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HDFC BankHDB -0.68%62 Earnings per Share (Diluted) is $1.51 as of Mar. 2026. GuruFocus rates HDB with a GF Score™ of 62/100 and a GF Value™ of $29.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,409 Banks companies, HDFC Bank ranks worse than 69.34% on this metric.
HDFC Bank's EPS (Basic) for the
six
months ended in Mar. 2026 was $0.78.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.52.
HDFC Bank's EPS without NRI for the
six
months ended in Mar. 2026 was $0.78.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $1.51.
During the past 12 months, HDFC Bank's average EPS without NRIGrowth Rate was 2.10% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 1.00% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 8.80% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 16.10% per year.
During the past 13 years, HDFC Bank's highest 3-Year average EPS without NRI Growth Rate was 42.60% per year. The lowest was 1.00% per year. And the median was 20.80% per year.
HDFC Bank (NYSE:HDB) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
HDFC Bank Earnings per Share (Diluted) Related Terms
HDFC Bank Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for HDFC Bank's Earnings per Share (Diluted) 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.
HDB vs PNC: Earnings per Share (Diluted) Comparison
For the Banks - Regional subindustry, HDFC Bank's PE Ratio, along with its competitors' market caps and 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 PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, HDFC Bank's PE Ratio distribution charts can be found below:
* The bar in red indicates where HDFC Bank's PE Ratio falls into.
HDFC Bank Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
HDFC Bank's Earnings Per Share (Diluted) for the fiscal year that ended in Mar. 2026 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.51
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $1.51 mean?
HDFC Bank (HDB) has a Earnings per Share (Diluted) of $1.51 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on HDFC Bank and its competitors. According to the industry distribution chart, HDFC Bank ranks #977 out of 1409 companies in the Banks industry, placing it in the top 69.3%.
Is HDFC Bank's Earnings per Share (Diluted) too high?
HDFC Bank's current Earnings per Share (Diluted) is $1.51. The Banks industry median Earnings per Share (Diluted) is 7.40. HDFC Bank's value of $1.51 is 79.6% below this industry median. Based on the distribution chart, HDFC Bank ranks #977 out of 1409 companies in the Banks industry, which is below the industry midpoint. Overall, HDFC Bank has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's Earnings per Share (Diluted) compare to PNC?
According to the Banks industry distribution chart, HDFC Bank ranks #977 out of 1409 companies for Earnings per Share (Diluted). This places HDFC Bank in the lower half of its industry. The industry median Earnings per Share (Diluted) is 7.40. HDFC Bank's value of $1.51 is 79.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Banks company?
The median Earnings per Share (Diluted) among Banks companies is 7.40, based on 1,409 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Bank's current Earnings per Share (Diluted) of $1.51 is 79.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on HDFC Bank and its competitors. For the Banks industry, the median Earnings per Share (Diluted) is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Bank's current Earnings per Share (Diluted) is $1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (HDB) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.56, compared to a current price of $23.29 — trading 21.2% below its estimated fair value. The current Earnings per Share (Diluted) is $1.51 and 79.6% below the Banks industry median of 7.40. HDFC Bank's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For HDFC Bank (HDB), the current Earnings per Share (Diluted) is $1.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HDFC Bank (HDB) Overvalued in 2026?
Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued.
The current stock price of $23.29 is trading 21.2% below its estimated GF Value™ of $29.56.
GuruFocus considers HDFC Bank to be Modestly Undervalued.
Key valuation signals for HDB:
Earnings per Share (Diluted): $1.51
GF Value™: $29.56 vs. price of $23.29 (21.2% below fair value)
Industry Position: 79.6% below the Banks median (#977 of 1409)
No single metric tells the full story. See the HDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
62GF Score
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