According to ICICI Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4978. At the end of 2021 the company had a P/E ratio of 22.8.
Year | P/E ratio | Change |
---|---|---|
2021 | 22.8 | -8.71% |
2020 | 25.0 | -30.77% |
2019 | 36.1 | -33.37% |
2018 | 54.2 | |
2016 | 17.2 | 50.72% |
2015 | 11.4 | 36.81% |
2014 | 8.35 | -29.35% |
2013 | 11.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() First Republic Bank
FRC | 16.8 | -3.83% | ๐บ๐ธ USA |
![]() Huntington Bancshares
HBAN | 10.2 | -41.64% | ๐บ๐ธ USA |
![]() HDFC Bank HDB | 26.1 | 49.06% | ๐ฎ๐ณ India |
![]() First Horizon National FHN | 15.2 | -12.97% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.