Valuation Industrial and Commercial Bank of China Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 01:39:05 15/05/2026 pm IST			5-day change	1st Jan Change
6.890 ^HKD	-2.13%		-1.43%	+9.54%

29/04	ICBC Sells 50 Billion Yuan Bonds	MT
29/04	Industrial and Commercial Bank of China Limited, Q1 2026 Earnings Call, Apr 29, 2026

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	15,59,423	14,78,751	15,89,701	22,90,644	26,28,615	24,71,727	-	-
Change	-	-5.17%	7.5%	44.09%	14.75%	-5.97%	-	-
Enterprise Value (EV)	15,59,423	14,78,751	15,89,701	22,90,644	26,28,615	24,71,727	24,71,727	24,71,727
Change	-	-5.17%	7.5%	44.09%	14.75%	-5.97%	0%	0%
P/E ratio	3.77x	3.67x	3.54x	5x	5.65x	5.81x	5.56x	5.24x
PBR	0.44x	0.4x	0.36x	0.48x	0.52x	0.51x	0.48x	0.45x
PEG	-	1.74x	3.43x	-	2.77x	1.88x	1.23x	0.88x
Capitalization / Revenue	1.81x	1.76x	1.97x	2.91x	3.28x	2.91x	2.76x	2.56x
EV / Revenue	0x	0x	0x	0x	0x	2.91x	2.76x	2.56x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.14x	3.92x	3.58x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.2933	0.3035	0.3064	0.308	0.3103	0.3195	0.3338	0.3516
Rate of return	8.18%	8.54%	8.84%	6.29%	5.49%	5.34%	5.58%	5.87%
EPS ²	0.95	0.97	0.98	0.98	1	1.031	1.078	1.142
Distribution rate	30.9%	31.3%	31.3%	31.4%	31%	31%	31%	30.8%
Net sales ¹	8,60,880	8,41,441	8,06,458	7,86,126	8,01,395	8,48,938	8,97,019	9,64,350
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	6,24,653	6,00,557	5,67,760	5,43,971	5,54,521	5,96,333	6,30,664	6,90,184
Net income ¹	3,38,731	3,60,483	3,63,993	3,65,863	3,68,562	3,70,286	3,88,854	4,05,710
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	3.585	3.556	3.467	4.896	5.652	5.988	5.988	5.988
Nbr of stocks (in thousands)	35,64,06,257	35,64,06,257	35,64,06,257	35,64,06,257	35,64,06,257	35,64,06,257	-	-
Announcement Date	30/03/22	30/03/23	27/03/24	28/03/25	27/03/26	-	-	-

¹CNY in Million²CNY

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.($)
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.92x	-	-	5.24%	37TCr
JPMORGAN CHASE & CO.	13.43x	-	-	2.1%	80TCr
BANK OF AMERICA CORPORATION	11.15x	-	-	2.36%	35TCr
HSBC HOLDINGS PLC	11.29x	-	-	4.59%	31TCr
CHINA CONSTRUCTION BANK CORPORATION	5.85x	-	-	5.22%	30TCr
BANK OF CHINA LIMITED	6.08x	-	-	5.14%	26TCr
ROYAL BANK OF CANADA	16.14x	-	-	2.66%	26TCr
WELLS FARGO & COMPANY	10.59x	-	-	2.55%	23TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.7x	-	-	2.63%	21TCr
COMMONWEALTH BANK OF AUSTRALIA	24.25x	-	-	3.22%	19TCr
Average	11.94x			3.57%	32.76TCr
Weighted average by Cap.	11.57x			3.42%