AXIS BANK
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The Current P/E Ratio of AXIS BANK is 12.84.
Share Price | ₹1,165.3 | Apr 25,2025 |
Market Cap | ₹360,986.6 Cr | |
Earnings-TTM | ₹28,111.7 Cr | TTM-Consolidated Results |
Price/Earnings | 12.84x | 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 [ ₹360,986.6 Cr] as on Apr 25,2025
(/) Earnings [ ₹28,111.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.84x ]
Thus, for AXIS BANK , the investors are currently willing to pay 12.84 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 | 12.84 | 360,986.6 |
HDFC BANK LTD | 73,440.20 | 19.91 | 1,461,840.0 |
ICICI BANK LTD | 54,418.70 | 18.40 | 1,001,440.0 |
KOTAK MAHINDRA BANK LTD | 22,279.10 | 19.66 | 438,012.0 |
INDUSIND BANK LTD | 7,253.41 | 8.83 | 64,057.8 |
IDBI BANK LTD | 7,172.06 | 12.06 | 86,513.8 |
YES BANK LTD | 2,446.61 | 22.79 | 55,751.3 |
IDFC FIRST BANK LTD | 1,926.65 | 25.14 | 48,437.6 |
THE FEDERAL BANK LTD | 4,065.57 | 11.86 | 48,222.9 |
AU SMALL FINANCE BANK LTD | 2,105.93 | 23.90 | 50,330.3 |
BANDHAN BANK LTD | 2,482.02 | 10.73 | 26,621.3 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs AXIS BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.83x |
Max industry PE | 25.14x |
Median industry PE | 18.40x |
Average industry PE | 16.92x |
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