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IDBI BANK
PE (Price/Earnings) Ratio

The Current P/E Ratio of IDBI BANK is 17.92.

Share Price ₹88.6Apr 26,2024
Market Cap ₹95,255.5 Cr
Earnings-TTM₹5,315.2 CrTTM-Consolidated Results
Price/Earnings17.92xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IDBI BANK

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of IDBI BANK is calculated as :

Current Market Cap [ ₹95,255.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹5,315.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.92x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for IDBI BANK , the investors are currently willing to pay 17.92 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 latest p/e ratio is 17.92x.

- 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 RatioMarket Cap
IDBI BANK 5,315.1517.9295,255.5
HDFC BANK LTD65,446.5017.521,146,940.0
ICICI BANK LTD43,019.2018.08777,819.0
KOTAK MAHINDRA BANK LTD17,264.1018.52319,737.0
AXIS BANK LTD26,423.5013.20348,875.0
INDUSIND BANK LTD8,976.9912.54112,533.0
YES BANK LTD1,024.1276.7378,580.1
IDFC FIRST BANK LTD3,026.5719.8259,992.6
AU SMALL FINANCE BANK LTD1,534.7229.0344,546.4
THE FEDERAL BANK LTD3,894.719.8238,234.4
BANDHAN BANK LTD2,983.239.9529,674.1

Bank - Private Industry Benchmark (Top 10) PE Analysis vs IDBI BANK 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.82x
Max industry PE 76.73x
Median industry PE 17.92x
Average industry PE 22.10x



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