BANDHAN BANK
|
The Current P/B Ratio of BANDHAN BANK is 1.54.
| Share Price | ₹187.6 | May 03,2024 |
| Market Cap | ₹30,214.3 Cr | |
| Book Value | ₹19,572.2 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.54x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BANDHAN BANK
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹30,214.3 Cr] as on May 03,2024
(/) Book Value [ ₹19,572.2 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.54x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for BANDHAN BANK , the investors are currently willing to pay '1.54 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BANDHAN BANK !
The chart below summarizes the trend in P/B Ratio of BANDHAN BANK over the last five years.
Thus, for BANDHAN BANK , the investors are currently willing to pay '1.54 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BANDHAN BANK !
The chart below summarizes the trend in P/B Ratio of BANDHAN BANK over the last five years.
Historical PB (Price/Book ) ratio chart of BANDHAN BANK
PB Ratio Performance Analysis for BANDHAN BANK
- BANDHAN BANK 's latest p/b ratio is 1.54x.
- BANDHAN BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.07x.
- BANDHAN BANK 's operated at median p/b ratio of 2.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANDHAN BANK 's p/b ratio peaked in Mar2019 at 5.59x.
- BANDHAN BANK 's p/b ratio hit its five-year low in Mar2023 of 1.61x.
- BANDHAN BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.07x.
- BANDHAN BANK 's operated at median p/b ratio of 2.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANDHAN BANK 's p/b ratio peaked in Mar2019 at 5.59x.
- BANDHAN BANK 's p/b ratio hit its five-year low in Mar2023 of 1.61x.
How does BANDHAN BANK 's P/B Ratio benchmark against top 10 peers in Bank - Private Industry?
| Peer Comparison (Bank - Private Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| BANDHAN BANK | 19,572.20 | 1.54 | 30,214.3 |
| HDFC BANK LTD | 453,743.00 | 2.54 | 1,154,420.0 |
| ICICI BANK LTD | 251,627.00 | 3.19 | 802,403.0 |
| KOTAK MAHINDRA BANK LTD | 112,254.00 | 2.74 | 307,583.0 |
| AXIS BANK LTD | 156,129.00 | 2.26 | 352,293.0 |
| INDUSIND BANK LTD | 62,911.90 | 1.83 | 115,407.0 |
| IDBI BANK LTD | 46,319.20 | 2.08 | 96,137.2 |
| YES BANK LTD | 41,206.80 | 1.82 | 75,004.2 |
| IDFC FIRST BANK LTD | 32,214.70 | 1.78 | 57,234.8 |
| AU SMALL FINANCE BANK LTD | 12,559.50 | 3.81 | 47,869.1 |
| THE FEDERAL BANK LTD | 30,100.30 | 1.34 | 40,436.7 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs BANDHAN BANK 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.34x |
| Max industry PB | 3.81x |
| Median industry PB | 2.08x |
| Average industry PB | 2.27x |
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