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Axis Bank Ltd PB Ratio

Axis Bank Ltd PB Ratio

stocks purchased

₹ 8.7 Cr

Volume transacted

stocks purchased

70.0 K

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Last Updated time: 18 Sep 9.00 AM

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Axis Bank Ltd

NSE: AXISBANK

PB

2.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Axis Bank Ltd is 2.3 as of 18 Sep 24.
  • The P/B Ratio of Axis Bank Ltd changed from 2 on March 2022 to 2.1 on March 2024 . This represents a CAGR of 1.64% over 3 years. .

Historical P/B Ratio of Axis Bank Ltd

No data available

Company Fundamentals for Axis Bank Ltd

Market Cap

382,962 Cr

EPS

86.4

P/E Ratio (TTM) *

14.3

P/B Ratio (TTM) *

2.3

Day’s High *

1250.1

Day’s Low

1225.0

DTE *

NaN

ROE *

16.2

52 Week High

1339.55

52 Week Low

951.55

ROCE *

1.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Axis Bank Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 20241238.35
17 Sep 20241231.3
16 Sep 20241231.5
13 Sep 20241217.7
12 Sep 20241203.35
11 Sep 20241186.05
10 Sep 20241187
09 Sep 20241170.65
06 Sep 20241159.15
05 Sep 20241180.7

SWOT Analysis Of Axis Bank Ltd

Strength

4

S

Weakness

1

W

Opportunity

1

O

Threats

1

T

BlinkX Score for Axis Bank Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Axis Bank Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Axis Bank Ltd23,82,962
HDFC Bank Ltd59712,92,152
ICICI Bank Ltd3549,07,451
State Bank of India4147,07,142
Kotak Mahindra Bank Ltd4863,65,625
Bank of Baroda2321,22,949

Key Valuation Metric of Axis Bank Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Axis Bank Ltd

No data available

* All values are in crore

Historical Revenue of Axis Bank Ltd

No data available

* All values are in crore

Historical EBITDA of Axis Bank Ltd

No data available

* All values are in crore

Historical Net Profit of Axis Bank Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Axis Bank Ltd News Hub

News

Axis Bank Ltd soars 1.32%, gains for fifth straight session

Axis Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1248.35,...

Read more

18 Sep 202413:00

News

Axis Bank allots NCDs aggregating Rs 3,925 cr

Axis Bank has today allotted 3,92,500 Fully Paid, Senior, Rated, Listed, Unsecured, Taxabl...

Read more

05 Sep 202415:16

News

Axis Bank allots 1.05 lakh equity shares under ESOP

Axis Bank has allotted 1,05,633 equity shares under ESOP on 04 September 2024. The paid up...

Read more

04 Sep 202419:25

News

Axis Bank plans to raise Rs 4,000 cr via NCD issuance

Axis Bank proposes to raise funds by issuing Fully paid, Senior, Rated, Listed, Unsecured,...

Read more

30 Aug 202418:01

News

Axis Bank allots 1.23 lakh equity shares under ESOP

Axis Bank has allotted 1,23,160 equity shares of Rs. 2/- each of the Bank on August 22, 20...

Read more

22 Aug 202415:03

News

Axis Bank allots 2.17 lakh equity shares under ESOP

Axis Bank has allotted 2,17,345 equity shares of Rs. 2/-each of the Bank on 14 August 2024...

Read more

14 Aug 202418:51

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FAQs for PB Ratio of Axis Bank Ltd

What is the PB ratio of Axis Bank Ltd?

The current PB ratio of Axis Bank Ltd is 2.34. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Axis Bank Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Axis Bank Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Axis Bank Ltd calculated?

The PB ratio of Axis Bank Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Axis Bank Ltd?

A high PB ratio suggests that Axis Bank Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Axis Bank Ltd?

A low PB ratio of Axis Bank Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Axis Bank Ltd PB Ratio change over time?

Yes, the PB ratio of Axis Bank Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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