Valuation HDFC Bank Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:08 14/05/2026 pm IST			5-day change	1st Jan Change
769.55 ^INR	+2.66%		-3.39%	-22.36%

14/05	Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	MT
14/05	Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	82,34,159	81,53,886	89,80,875	1,09,99,567	1,39,89,792	1,18,47,635	-	-
Change	-	-0.97%	10.14%	22.48%	27.18%	-15.31%	-	-
Enterprise Value (EV)	82,34,159	81,53,886	89,80,875	1,09,99,567	1,39,89,792	1,18,47,635	1,18,47,635	1,18,47,635
Change	-	-0.97%	10.14%	22.48%	27.18%	-15.31%	0%	0%
P/E ratio	26.5x	22.2x	20.4x	16.9x	20.8x	15.1x	14.2x	12.2x
PBR	4.04x	3.4x	3.08x	2.5x	2.79x	2x	1.9x	1.7x
PEG	-	1.2x	1.1x	2.04x	7.22x	1.5x	1.2x	0.8x
Capitalization / Revenue	9.14x	8.03x	7.61x	6.97x	8.31x	5.89x	5.77x	5.04x
EV / Revenue	0x	0x	0x	0x	0x	6.16x	5.77x	5.04x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	9.95x	9.38x	8.03x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	-	7.75	9.5	9.75	11	15.5	14.19	16.12
Rate of return	-	1.05%	1.18%	1.35%	1.2%	2.12%	1.84%	2.09%
EPS ²	28.15	33.15	39.44	42.72	43.95	48.4	54.3	63.05
Distribution rate	-	23.4%	24.1%	22.8%	25%	32%	26.1%	25.6%
Net sales ¹	9,00,845	10,15,195	11,80,571	15,77,734	16,83,024	19,12,186	20,52,401	23,50,378
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	5,73,618	6,40,773	7,04,050	9,43,874	10,01,275	11,85,583	12,63,311	14,75,141
Net income ¹	3,11,165	3,69,613	4,41,087	6,08,123	6,73,474	7,46,713	8,37,146	9,73,586
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	746.82	735.18	804.78	723.95	914.10	769.55	769.55	769.55
Nbr of stocks (in thousands)	1,10,25,553	1,10,91,082	1,11,59,486	1,51,93,821	1,53,04,443	1,53,95,536	-	-
Announcement Date	17/04/21	16/04/22	15/04/23	20/04/24	19/04/25	18/04/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
HDFC BANK LIMITED	15.46x	-	-	1.64%	12TCr
JPMORGAN CHASE & CO.	13.44x	-	-	2.1%	80TCr
BANK OF AMERICA CORPORATION	11.14x	-	-	2.36%	35TCr
HSBC HOLDINGS PLC	11.25x	-	-	4.6%	31TCr
ROYAL BANK OF CANADA	15.81x	-	-	2.72%	25TCr
WELLS FARGO & COMPANY	10.55x	-	-	2.56%	23TCr
COMMONWEALTH BANK OF AUSTRALIA	23.79x	-	-	3.28%	19TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.95x	-	-	2.58%	21TCr
THE TORONTO-DOMINION BANK	16.04x	-	-	2.98%	18TCr
BANCO SANTANDER, S.A.	9.42x	-	-	2.68%	17TCr
Average	14.19x			2.75%	28.13TCr
Weighted average by Cap.	13.69x			2.69%