AXIS BANK
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The Current P/E Ratio of AXIS BANK is 13.71.
| Share Price | ₹1,320.0 | Nov 06,2026 |
| Market Cap | ₹411,087.6 Cr | |
| Earnings-TTM | ₹29,982.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 13.71x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹411,087.6 Cr] as on Nov 06,2026
(/) Earnings [ ₹29,982.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.71x ]
Thus, for AXIS BANK , the investors are currently willing to pay 13.71 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 Mar2026 to Mar2022 averaged 15.81x.
- AXIS BANK 's operated at median p/e ratio of 13.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXIS BANK 's p/e ratio peaked in Mar2023 at 24.41x.
- AXIS BANK 's p/e ratio hit its five-year low in Mar2025 of 12.17x.
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 | 29,982.30 | 13.71 | 411,087.6 |
| HDFC BANK LTD | 83,685.00 | 14.51 | 1,214,530.0 |
| ICICI BANK LTD | 62,544.80 | 18.02 | 1,126,750.0 |
| KOTAK MAHINDRA BANK LTD | 21,426.70 | 22.29 | 477,498.0 |
| IDBI BANK LTD | 8,303.62 | 10.29 | 85,406.3 |
| AU SMALL FINANCE BANK LTD | 3,153.17 | 22.17 | 69,907.3 |
| THE FEDERAL BANK LTD | 5,378.85 | 15.60 | 83,902.6 |
| INDUSIND BANK LTD | 3,000.88 | 23.63 | 70,902.2 |
| YES BANK LTD | 4,194.84 | 12.87 | 53,992.1 |
| IDFC FIRST BANK LTD | 3,006.28 | 22.16 | 66,626.8 |
| BANDHAN BANK LTD | 1,863.15 | 14.26 | 26,575.9 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs AXIS BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.29x |
| Max industry PE | 23.63x |
| Median industry PE | 15.60x |
| Average industry PE | 17.23x |
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