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Axis Bank Ltd PB Ratio

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Axis Bank Ltd

NSE: AXISBANK

PB

2.1

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Axis Bank Ltd is 2.1.
  • The PB ratio of the Axis Bank Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Axis Bank Ltd changed from 2.9 on March 2019 to 2.1 on March 2024 . This represents a CAGR of -5.24% over 6 years.

Historical P/B Ratio of Axis Bank Ltd

No data available

Company Fundamentals for Axis Bank Ltd

Market Cap

352,472 Cr

EPS

90.3

P/E Ratio (TTM)

12.6

P/B Ratio (TTM)

2.1

Day’s High

1152.0

Day’s Low

1115.7

DTE

NaN

ROE

16.2

52 Week High

1339.55

52 Week Low

988.0

ROCE

1.7

Market Price of Axis Bank Ltd

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 Market Price

Date
leftPrice (₹)right
21 Nov 20241139.1
19 Nov 20241135
18 Nov 20241126.15
14 Nov 20241140.7
13 Nov 20241141.15

SWOT Analysis Of Axis Bank Ltd

Strength

4

che

Weakness

1

che

Opportunity

1

che

Threats

1

che

BlinkX Score for Axis Bank Ltd

Asset Value vs Market Value of Axis Bank Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Axis Bank Ltd2.06
HDFC Bank Ltd602.2
ICICI Bank Ltd361.1
State Bank of India439.2
Kotak Mahindra Bank Ltd556.5

Historical Market Cap of Axis Bank Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Axis Bank Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 2.06. 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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