IDBI BANK
|
The Current P/B Ratio of IDBI BANK is 1.95.
| Share Price | ₹83.9 | Apr 19,2024 |
| Market Cap | ₹90,255.6 Cr | |
| Book Value | ₹46,319.2 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.95x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
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
Current Market Cap [ ₹90,255.6 Cr] as on Apr 19,2024
(/) Book Value [ ₹46,319.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.95x ]
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 '1.95 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.
Thus, for IDBI BANK , the investors are currently willing to pay '1.95 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 1.95x.
- IDBI BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.16x.
- IDBI BANK 's operated at median p/b ratio of 1.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDBI BANK 's p/b ratio peaked in Mar2022 at 1.35x.
- IDBI BANK 's p/b ratio hit its five-year low in Mar2020 of 0.71x.
- IDBI BANK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.16x.
- IDBI BANK 's operated at median p/b ratio of 1.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDBI BANK 's p/b ratio peaked in Mar2022 at 1.35x.
- 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 Value | PB Ratio | Market Cap |
|---|---|---|---|
| IDBI BANK | 46,319.20 | 1.95 | 90,255.6 |
| HDFC BANK LTD | 288,320.00 | 4.03 | 1,163,310.0 |
| ICICI BANK LTD | 213,737.00 | 3.50 | 749,048.0 |
| KOTAK MAHINDRA BANK LTD | 112,254.00 | 3.18 | 356,474.0 |
| AXIS BANK LTD | 129,356.00 | 2.46 | 317,808.0 |
| INDUSIND BANK LTD | 54,960.30 | 2.10 | 115,437.0 |
| YES BANK LTD | 39,739.60 | 1.73 | 68,870.3 |
| IDFC FIRST BANK LTD | 25,810.40 | 2.24 | 57,853.2 |
| AU SMALL FINANCE BANK LTD | 10,933.30 | 4.18 | 45,671.6 |
| THE FEDERAL BANK LTD | 22,119.10 | 1.67 | 36,976.4 |
| BANDHAN BANK LTD | 19,572.20 | 1.43 | 27,958.4 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs IDBI BANK 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.43x |
| Max industry PB | 4.18x |
| Median industry PB | 2.24x |
| Average industry PB | 2.59x |
You may also like the below Video Courses
