IDBI BANK
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The Current P/E Ratio of IDBI BANK is 15.60.
Share Price | ₹83.6 | May 10,2024 |
Market Cap | ₹89,900.8 Cr | |
Earnings-TTM | ₹5,763.4 Cr | TTM-Consolidated Results |
Price/Earnings | 15.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IDBI BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹89,900.8 Cr] as on May 10,2024
(/) Earnings [ ₹5,763.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.60x ]
Thus, for IDBI BANK , the investors are currently willing to pay 15.60 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 IDBI 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 IDBI BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of IDBI BANK
PE Ratio Performance Analysis for IDBI BANK
- IDBI BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.72x.
- IDBI BANK 's operated at median p/e ratio of 13.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDBI BANK 's p/e ratio peaked in Mar2021 at 27.38x.
- IDBI BANK 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does IDBI 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 |
---|---|---|---|
IDBI BANK | 5,763.42 | 15.60 | 89,900.8 |
HDFC BANK LTD | 65,446.50 | 16.70 | 1,093,030.0 |
ICICI BANK LTD | 45,006.70 | 17.44 | 784,835.0 |
KOTAK MAHINDRA BANK LTD | 17,976.80 | 18.03 | 324,132.0 |
AXIS BANK LTD | 26,423.50 | 13.09 | 345,843.0 |
INDUSIND BANK LTD | 8,976.99 | 12.22 | 109,717.0 |
YES BANK LTD | 1,285.20 | 54.82 | 70,460.4 |
IDFC FIRST BANK LTD | 2,942.35 | 18.40 | 54,130.5 |
AU SMALL FINANCE BANK LTD | 1,534.72 | 30.73 | 47,167.2 |
THE FEDERAL BANK LTD | 3,927.53 | 9.92 | 38,959.3 |
BANDHAN BANK LTD | 2,983.23 | 10.10 | 30,133.2 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs IDBI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.92x |
Max industry PE | 54.82x |
Median industry PE | 16.70x |
Average industry PE | 19.73x |
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