Valuation ICICI Bank Limited

Equities

Delayed NSE India S.E. Other stock markets 03:13:34 21/04/2026 pm IST			5-day change	1st Jan Change
1,389.70 ^INR	+2.47%		+3.14%	+3.54%

10:35am	Financials lead Indian shares higher; US-Iran talks in focus	RE
20/04	Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	40,25,735	50,74,452	61,25,394	76,76,081	96,04,233	97,16,847	-	-
Change	-	26.05%	20.71%	25.32%	25.12%	1.17%	-	-
Enterprise Value (EV)	40,25,735	50,74,452	61,25,394	76,76,081	96,04,233	97,16,847	97,16,847	97,16,847
Change	-	26.05%	20.71%	25.32%	25.12%	1.17%	0%	0%
P/E ratio	24.6x	22.1x	19.5x	19.1x	20.5x	17.4x	17.1x	14.9x
PBR	2.73x	2.98x	3.05x	3.22x	3.29x	2.56x	2.55x	2.23x
PEG	-	0.6x	0.5x	0.7x	1.4x	3.46x	1.2x	1x
Capitalization / Revenue	6.95x	7.69x	7.47x	7.89x	8.76x	7.27x	7.18x	6.26x
EV / Revenue	0x	0x	0x	0x	0x	8.12x	7.18x	6.26x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	13.4x	11.8x	10.1x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	2	5	8	10	11	12.18	13.67	15.62
Rate of return	0.34%	0.68%	0.91%	0.91%	0.82%	0.9%	1.01%	1.15%
EPS ²	23.67	32.98	44.89	57.33	65.89	69.2	79.31	91.06
Distribution rate	8.45%	15.2%	17.8%	17.4%	16.7%	17.5%	17.2%	17.1%
Net sales ¹	5,79,580	6,59,836	8,19,600	9,72,635	10,96,711	11,88,328	13,53,893	15,51,234
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	3,63,971	3,92,503	4,90,868	5,81,308	6,72,988	7,15,989	8,23,191	9,59,135
Net income ¹	1,61,927	2,33,395	3,18,965	4,08,883	4,72,270	5,01,466	5,66,370	6,51,849
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	582.10	730.30	877.25	1,093.30	1,348.35	1,356.20	1,356.20	1,356.20
Nbr of stocks (in thousands)	69,15,882	69,48,449	69,82,496	70,21,020	71,22,952	71,64,760	-	-
Announcement Date	24/04/21	23/04/22	22/04/23	27/04/24	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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ICICI BANK LIMITED	19.48x	-	-	0.9%	10TCr
AGRICULTURAL BANK OF CHINA LIMITED	6.5x	-	-	4.75%	36TCr
ANZ GROUP HOLDINGS LIMITED	15.31x	-	-	4.48%	8.19TCr
CHINA CITIC BANK CORPORATION LIMITED	6.72x	-	-	4.69%	6.53TCr
CRÉDIT AGRICOLE S.A.	7.6x	-	-	6.78%	6.28TCr
INDUSTRIAL BANK CO., LTD.	5.03x	-	-	5.89%	5.7TCr
PT BANK CENTRAL ASIA TBK	13.23x	-	-	5.25%	4.64TCr
QATAR NATIONAL BANK (Q.P.S.C.)	9.95x	-	-	4.22%	4.59TCr
FIFTH THIRD BANCORP	16.38x	-	-	3.2%	4.62TCr
BANK LEUMI LE-ISRAEL B.M.	11.25x	-	-	4.52%	3.76TCr
Average	11.15x			4.47%	9.08TCr
Weighted average by Cap.	10.00x			4.4%