ICICI Bank
IBN
#176
Rank
$77.75 B
Marketcap
$22.35
Share price
2.10%
Change (1 day)
15.44%
Change (1 year)

P/E ratio for ICICI Bank (IBN)

P/E ratio as of August 2022 (TTM): 21.2

According to ICICI Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2473. At the end of 2021 the company had a P/E ratio of 22.8.

P/E ratio history for ICICI Bank from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202122.8-8.71%
202025.0-30.77%
201936.1-33.37%
201854.2
201617.250.72%
201511.436.81%
20148.35-29.35%
201311.8

How to read a P/E ratio?

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.