IDFC FIRST BANK
|
The Current P/S Ratio of IDFC FIRST BANK is 2.03.
Share Price | ₹81.8 | Apr 19,2024 |
Market Cap | ₹57,853.0 Cr | |
Sales-TTM | ₹28,529.1 Cr | TTM-Consolidated Results |
Price/Sales | 2.03x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IDFC FIRST BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹57,853.0 Cr] as on Apr 19,2024
(/) Sales [ ₹28,529.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.03x ]
Thus, for IDFC FIRST BANK , the investors are currently willing to pay '2.03 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 IDFC FIRST BANK !
The chart below summarizes the trend in P/S Ratio of IDFC FIRST BANK over the last five years.
Historical PS (Price/Sales) ratio chart of IDFC FIRST BANK
PS Ratio Performance Analysis for IDFC FIRST BANK
- IDFC FIRST BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.56x.
- IDFC FIRST BANK 's operated at median p/e ratio of 1.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDFC FIRST BANK 's p/e ratio peaked in Mar2019 at 2.16x.
- IDFC FIRST BANK 's p/e ratio hit its five-year low in Mar2020 of 0.62x.
How does IDFC FIRST 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) |
---|---|---|---|
IDFC FIRST BANK | 28,529.1 | 2.03 | 57,853.0 |
HDFC BANK LTD | 251,764.0 | 4.62 | 1,163,310.0 |
ICICI BANK LTD | 151,348.0 | 4.95 | 749,048.0 |
KOTAK MAHINDRA BANK LTD | 53,062.1 | 6.72 | 356,474.0 |
AXIS BANK LTD | 107,158.0 | 2.97 | 317,808.0 |
INDUSIND BANK LTD | 43,570.4 | 2.65 | 115,437.0 |
IDBI BANK LTD | 25,180.4 | 3.58 | 90,255.7 |
YES BANK LTD | 26,366.5 | 2.61 | 68,870.3 |
AU SMALL FINANCE BANK LTD | 10,000.1 | 4.57 | 45,671.6 |
THE FEDERAL BANK LTD | 22,238.5 | 1.66 | 36,976.4 |
BANDHAN BANK LTD | 17,948.5 | 1.56 | 27,958.4 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs IDFC FIRST BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.56x |
Max industry PS | 6.72x |
Median industry PS | 2.97x |
Average industry PS | 3.45x |
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