HDFC BANK
|
The Current P/E Ratio of HDFC BANK is 18.31.
Share Price | ₹1,714.1 | Nov 04,2024 |
Market Cap | ₹1,309,808.4 Cr | |
Earnings-TTM | ₹71,546.4 Cr | TTM-Consolidated Results |
Price/Earnings | 18.31x | Calculated as Market Cap/Earnings |
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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 [ ₹1,309,808.4 Cr] as on Nov 04,2024
(/) Earnings [ ₹71,546.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.31x ]
Thus, for HDFC BANK , the investors are currently willing to pay 18.31 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 Mar2024 to Mar2020 averaged 20.26x.
- HDFC BANK 's operated at median p/e ratio of 19.53x 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 | 71,546.40 | 18.31 | 1,309,808.4 |
ICICI BANK LTD | 49,494.70 | 18.19 | 900,437.0 |
KOTAK MAHINDRA BANK LTD | 21,841.80 | 15.73 | 343,654.0 |
AXIS BANK LTD | 27,965.80 | 12.61 | 352,715.0 |
INDUSIND BANK LTD | 8,152.48 | 10.16 | 82,849.8 |
IDBI BANK LTD | 6,723.78 | 13.15 | 88,438.5 |
YES BANK LTD | 1,792.47 | 35.56 | 63,731.3 |
IDFC FIRST BANK LTD | 2,318.57 | 20.78 | 48,177.6 |
AU SMALL FINANCE BANK LTD | 1,819.77 | 25.55 | 46,500.0 |
THE FEDERAL BANK LTD | 4,180.11 | 11.98 | 50,072.0 |
BANDHAN BANK LTD | 2,788.25 | 10.41 | 29,029.7 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs HDFC BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.16x |
Max industry PE | 35.56x |
Median industry PE | 15.73x |
Average industry PE | 17.49x |
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