ICICI BANK
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The Current P/E Ratio of ICICI BANK is 16.87.
Share Price | ₹1,242.8 | Feb 18,2025 |
Market Cap | ₹878,336.5 Cr | |
Earnings-TTM | ₹52,068.1 Cr | TTM-Consolidated Results |
Price/Earnings | 16.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
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 [ ₹878,336.5 Cr] as on Feb 18,2025
(/) Earnings [ ₹52,068.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.87x ]
Thus, for ICICI BANK , the investors are currently willing to pay 16.87 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 | 52,068.10 | 16.87 | 878,336.5 |
HDFC BANK LTD | 72,168.50 | 18.26 | 1,317,830.0 |
KOTAK MAHINDRA BANK LTD | 22,279.10 | 17.52 | 390,381.0 |
AXIS BANK LTD | 28,235.60 | 10.90 | 307,726.0 |
INDUSIND BANK LTD | 7,253.41 | 11.00 | 79,790.7 |
IDBI BANK LTD | 7,172.06 | 10.69 | 76,643.1 |
YES BANK LTD | 2,169.32 | 25.24 | 54,743.6 |
IDFC FIRST BANK LTD | 1,926.65 | 22.63 | 43,590.5 |
AU SMALL FINANCE BANK LTD | 1,972.97 | 18.91 | 37,305.1 |
THE FEDERAL BANK LTD | 4,065.57 | 10.91 | 44,345.4 |
BANDHAN BANK LTD | 2,482.02 | 8.46 | 20,991.0 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.46x |
Max industry PE | 25.24x |
Median industry PE | 16.87x |
Average industry PE | 15.58x |
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