ICICI BANK
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The Current P/E Ratio of ICICI BANK is 15.91.
| Share Price | ₹1,385.7 | Oct 29,2026 |
| Market Cap | ₹995,085.0 Cr | |
| Earnings-TTM | ₹62,544.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.91x | 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 [ ₹995,085.0 Cr] as on Oct 29,2026
(/) Earnings [ ₹62,544.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.91x ]
Thus, for ICICI BANK , the investors are currently willing to pay 15.91 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 | 62,544.80 | 15.91 | 995,085.0 |
| HDFC BANK LTD | 83,685.00 | 12.63 | 1,056,800.0 |
| KOTAK MAHINDRA BANK LTD | 21,426.70 | 21.22 | 454,618.0 |
| AXIS BANK LTD | 29,982.30 | 12.73 | 381,817.0 |
| IDBI BANK LTD | 8,303.62 | 10.35 | 85,954.7 |
| AU SMALL FINANCE BANK LTD | 3,153.17 | 20.97 | 66,118.4 |
| THE FEDERAL BANK LTD | 5,378.85 | 15.98 | 85,936.9 |
| INDUSIND BANK LTD | 3,000.88 | 22.55 | 67,660.9 |
| YES BANK LTD | 4,194.84 | 11.56 | 48,498.3 |
| IDFC FIRST BANK LTD | 3,006.28 | 21.03 | 63,220.0 |
| BANDHAN BANK LTD | 1,863.15 | 14.01 | 26,100.7 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs ICICI BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.35x |
| Max industry PE | 22.55x |
| Median industry PE | 15.91x |
| Average industry PE | 16.27x |
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