IDBI BANK
|
The Current P/S Ratio of IDBI BANK is 3.20.
Share Price | ₹82.3 | Nov 04,2024 |
Market Cap | ₹88,438.5 Cr | |
Sales-TTM | ₹27,658.5 Cr | TTM-Consolidated Results |
Price/Sales | 3.20x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IDBI BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹88,438.5 Cr] as on Nov 04,2024
(/) Sales [ ₹27,658.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.20x ]
Thus, for IDBI BANK , the investors are currently willing to pay '3.20 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 IDBI BANK !
The chart below summarizes the trend in P/S Ratio of IDBI BANK over the last five years.
Historical PS (Price/Sales) ratio chart of IDBI BANK
PS Ratio Performance Analysis for IDBI BANK
- IDBI BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.24x.
- IDBI BANK 's operated at median p/e ratio of 2.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDBI BANK 's p/e ratio peaked in Mar2024 at 3.29x.
- IDBI BANK 's p/e ratio hit its five-year low in Mar2020 of 0.96x.
How does IDBI 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) |
---|---|---|---|
IDBI BANK | 27,658.5 | 3.20 | 88,438.5 |
HDFC BANK LTD | 321,990.0 | 4.07 | 1,309,810.0 |
ICICI BANK LTD | 174,379.0 | 5.16 | 900,437.0 |
KOTAK MAHINDRA BANK LTD | 61,914.9 | 5.55 | 343,654.0 |
AXIS BANK LTD | 121,855.0 | 2.89 | 352,715.0 |
INDUSIND BANK LTD | 49,003.8 | 1.69 | 82,849.8 |
YES BANK LTD | 29,909.2 | 2.13 | 63,731.3 |
IDFC FIRST BANK LTD | 33,845.7 | 1.42 | 48,177.6 |
AU SMALL FINANCE BANK LTD | 13,245.0 | 3.51 | 46,500.0 |
THE FEDERAL BANK LTD | 26,157.7 | 1.91 | 50,072.0 |
BANDHAN BANK LTD | 20,890.4 | 1.39 | 29,029.7 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs IDBI BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.39x |
Max industry PS | 5.55x |
Median industry PS | 2.89x |
Average industry PS | 2.99x |
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