ICICI BANK
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The Current P/E Ratio of ICICI BANK is 15.25.
| Share Price | ₹1,226.4 | Jun 02,2026 |
| Market Cap | ₹879,366.5 Cr | |
| Earnings-TTM | ₹57,673.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.25x | 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 [ ₹879,366.5 Cr] as on Jun 02,2026
(/) Earnings [ ₹57,673.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.25x ]
Thus, for ICICI BANK , the investors are currently willing to pay 15.25 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 | 57,673.40 | 15.25 | 879,366.5 |
| HDFC BANK LTD | 79,219.50 | 14.55 | 1,152,820.0 |
| KOTAK MAHINDRA BANK LTD | 19,180.60 | 19.65 | 376,923.0 |
| AXIS BANK LTD | 26,493.80 | 14.69 | 389,177.0 |
| IDBI BANK LTD | 9,211.45 | 8.54 | 78,696.8 |
| AU SMALL FINANCE BANK LTD | 2,641.25 | 27.68 | 73,106.9 |
| THE FEDERAL BANK LTD | 4,483.38 | 16.11 | 72,235.1 |
| INDUSIND BANK LTD | 889.19 | 79.93 | 71,076.4 |
| YES BANK LTD | 3,512.04 | 20.38 | 71,591.2 |
| IDFC FIRST BANK LTD | 1,610.56 | 38.27 | 61,628.3 |
| BANDHAN BANK LTD | 1,223.56 | 27.16 | 33,235.3 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 8.54x |
| Max industry PE | 79.93x |
| Median industry PE | 19.65x |
| Average industry PE | 25.66x |
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