ICICI BANK
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The Current P/E Ratio of ICICI BANK is 18.82.
Share Price | ₹1,435.0 | Jun 09,2025 |
Market Cap | ₹1,024,281.7 Cr | |
Earnings-TTM | ₹54,418.7 Cr | TTM-Consolidated Results |
Price/Earnings | 18.82x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ICICI BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,024,281.7 Cr] as on Jun 09,2025
(/) Earnings [ ₹54,418.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.82x ]
Thus, for ICICI BANK , the investors are currently willing to pay 18.82 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 ICICI 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 ICICI BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of ICICI BANK
PE Ratio Performance Analysis for ICICI BANK
- ICICI BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.89x.
- ICICI BANK 's operated at median p/e ratio of 20.21x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICICI BANK 's p/e ratio peaked in Mar2020 at 21.96x.
- ICICI BANK 's p/e ratio hit its five-year low in Mar2024 of 17.39x.
How does ICICI 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 |
---|---|---|---|
ICICI BANK | 54,418.70 | 18.82 | 1,024,281.7 |
HDFC BANK LTD | 73,440.20 | 20.64 | 1,515,780.0 |
KOTAK MAHINDRA BANK LTD | 21,945.70 | 19.37 | 425,193.0 |
AXIS BANK LTD | 28,111.70 | 13.45 | 378,213.0 |
INDUSIND BANK LTD | 2,575.41 | 25.31 | 65,171.9 |
IDBI BANK LTD | 7,588.98 | 14.38 | 109,148.0 |
YES BANK LTD | 2,446.61 | 26.95 | 65,924.3 |
IDFC FIRST BANK LTD | 1,490.35 | 35.55 | 52,978.2 |
THE FEDERAL BANK LTD | 4,201.49 | 12.43 | 52,240.2 |
AU SMALL FINANCE BANK LTD | 2,105.93 | 27.30 | 57,499.1 |
BANDHAN BANK LTD | 2,745.30 | 10.92 | 29,988.2 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.92x |
Max industry PE | 35.55x |
Median industry PE | 19.37x |
Average industry PE | 20.47x |
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