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ICICI Bank Shiller PE Ratio

: 22.08 (As of Today)
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As of today (2021-10-21), ICICI Bank's current share price is $20.09. ICICI Bank's E10 for the quarter that ended in Jun. 2021 was $0.91. ICICI Bank's Shiller PE Ratio for today is 22.08.

The historical rank and industry rank for ICICI Bank's Shiller PE Ratio or its related term are showing as below:

NYSE:IBN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.57   Med: 14.29   Max: 22.55
Current: 22.33

9.57
22.55

During the past years, ICICI Bank's highest Shiller PE Ratio was 22.55. The lowest was 9.57. And the median was 14.29.

NYSE:IBN's Shiller PE Ratio is ranked lower than
99.99% of the 273 Companies
in the Banks industry.

( Industry Median: 17.71 vs. NYSE:IBN: 22.33 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

ICICI Bank's adjusted earnings per share data for the three months ended in Jun. 2021 was $0.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.91 for the trailing ten years ended in Jun. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICICI Bank Shiller PE Ratio Historical Data

The historical data trend for ICICI Bank's Shiller 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.

* Premium members only.

ICICI Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.74 10.43 14.32 10.81 17.74

ICICI Bank Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.48 11.19 16.59 17.74 18.76

Competitive Comparison

For the Banks - Regional subindustry, ICICI Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.

   

ICICI Bank Shiller PE Ratio Distribution

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

* The bar in red indicates where ICICI Bank's Shiller PE Ratio falls into.



ICICI Bank Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

ICICI Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.09/0.91
=22.08

* 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.

ICICI Bank's E10 for the quarter that ended in Jun. 2021 is calculated as:

For example, ICICI Bank's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.183/134.0842*134.0842
=0.183

Current CPI (Jun. 2021) = 134.0842.

ICICI Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201012 0.142 70.768 0.269
201103 0.110 70.768 0.208
201106 0.117 72.298 0.217
201109 0.131 75.359 0.233
201112 0.130 75.359 0.231
201203 0.113 76.889 0.197
201206 0.117 79.567 0.197
201209 0.138 82.244 0.225
201303 0.143 85.687 0.224
201306 0.147 88.365 0.223
201309 0.133 91.042 0.196
201312 0.146 91.425 0.214
201403 0.140 91.425 0.205
201406 0.148 94.103 0.211
201409 0.157 96.780 0.218
201412 0.808 96.780 1.119
201503 0.153 97.163 0.211
201506 0.787 99.841 1.057
201509 0.802 101.753 1.057
201512 0.146 102.901 0.190
201603 0.094 102.518 0.123
201606 0.582 105.961 0.736
201609 0.695 105.961 0.879
201612 0.120 105.196 0.153
201703 0.098 105.196 0.125
201709 0.099 109.021 0.122
201803 0.054 109.786 0.066
201806 0.000 111.317 0.000
201809 0.051 115.142 0.059
201812 0.081 115.142 0.094
201903 0.052 118.202 0.059
201906 0.110 120.880 0.122
201909 0.048 123.175 0.052
201912 0.199 126.235 0.211
202003 0.051 124.705 0.055
202006 0.126 127.000 0.133
202009 0.196 130.118 0.202
202012 0.213 130.889 0.218
202103 0.190 131.771 0.193
202106 0.183 134.084 0.183

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ICICI Bank  (NYSE:IBN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


ICICI Bank Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of ICICI Bank's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ICICI Bank Business Description

ICICI Bank logo
Industry
Financial Services » Banks NAICS : 0 SIC : 0
Address
ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051
ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.

ICICI Bank Headlines

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