Blowing Bubbles - The big 4 Australian Banks

Lots of talk about banking bubbles at the moment. So I figured I would check out the normalised RSI of the banks vs the ASX200. Other than CBA (outperforming the ASX200 by almost 50%) I don't think so.  Poor old NAB is still bringing up the rear (underperfoming by almost 40%). But ANZ (only 4% outperforming) and WBC (20% over) still look fair value to me.

Usual disclaimer of not advice to invest/not invest. See Financial Advisor etc.