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INDUSIND BANK
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDUSIND BANK is 12.54.

Share Price ₹1,445.9Apr 26,2024
Market Cap ₹112,530.5 Cr
Earnings-TTM₹8,977.0 CrTTM-Consolidated Results
Price/Earnings12.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDUSIND 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 INDUSIND BANK is calculated as :

Current Market Cap [ ₹112,530.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹8,977.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.54x ]

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

Thus, for INDUSIND BANK , the investors are currently willing to pay 12.54 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 INDUSIND 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 INDUSIND BANK over the last five years.

Historical PE (Price/Earnings) ratio chart of INDUSIND BANK


PE Ratio Performance Analysis for INDUSIND BANK

- INDUSIND BANK 's latest p/e ratio is 12.54x.

- INDUSIND BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.88x.

- INDUSIND BANK 's operated at median p/e ratio of 15.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDUSIND BANK 's p/e ratio peaked in Mar2019 at 32.54x.

- INDUSIND BANK 's p/e ratio hit its five-year low in Mar2020 of 5.46x.


How does INDUSIND 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
INDUSIND BANK 8,976.9912.54112,530.5
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
IDBI BANK LTD5,315.1517.9295,255.5
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 INDUSIND 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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