IDFC FIRST BANK
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The Current P/E Ratio of IDFC FIRST BANK is 20.28.
| Share Price | ₹64.3 | Nov 28,2024 |
| Market Cap | ₹47,025.9 Cr | |
| Earnings-TTM | ₹2,318.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.28x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of IDFC FIRST BANK
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹47,025.9 Cr] as on Nov 28,2024
(/) Earnings [ ₹2,318.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.28x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for IDFC FIRST BANK , the investors are currently willing to pay 20.28 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 IDFC FIRST 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 IDFC FIRST BANK over the last five years.
Thus, for IDFC FIRST BANK , the investors are currently willing to pay 20.28 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 IDFC FIRST 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 IDFC FIRST BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of IDFC FIRST BANK
PE Ratio Performance Analysis for IDFC FIRST BANK
- IDFC FIRST BANK 's latest p/e ratio is 20.28x.
- IDFC FIRST BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 56.90x.
- IDFC FIRST BANK 's operated at median p/e ratio of 18.11x 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 Mar2022 at 186.33x.
- IDFC FIRST BANK 's p/e ratio hit its five-year low in Mar2020 of 0x.
- IDFC FIRST BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 56.90x.
- IDFC FIRST BANK 's operated at median p/e ratio of 18.11x 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 Mar2022 at 186.33x.
- IDFC FIRST BANK 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does IDFC FIRST 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 |
|---|---|---|---|
| IDFC FIRST BANK | 2,318.57 | 20.28 | 47,025.9 |
| HDFC BANK LTD | 71,546.40 | 19.15 | 1,370,300.0 |
| ICICI BANK LTD | 49,494.70 | 18.34 | 907,705.0 |
| KOTAK MAHINDRA BANK LTD | 21,841.80 | 16.02 | 349,887.0 |
| AXIS BANK LTD | 27,965.80 | 12.53 | 350,453.0 |
| INDUSIND BANK LTD | 8,152.48 | 9.50 | 77,411.2 |
| IDBI BANK LTD | 6,723.78 | 13.15 | 88,395.5 |
| YES BANK LTD | 1,792.47 | 35.61 | 63,828.4 |
| AU SMALL FINANCE BANK LTD | 1,819.77 | 23.96 | 43,598.8 |
| THE FEDERAL BANK LTD | 4,180.11 | 12.39 | 51,778.8 |
| BANDHAN BANK LTD | 2,788.25 | 9.87 | 27,523.4 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs IDFC FIRST BANK 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 9.50x |
| Max industry PE | 35.61x |
| Median industry PE | 16.02x |
| Average industry PE | 17.34x |
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