ICICI BANK
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The Current P/E Ratio of ICICI BANK is 17.24.
| Share Price | ₹1,429.0 | Aug 10,2026 |
| Market Cap | ₹1,025,450.4 Cr | |
| Earnings-TTM | ₹59,489.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 17.24x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹1,025,450.4 Cr] as on Aug 10,2026
(/) Earnings [ ₹59,489.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.24x ]
Thus, for ICICI BANK , the investors are currently willing to pay 17.24 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 Mar2026 to Mar2022 averaged 18.07x.
- ICICI BANK 's operated at median p/e ratio of 18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICICI BANK 's p/e ratio peaked in Mar2022 at 20.21x.
- ICICI BANK 's p/e ratio hit its five-year low in Mar2026 of 15.92x.
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 | 59,489.30 | 17.24 | 1,025,450.4 |
| HDFC BANK LTD | 82,511.70 | 13.67 | 1,127,970.0 |
| KOTAK MAHINDRA BANK LTD | 20,238.60 | 19.29 | 390,335.0 |
| AXIS BANK LTD | 27,890.20 | 13.92 | 388,334.0 |
| IDBI BANK LTD | 9,318.15 | 9.57 | 89,148.2 |
| AU SMALL FINANCE BANK LTD | 2,856.35 | 28.10 | 80,250.1 |
| THE FEDERAL BANK LTD | 4,834.22 | 18.24 | 88,184.9 |
| INDUSIND BANK LTD | 1,322.16 | 60.13 | 79,499.6 |
| YES BANK LTD | 3,775.15 | 18.88 | 71,281.2 |
| IDFC FIRST BANK LTD | 2,304.91 | 31.82 | 73,332.1 |
| BANDHAN BANK LTD | 1,353.27 | 20.60 | 27,872.2 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 9.57x |
| Max industry PE | 60.13x |
| Median industry PE | 18.88x |
| Average industry PE | 22.86x |
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