AXIS BANK
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The Current P/E Ratio of AXIS BANK is 13.05.
Share Price | ₹1,183.9 | Apr 30,2025 |
Market Cap | ₹366,748.5 Cr | |
Earnings-TTM | ₹28,111.7 Cr | TTM-Consolidated Results |
Price/Earnings | 13.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AXIS BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹366,748.5 Cr] as on Apr 30,2025
(/) Earnings [ ₹28,111.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.05x ]
Thus, for AXIS BANK , the investors are currently willing to pay 13.05 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of AXIS BANK !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of AXIS BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of AXIS BANK
PE Ratio Performance Analysis for AXIS BANK
- AXIS BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.13x.
- AXIS BANK 's operated at median p/e ratio of 24.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXIS BANK 's p/e ratio peaked in Mar2020 at 57.75x.
- AXIS BANK 's p/e ratio hit its five-year low in Mar2024 of 12.26x.
How does AXIS BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AXIS BANK | 28,111.70 | 13.05 | 366,748.5 |
HDFC BANK LTD | 73,440.20 | 20.05 | 1,472,740.0 |
ICICI BANK LTD | 54,418.70 | 18.64 | 1,014,550.0 |
KOTAK MAHINDRA BANK LTD | 22,279.10 | 19.69 | 438,568.0 |
INDUSIND BANK LTD | 7,253.41 | 9.01 | 65,319.8 |
IDBI BANK LTD | 7,588.98 | 11.32 | 85,922.5 |
YES BANK LTD | 2,446.61 | 22.71 | 55,563.1 |
IDFC FIRST BANK LTD | 1,490.35 | 31.88 | 47,515.0 |
THE FEDERAL BANK LTD | 4,065.57 | 11.88 | 48,284.3 |
AU SMALL FINANCE BANK LTD | 2,105.93 | 23.98 | 50,510.7 |
BANDHAN BANK LTD | 2,482.02 | 10.75 | 26,685.7 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs AXIS BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.01x |
Max industry PE | 31.88x |
Median industry PE | 18.64x |
Average industry PE | 17.54x |
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