KOTAK MAHINDRA BANK
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The Current P/B Ratio of KOTAK MAHINDRA BANK is 2.72.
Share Price | ₹1,777.3 | Dec 05,2024 |
Market Cap | ₹353,362.8 Cr | |
Book Value | ₹129,892.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.72x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of KOTAK MAHINDRA BANK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹353,362.8 Cr] as on Dec 05,2024
(/) Book Value [ ₹129,892.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.72x ]
Thus, for KOTAK MAHINDRA BANK , the investors are currently willing to pay '2.72 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 KOTAK MAHINDRA BANK !
The chart below summarizes the trend in P/B Ratio of KOTAK MAHINDRA BANK over the last five years.
Historical PB (Price/Book ) ratio chart of KOTAK MAHINDRA BANK
PB Ratio Performance Analysis for KOTAK MAHINDRA BANK
- KOTAK MAHINDRA BANK 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.45x.
- KOTAK MAHINDRA BANK 's operated at median p/b ratio of 3.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KOTAK MAHINDRA BANK 's p/b ratio peaked in Mar2021 at 4.12x.
- KOTAK MAHINDRA BANK 's p/b ratio hit its five-year low in Mar2024 of 2.73x.
How does KOTAK MAHINDRA 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 |
---|---|---|---|
KOTAK MAHINDRA BANK | 129,892.00 | 2.72 | 353,362.8 |
HDFC BANK LTD | 453,743.00 | 3.14 | 1,424,850.0 |
ICICI BANK LTD | 254,739.00 | 3.69 | 941,250.0 |
AXIS BANK LTD | 156,129.00 | 2.31 | 361,236.0 |
INDUSIND BANK LTD | 63,104.00 | 1.23 | 77,744.7 |
IDBI BANK LTD | 51,073.10 | 1.80 | 92,019.1 |
YES BANK LTD | 41,148.10 | 1.61 | 66,367.7 |
IDFC FIRST BANK LTD | 32,214.70 | 1.50 | 48,292.0 |
AU SMALL FINANCE BANK LTD | 12,496.80 | 3.56 | 44,491.8 |
THE FEDERAL BANK LTD | 30,101.60 | 1.75 | 52,713.3 |
BANDHAN BANK LTD | 21,565.40 | 1.33 | 28,586.7 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs KOTAK MAHINDRA BANK 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.23x |
Max industry PB | 3.69x |
Median industry PB | 1.80x |
Average industry PB | 2.24x |
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