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IndusInd Bank (LUX:IDUSB) 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 .
IndusInd Bank Forward PE Ratio Related Terms
IndusInd Bank Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for IndusInd 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.
IndusInd Bank Forward PE Ratio Chart
IndusInd Bank Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
17.76
23.47
22.88
19.88
5.57
12.05
10.86
9.12
10.95
13.88
31.05
IndusInd Bank Quarterly Data
2015-12
2016-03
2017-03
2017-06
2017-09
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
2022-06
2022-09
2022-12
2023-03
2023-06
2024-03
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
22.17
17.76
23.47
24.75
28.09
22.88
25.97
22.08
15.87
19.88
15.77
15.77
12.33
5.57
11.45
9.95
12.02
12.05
12.38
16.58
9.19
10.86
9.27
12.24
10.17
9.12
11.78
10.95
10.67
11.72
13.88
21.97
31.44
28.43
31.05
IndusInd Bank Forward PE Ratio Competitor Comparison
For the Banks - Regional subindustry, IndusInd 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.
IndusInd Bank Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, IndusInd Bank's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where IndusInd Bank's Forward PE Ratio falls into.
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.
IndusInd Bank (LUX:IDUSB) has a Forward PE Ratio of 33.33 as of Jul. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on IndusInd Bank and its competitors. According to the industry distribution chart, IndusInd Bank ranks #790 out of 819 companies in the Banks industry, placing it in the top 96.5%.
Is IndusInd Bank's Forward PE Ratio too high?
IndusInd Bank's current Forward PE Ratio is 33.33. The Banks industry median Forward PE Ratio is 11.32. IndusInd Bank's value of 33.33 is 194.4% above this industry median. Based on the distribution chart, IndusInd Bank ranks #790 out of 819 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, IndusInd Bank has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does IndusInd Bank's Forward PE Ratio compare to competitors?
According to the Banks industry distribution chart, IndusInd Bank ranks #790 out of 819 companies for Forward PE Ratio. This places IndusInd Bank in the lower half of its industry. The industry median Forward PE Ratio is 11.32. IndusInd Bank's value of 33.33 is 194.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Banks company?
The median Forward PE Ratio among Banks companies is 11.32, based on 819 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IndusInd Bank's current Forward PE Ratio of 33.33 is 194.4% above 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on IndusInd Bank and its competitors. For the Banks industry, the median Forward PE Ratio is 11.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndusInd Bank's current Forward PE Ratio is 33.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndusInd Bank stock overvalued right now?
IndusInd Bank (LUX:IDUSB) has a current Forward PE Ratio of 33.33. The stock's GF Value™ is $17.65, compared to a current price of $17.20 — trading 2.5% below its estimated fair value. The current Forward PE Ratio is 33.33 and 194.4% above the Banks industry median of 11.32. IndusInd Bank's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For IndusInd Bank (LUX:IDUSB), the current Forward PE Ratio is 33.33 as of Jul. 17, 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 IndusInd Bank (LUX:IDUSB) Overvalued in 2026?
Based on GuruFocus' analysis, IndusInd Bank stock appears to be undervalued.
The current stock price of $17.20 is trading 2.5% below its estimated GF Value™ of $17.65.
Key valuation signals for LUX:IDUSB:
Forward PE Ratio: 33.33
GF Value™: $17.65 vs. price of $17.20 (2.5% below fair value)
Industry Position: 194.4% above the Banks median (#790 of 819)
No single metric tells the full story. See the LUX:IDUSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates the majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology.
74GF Score
Get the complete analysis for LUX:IDUSB
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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