AXIS BANK
|
The Current P/S Ratio of AXIS BANK is 2.66.
| Share Price | ₹1,210.8 | Oct 21,2026 |
| Market Cap | ₹377,031.0 Cr | |
| Sales-TTM | ₹141,510.0 Cr | TTM-Consolidated Results |
| Price/Sales | 2.66x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of AXIS BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹377,031.0 Cr] as on Oct 21,2026
(/) Sales [ ₹141,510.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.66x ]
Thus, for AXIS BANK , the investors are currently willing to pay '2.66 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of AXIS BANK !
The chart below summarizes the trend in P/S Ratio of AXIS BANK over the last five years.
Historical PS (Price/Sales) ratio chart of AXIS BANK
PS Ratio Performance Analysis for AXIS BANK
- AXIS BANK 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 2.94x.
- AXIS BANK 's operated at median p/e ratio of 2.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXIS BANK 's p/e ratio peaked in Mar2022 at 3.39x.
- AXIS BANK 's p/e ratio hit its five-year low in Mar2025 of 2.68x.
How does AXIS BANK 's P/S Ratio benchmark against top 10 peers in Bank - Private Industry?
| Peer Comparison (Bank - Private Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| AXIS BANK | 141,510.0 | 2.66 | 377,031.0 |
| HDFC BANK LTD | 359,956.0 | 3.03 | 1,089,170.0 |
| ICICI BANK LTD | 206,190.0 | 4.82 | 994,436.0 |
| KOTAK MAHINDRA BANK LTD | 70,887.5 | 6.13 | 434,225.0 |
| IDBI BANK LTD | 30,952.6 | 2.79 | 86,470.8 |
| AU SMALL FINANCE BANK LTD | 19,560.6 | 3.64 | 71,215.4 |
| THE FEDERAL BANK LTD | 31,551.5 | 2.70 | 85,067.5 |
| INDUSIND BANK LTD | 45,296.9 | 1.46 | 66,149.4 |
| YES BANK LTD | 31,919.1 | 1.61 | 51,353.6 |
| IDFC FIRST BANK LTD | 41,957.8 | 1.54 | 64,675.6 |
| BANDHAN BANK LTD | 21,844.1 | 1.17 | 25,617.3 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs AXIS BANK 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 1.17x |
| Max industry PS | 6.13x |
| Median industry PS | 2.70x |
| Average industry PS | 2.87x |
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