ICICI BANK
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The Current P/E Ratio of ICICI BANK is 17.70.
Share Price | ₹1,397.2 | Sep 03,2025 |
Market Cap | ₹998,375.4 Cr | |
Earnings-TTM | ₹56,406.6 Cr | TTM-Consolidated Results |
Price/Earnings | 17.70x | 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 [ ₹998,375.4 Cr] as on Sep 03,2025
(/) Earnings [ ₹56,406.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.70x ]
Thus, for ICICI BANK , the investors are currently willing to pay 17.70 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 Mar2025 to Mar2021 averaged 19.26x.
- ICICI BANK 's operated at median p/e ratio of 18.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICICI BANK 's p/e ratio peaked in Mar2021 at 21.87x.
- 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 | 56,406.60 | 17.70 | 998,375.4 |
HDFC BANK LTD | 73,342.50 | 19.97 | 1,464,470.0 |
KOTAK MAHINDRA BANK LTD | 18,975.50 | 20.54 | 389,830.0 |
AXIS BANK LTD | 27,921.90 | 11.72 | 327,146.0 |
INDUSIND BANK LTD | 1,008.74 | 59.34 | 59,856.4 |
IDBI BANK LTD | 7,873.70 | 12.37 | 97,395.3 |
YES BANK LTD | 2,739.31 | 23.32 | 63,870.6 |
IDFC FIRST BANK LTD | 1,301.18 | 46.57 | 60,597.8 |
THE FEDERAL BANK LTD | 4,108.24 | 11.56 | 47,493.4 |
AU SMALL FINANCE BANK LTD | 2,184.21 | 24.39 | 53,275.8 |
BANDHAN BANK LTD | 2,053.80 | 12.91 | 26,516.6 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.56x |
Max industry PE | 59.34x |
Median industry PE | 19.97x |
Average industry PE | 23.67x |
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