INDIAN BANK
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The Current P/E Ratio of INDIAN BANK is 7.09.
| Share Price | ₹541.5 | Feb 05,2025 |
| Market Cap | ₹72,933.3 Cr | |
| Earnings-TTM | ₹10,293.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 7.09x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN 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 [ ₹72,933.3 Cr] as on Feb 05,2025
(/) Earnings [ ₹10,293.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 7.09x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for INDIAN BANK, the investors are currently willing to pay 7.09 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 INDIAN 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 INDIAN BANK over the last five years.
Thus, for INDIAN BANK, the investors are currently willing to pay 7.09 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 INDIAN 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 INDIAN BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN BANK
PE Ratio Performance Analysis for INDIAN BANK
- INDIAN BANK's latest p/e ratio is 7.09x.
- INDIAN BANK's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.32x.
- INDIAN BANK's operated at median p/e ratio of 4.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN BANK's p/e ratio peaked in Mar2024 at 8.33x.
- INDIAN BANK's p/e ratio hit its five-year low in Mar2020 of 3.05x.
- INDIAN BANK's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.32x.
- INDIAN BANK's operated at median p/e ratio of 4.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN BANK's p/e ratio peaked in Mar2024 at 8.33x.
- INDIAN BANK's p/e ratio hit its five-year low in Mar2020 of 3.05x.
How does INDIAN BANK's P/E Ratio benchmark against top 10 peers in Bank - Public Industry?
| Peer Comparison (Bank - Public Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| INDIAN BANK | 10,293.80 | 7.09 | 72,933.3 |
| STATE BANK OF INDIA | 72,919.50 | 9.38 | 683,715.0 |
| PUNJAB NATIONAL BANK | 15,897.60 | 7.25 | 115,217.0 |
| BANK OF BARODA | 20,168.30 | 5.64 | 113,770.0 |
| UNION BANK OF INDIA | 16,229.80 | 5.61 | 91,030.8 |
| INDIAN OVERSEAS BANK | 3,113.97 | 31.24 | 97,290.7 |
| CANARA BANK | 16,031.80 | 5.43 | 86,996.6 |
| BANK OF INDIA | 8,190.83 | 5.99 | 49,100.5 |
| UCO BANK | 2,318.30 | 22.16 | 51,374.8 |
| CENTRAL BANK OF INDIA | 3,587.61 | 12.47 | 44,750.2 |
| BANK OF MAHARASHTRA | 5,245.40 | 7.46 | 39,126.9 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs INDIAN BANK's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 5.43x |
| Max industry PE | 31.24x |
| Median industry PE | 7.25x |
| Average industry PE | 10.88x |
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