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ICICI BANK
PS (Price/Sales) Ratio

The Current P/S Ratio of ICICI BANK is 4.98.

Share Price ₹1,130.5May 17,2024
Market Cap ₹794,672.4 Cr
Sales-TTM₹159,516.0 CrTTM-Consolidated Results
Price/Sales4.98xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ICICI 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 ICICI BANK is calculated as :

Current Market Cap [ ₹794,672.4 Cr] as on May 17,2024

(/) Sales [ ₹159,516.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.98x ]

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

Thus, for ICICI BANK , the investors are currently willing to pay '4.98 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 ICICI BANK !

The chart below summarizes the trend in P/S Ratio of ICICI BANK over the last five years.

Historical PS (Price/Sales) ratio chart of ICICI BANK


PS Ratio Performance Analysis for ICICI BANK

- ICICI BANK 's latest p/e ratio is 4.98x.

- ICICI BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.19x.

- ICICI BANK 's operated at median p/e ratio of 4.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ICICI BANK 's p/e ratio peaked in Mar2022 at 5.32x.

- ICICI BANK 's p/e ratio hit its five-year low in Mar2020 of 2.48x.


How does ICICI 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)
ICICI BANK 159,516.04.98794,672.4
HDFC BANK LTD283,649.03.931,113,780.0
KOTAK MAHINDRA BANK LTD56,236.66.00337,352.0
AXIS BANK LTD112,759.03.13352,551.0
INDUSIND BANK LTD45,748.22.40109,896.0
IDBI BANK LTD26,445.73.4390,675.0
YES BANK LTD27,605.92.6172,089.5
IDFC FIRST BANK LTD30,325.11.8054,618.4
AU SMALL FINANCE BANK LTD10,554.74.4046,402.2
THE FEDERAL BANK LTD23,565.51.7040,007.8
BANDHAN BANK LTD18,869.61.5529,190.8

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.55x
Max industry PS 6.00x
Median industry PS 3.13x
Average industry PS 3.27x



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