend income.
The comparison reports a price-to-earnings ratio of 9.56 for Harvey Norman and 123.05 for Temple & Webster.
Harvey Norman had a 6.79% fully franked dividend yield, while Temple & Webster paid no dividend.
Both shares fell year to date, with Temple & Webster down 68.8% and Harvey Norman down 37.7%.
The article gives share prices as of 7 October 2026 and was published on 11 October 2026.
- Who
- Temple & Webster Group Ltd and Harvey Norman Holdings Ltd.
- What
- An article compares the retailers’ share valuations and argues Harvey Norman offers better value.
- When
- Published on 11 October 2026, using share prices through 7 October 2026.
- Where
- Australia; both companies are listed on the ASX.
- Why
- To assess which retailer may offer better value to investors.
This story does not have two clearly opposing sides.
Harvey Norman stands out as the better bet for value investors right now.
Temple & Webster closed at $4.33, while Harvey Norman closed at $4.08.
Motley Fool AU published its comparison of the two retailers.
- Temple & Webster P/E ratio
- 123.05
- Harvey Norman P/E ratio
- 9.56
- Harvey Norman dividend yield
- 6.79%, fully franked
- Temple & Webster year-to-date share return
- -68.8%
- Harvey Norman year-to-date share return
- -37.7%








