HDFC BANK
|
The Current P/E Ratio of HDFC BANK is 20.29.
| Share Price | ₹990.4 | Dec 10,2025 |
| Market Cap | ₹1,523,405.9 Cr | |
| Earnings-TTM | ₹75,078.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.29x | 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 [ ₹1,523,405.9 Cr] as on Dec 10,2025
(/) Earnings [ ₹75,078.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.29x ]
Thus, for HDFC BANK , the investors are currently willing to pay 20.29 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 | 20.29 | 1,523,405.9 |
| ICICI BANK LTD | 56,802.20 | 17.17 | 975,345.0 |
| KOTAK MAHINDRA BANK LTD | 18,423.60 | 22.98 | 423,465.0 |
| AXIS BANK LTD | 26,070.50 | 15.23 | 396,971.0 |
| INDUSIND BANK LTD | -759.46 | -85.43 | 64,881.4 |
| IDBI BANK LTD | 9,265.74 | 10.97 | 101,610.0 |
| YES BANK LTD | 2,837.15 | 24.03 | 68,183.4 |
| IDFC FIRST BANK LTD | 1,437.04 | 48.02 | 69,012.4 |
| THE FEDERAL BANK LTD | 4,023.21 | 15.88 | 63,882.6 |
| AU SMALL FINANCE BANK LTD | 2,173.87 | 34.12 | 74,177.0 |
| BANDHAN BANK LTD | 1,228.22 | 18.53 | 22,763.0 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs HDFC BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -85.43x |
| Max industry PE | 48.02x |
| Median industry PE | 18.53x |
| Average industry PE | 12.89x |
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