HDFC BANK
|
The Current P/E Ratio of HDFC BANK is 21.01.
Share Price | ₹2,012.0 | Jul 01,2025 |
Market Cap | ₹1,542,743.1 Cr | |
Earnings-TTM | ₹73,440.2 Cr | TTM-Consolidated Results |
Price/Earnings | 21.01x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HDFC BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,542,743.1 Cr] as on Jul 01,2025
(/) Earnings [ ₹73,440.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.01x ]
Thus, for HDFC BANK , the investors are currently willing to pay 21.01 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 HDFC 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 HDFC BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of HDFC BANK
PE Ratio Performance Analysis for HDFC BANK
- HDFC BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.26x.
- HDFC BANK 's operated at median p/e ratio of 19.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HDFC BANK 's p/e ratio peaked in Mar2021 at 25.86x.
- HDFC BANK 's p/e ratio hit its five-year low in Mar2024 of 17.17x.
How does HDFC BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HDFC BANK | 73,440.20 | 21.01 | 1,542,743.1 |
ICICI BANK LTD | 54,418.70 | 18.79 | 1,022,500.0 |
KOTAK MAHINDRA BANK LTD | 21,945.70 | 19.79 | 434,209.0 |
AXIS BANK LTD | 28,111.70 | 12.95 | 363,909.0 |
INDUSIND BANK LTD | 2,575.41 | 26.60 | 68,506.3 |
IDBI BANK LTD | 7,588.98 | 14.86 | 112,793.0 |
YES BANK LTD | 2,446.61 | 26.20 | 64,111.3 |
IDFC FIRST BANK LTD | 1,490.35 | 38.01 | 56,650.3 |
THE FEDERAL BANK LTD | 4,201.49 | 12.79 | 53,748.7 |
AU SMALL FINANCE BANK LTD | 2,105.93 | 29.59 | 62,309.3 |
BANDHAN BANK LTD | 2,745.30 | 10.98 | 30,149.3 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs HDFC BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.98x |
Max industry PE | 38.01x |
Median industry PE | 19.79x |
Average industry PE | 21.05x |
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