Valuation ICICI Bank Limited

Equities

Delayed NSE India S.E. Other stock markets 09:37:50 09/12/2025 am IST			5-day change	1st Jan Change
1,378.90 ^INR	-0.77%		+0.39%	+7.55%

08/12	ICICI Bank to buy additional 2% of ICICI Prudential AMC for 21.4 billion rupees	RE
08/12	Prudential PLC Shares Rise After India JV Files for IPO Prospectus	DJ

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	99,33,693	-	-
Change	-	26.05%	20.71%	25.32%	25.12%	3.43%	-	-
Enterprise Value (EV)	40,25,735	50,74,452	61,25,394	76,76,081	96,04,233	99,33,693	99,33,693	99,33,693
Change	-	26.05%	20.71%	25.32%	25.12%	3.43%	0%	0%
P/E ratio	24.6x	22.1x	19.5x	19.1x	20.5x	19.3x	17.1x	14.9x
PBR	2.73x	2.98x	3.05x	3.22x	3.29x	2.97x	2.6x	2.26x
PEG	-	0.6x	0.5x	0.7x	1.4x	2.14x	1.3x	1x
Capitalization / Revenue	6.95x	7.69x	7.47x	7.89x	8.76x	8.2x	7.18x	6.26x
EV / Revenue	0x	0x	0x	0x	0x	8.2x	7.18x	6.26x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	13.4x	11.7x	10.1x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	2	5	8	10	11	12.46	13.96	15.87
Rate of return	0.34%	0.68%	0.91%	0.91%	0.82%	0.9%	1%	1.14%
EPS ²	23.67	32.98	44.89	57.33	65.89	71.83	81.14	93.13
Distribution rate	8.45%	15.2%	17.8%	17.4%	16.7%	17.3%	17.2%	17%
Net sales ¹	5,79,580	6,59,836	8,19,600	9,72,635	10,96,711	12,11,824	13,82,909	15,86,933
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	3,63,971	3,92,503	4,90,868	5,81,308	6,72,988	7,40,977	8,51,432	9,85,809
Net income ¹	1,61,927	2,33,395	3,18,965	4,08,883	4,72,270	5,11,859	5,80,099	6,64,998
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	582.10	730.30	877.25	1,093.30	1,348.35	1,389.60	1,389.60	1,389.60
Nbr of stocks (in thousands)	69,15,882	69,48,449	69,82,496	70,21,020	71,22,952	71,48,599	-	-
Announcement Date	24/04/21	23/04/22	22/04/23	27/04/24	19/04/25	-	-	-

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.($)
ICICI BANK LIMITED	19.39x	-	-	0.89%	11TCr
AGRICULTURAL BANK OF CHINA LIMITED	6.52x	-	-	4.75%	38TCr
ANZ GROUP HOLDINGS LIMITED	14.59x	-	-	4.75%	7.07TCr
INDUSTRIAL BANK CO., LTD.	5.82x	-	-	5.1%	6.23TCr
PT BANK CENTRAL ASIA TBK	17.8x	-	-	3.71%	6.13TCr
CRÉDIT AGRICOLE S.A.	7.22x	-	-	6.92%	5.91TCr
CHINA CITIC BANK CORPORATION LIMITED	6.45x	-	-	4.72%	5.82TCr
QATAR NATIONAL BANK (Q.P.S.C.)	10.46x	-	-	4.02%	4.54TCr
Average	11.03x			4.36%	10.54TCr
Weighted average by Cap.	9.91x			4.3%