HDFC Bank (HDFC Bank) Forward PE Ratio

: 17.36 (As of Today)

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HDFC Bank's Forward PE Ratio for today is 17.36.

HDFC Bank's PE Ratio without NRI for today is 31.13.

HDFC Bank's PE Ratio for today is 31.13.

HDFC Bank Forward PE Ratio Historical Data

The historical data trend for HDFC Bank's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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HDFC Bank Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-04

2024-04

Forward PE Ratio

26.74

19.34

24.75

25.19

23.81

29.67

20.58

21.23

17.61

HDFC Bank Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2024-03
Forward PE Ratio	26.74	21.55	26.39	27.32	19.34	22.68	26.25	29.15	24.75	25.00	29.24	28.09	25.19	28.25	31.45	28.01	23.81	16.03	26.74	28.01	29.67	30.03	27.93	27.40	20.58	20.53	16.64

Competitive Comparison

For the Banks - Regional subindustry, HDFC Bank's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HDFC Bank Forward PE Ratio Distribution

For the Banks industry and Financial Services sector, HDFC Bank's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where HDFC Bank's Forward PE Ratio falls into.

HDFC Bank Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

HDFC Bank (NYSE:HDB) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

HDFC Bank Forward PE Ratio Related Terms

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HDFC Bank (HDFC Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

HDB:Mexico HDFCBANK:India 500180:India HDFA:Germany HDFA:Germany H1DB34:Brazil HDB:Argentina

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.