CITY UNION BANK
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The Current P/E Ratio of CITY UNION BANK is 10.22.
Share Price | ₹135.1 | Mar 28,2024 |
Market Cap | ₹10,003.2 Cr | |
Earnings-TTM | ₹979.0 Cr | TTM-Standalone Results |
Price/Earnings | 10.22x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CITY UNION BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹10,003.2 Cr] as on Mar 28,2024
(/) Earnings [ ₹979.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 10.22x ]
Thus, for CITY UNION BANK , the investors are currently willing to pay 10.22 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 CITY UNION 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 CITY UNION BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of CITY UNION BANK
PE Ratio Performance Analysis for CITY UNION BANK
- CITY UNION BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.79x.
- CITY UNION BANK 's operated at median p/e ratio of 19.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CITY UNION BANK 's p/e ratio peaked in Mar2019 at 21.96x.
- CITY UNION BANK 's p/e ratio hit its five-year low in Mar2023 of 9.94x.
How does CITY UNION 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 |
---|---|---|---|
CITY UNION BANK | 978.96 | 10.22 | 10,003.2 |
HDFC BANK LTD | 60,067.60 | 18.32 | 1,100,180.0 |
ICICI BANK LTD | 43,019.20 | 17.89 | 769,544.0 |
KOTAK MAHINDRA BANK LTD | 17,264.10 | 20.56 | 355,003.0 |
AXIS BANK LTD | 13,438.80 | 24.08 | 323,549.0 |
INDUSIND BANK LTD | 8,671.27 | 13.96 | 121,083.0 |
IDBI BANK LTD | 5,315.15 | 16.37 | 87,008.4 |
YES BANK LTD | 1,024.12 | 65.17 | 66,741.5 |
IDFC FIRST BANK LTD | 3,026.57 | 17.61 | 53,300.2 |
AU SMALL FINANCE BANK LTD | 1,588.61 | 23.82 | 37,844.5 |
THE FEDERAL BANK LTD | 3,894.71 | 9.39 | 36,566.8 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs CITY UNION BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.39x |
Max industry PE | 65.17x |
Median industry PE | 17.89x |
Average industry PE | 21.58x |
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