IDBI BANK
|
The Current P/S Ratio of IDBI BANK is 3.48.
Share Price | ₹85.6 | May 31,2024 |
Market Cap | ₹92,008.3 Cr | |
Sales-TTM | ₹26,445.7 Cr | TTM-Consolidated Results |
Price/Sales | 3.48x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IDBI BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹92,008.3 Cr] as on May 31,2024
(/) Sales [ ₹26,445.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.48x ]
Thus, for IDBI BANK , the investors are currently willing to pay '3.48 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 IDBI BANK !
The chart below summarizes the trend in P/S Ratio of IDBI BANK over the last five years.
Historical PS (Price/Sales) ratio chart of IDBI BANK
PS Ratio Performance Analysis for IDBI BANK
- IDBI BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.91x.
- IDBI BANK 's operated at median p/e ratio of 2.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IDBI BANK 's p/e ratio peaked in Mar2022 at 2.51x.
- IDBI BANK 's p/e ratio hit its five-year low in Mar2020 of 0.96x.
How does IDBI 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) |
---|---|---|---|
IDBI BANK | 26,445.7 | 3.48 | 92,008.3 |
HDFC BANK LTD | 283,649.0 | 4.10 | 1,164,080.0 |
ICICI BANK LTD | 159,516.0 | 4.94 | 787,361.0 |
KOTAK MAHINDRA BANK LTD | 56,236.6 | 5.94 | 333,916.0 |
AXIS BANK LTD | 112,759.0 | 3.18 | 358,883.0 |
INDUSIND BANK LTD | 45,748.2 | 2.48 | 113,641.0 |
YES BANK LTD | 27,605.9 | 2.61 | 72,033.5 |
IDFC FIRST BANK LTD | 30,325.1 | 1.78 | 54,084.6 |
AU SMALL FINANCE BANK LTD | 10,554.7 | 4.59 | 48,469.3 |
THE FEDERAL BANK LTD | 23,565.5 | 1.68 | 39,525.4 |
BANDHAN BANK LTD | 18,869.6 | 1.61 | 30,310.4 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs IDBI BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.61x |
Max industry PS | 5.94x |
Median industry PS | 3.18x |
Average industry PS | 3.31x |
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