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IDBI BANK
PS (Price/Sales) Ratio

The Current P/S Ratio of IDBI BANK is 3.20.

Share Price ₹82.3Nov 04,2024
Market Cap ₹88,438.5 Cr
Sales-TTM₹27,658.5 CrTTM-Consolidated Results
Price/Sales3.20xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of IDBI BANK

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

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

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 3.20x.

- 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 RatioMarket Cap (Cr)
IDBI BANK 27,658.53.2088,438.5
HDFC BANK LTD321,990.04.071,309,810.0
ICICI BANK LTD174,379.05.16900,437.0
KOTAK MAHINDRA BANK LTD61,914.95.55343,654.0
AXIS BANK LTD121,855.02.89352,715.0
INDUSIND BANK LTD49,003.81.6982,849.8
YES BANK LTD29,909.22.1363,731.3
IDFC FIRST BANK LTD33,845.71.4248,177.6
AU SMALL FINANCE BANK LTD13,245.03.5146,500.0
THE FEDERAL BANK LTD26,157.71.9150,072.0
BANDHAN BANK LTD20,890.41.3929,029.7

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

Top 10 Industry PeersPS 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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