ICICI BANK
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The Current P/E Ratio of ICICI BANK is 17.71.
Share Price | ₹1,398.0 | Aug 29,2025 |
Market Cap | ₹998,912.9 Cr | |
Earnings-TTM | ₹56,406.6 Cr | TTM-Consolidated Results |
Price/Earnings | 17.71x | 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 [ ₹998,912.9 Cr] as on Aug 29,2025
(/) Earnings [ ₹56,406.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.71x ]
Thus, for ICICI BANK , the investors are currently willing to pay 17.71 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 | 17.71 | 998,912.9 |
HDFC BANK LTD | 73,342.50 | 19.92 | 1,460,860.0 |
KOTAK MAHINDRA BANK LTD | 18,975.50 | 20.54 | 389,820.0 |
AXIS BANK LTD | 27,921.90 | 11.62 | 324,371.0 |
INDUSIND BANK LTD | 1,008.74 | 57.14 | 57,643.8 |
IDBI BANK LTD | 7,873.70 | 11.70 | 92,137.3 |
YES BANK LTD | 2,739.31 | 21.88 | 59,949.2 |
IDFC FIRST BANK LTD | 1,301.18 | 44.88 | 58,399.2 |
THE FEDERAL BANK LTD | 4,108.24 | 11.47 | 47,135.5 |
AU SMALL FINANCE BANK LTD | 2,184.21 | 24.52 | 53,562.9 |
BANDHAN BANK LTD | 2,053.80 | 12.70 | 26,073.6 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.47x |
Max industry PE | 57.14x |
Median industry PE | 19.92x |
Average industry PE | 23.10x |
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