HDFC BANK
|
The Current P/E Ratio of HDFC BANK is 20.18.
| Share Price | ₹985.1 | Nov 04,2025 |
| Market Cap | ₹1,514,758.7 Cr | |
| Earnings-TTM | ₹75,078.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.18x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HDFC BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,514,758.7 Cr] as on Nov 04,2025
(/) Earnings [ ₹75,078.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.18x ]
Thus, for HDFC BANK , the investors are currently willing to pay 20.18 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 HDFC 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 HDFC BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of HDFC BANK
PE Ratio Performance Analysis for HDFC BANK
- HDFC BANK 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 20.75x.
- HDFC BANK 's operated at median p/e ratio of 19.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HDFC BANK 's p/e ratio peaked in Mar2021 at 25.86x.
- HDFC BANK 's p/e ratio hit its five-year low in Mar2024 of 17.17x.
How does HDFC 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 |
|---|---|---|---|
| HDFC BANK | 75,078.90 | 20.18 | 1,514,758.7 |
| ICICI BANK LTD | 56,802.20 | 16.83 | 955,733.0 |
| KOTAK MAHINDRA BANK LTD | 18,423.60 | 22.62 | 416,777.0 |
| AXIS BANK LTD | 26,070.50 | 14.60 | 380,731.0 |
| INDUSIND BANK LTD | -759.46 | -80.99 | 61,508.1 |
| IDBI BANK LTD | 9,265.74 | 11.51 | 106,664.0 |
| YES BANK LTD | 2,837.15 | 25.46 | 72,224.9 |
| IDFC FIRST BANK LTD | 1,437.04 | 48.47 | 69,649.4 |
| THE FEDERAL BANK LTD | 4,023.21 | 14.54 | 58,496.4 |
| AU SMALL FINANCE BANK LTD | 2,173.87 | 30.22 | 65,686.1 |
| BANDHAN BANK LTD | 1,228.22 | 20.49 | 25,163.4 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs HDFC BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -80.99x |
| Max industry PE | 48.47x |
| Median industry PE | 20.18x |
| Average industry PE | 13.08x |
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