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IDBI BANK
PB (Price/Book ) Ratio

The Current P/B Ratio of IDBI BANK is 1.78.

Share Price ₹84.4Nov 01,2024
Market Cap ₹90,696.5 Cr
Book Value₹51,073.1 CrMar2024 - Consolidated Results
Price/Book 1.78xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of IDBI 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

Applying the above formula, P/B ratio of IDBI BANK is calculated as :

Current Market Cap [ ₹90,696.5 Cr] as on Nov 01,2024

(/) Book Value [ ₹51,073.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.78x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for IDBI BANK , the investors are currently willing to pay '1.78 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 IDBI BANK !

The chart below summarizes the trend in P/B Ratio of IDBI BANK over the last five years.

Historical PB (Price/Book ) ratio chart of IDBI BANK


PB Ratio Performance Analysis for IDBI BANK

- IDBI BANK 's latest p/b ratio is 1.78x.

- IDBI BANK 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.33x.

- IDBI BANK 's operated at median p/b ratio of 1.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IDBI BANK 's p/b ratio peaked in Mar2024 at 2.02x.

- IDBI BANK 's p/b ratio hit its five-year low in Mar2020 of 0.71x.


How does IDBI BANK 's P/B Ratio benchmark against top 10 peers in Bank - Private Industry?

Peer Comparison (Bank - Private Industry)Book ValuePB RatioMarket Cap
IDBI BANK 51,073.101.7890,696.5
HDFC BANK LTD453,743.002.931,327,960.0
ICICI BANK LTD254,739.003.58911,442.0
KOTAK MAHINDRA BANK LTD129,892.002.67346,905.0
AXIS BANK LTD156,129.002.31361,409.0
INDUSIND BANK LTD63,104.001.3182,771.9
YES BANK LTD41,148.101.5864,922.5
IDFC FIRST BANK LTD32,214.701.5349,136.1
AU SMALL FINANCE BANK LTD12,496.803.6745,871.5
THE FEDERAL BANK LTD30,101.601.6650,096.5
BANDHAN BANK LTD21,565.401.3729,585.5

Bank - Private Industry Benchmark (Top 10) PB Analysis vs IDBI BANK 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.31x
Max industry PB 3.67x
Median industry PB 1.78x
Average industry PB 2.22x



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