GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IndusInd Bank Ltd (NSE:INDUSINDBK) » Definitions » Forward PE Ratio

IndusInd Bank (NSE:INDUSINDBK) Forward PE Ratio : 10.21 (As of May. 24, 2024)


View and export this data going back to 1998. Start your Free Trial

What is IndusInd Bank Forward PE Ratio?

IndusInd Bank's Forward PE Ratio for today is 10.21.

IndusInd Bank's PE Ratio without NRI for today is 12.50.

IndusInd Bank's PE Ratio for today is 12.50.


IndusInd Bank Forward PE Ratio Historical Data

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.

* Premium members only.

IndusInd Bank Forward PE Ratio Chart

IndusInd Bank Annual Data
Trend 2015-12 2016-03 2017-11 2018-12 2019-12 2020-12 2021-12 2022-12 2023-08 2024-05
Forward PE Ratio
22.17 17.70 27.93 16.03 12.29 11.27 9.20 10.12 11.72 10.27

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
Forward PE Ratio 22.17 17.70 23.81 24.63 28.01 22.94 25.51 22.03 16.03 19.42 15.72 15.60 12.29 5.44 11.42 9.95 11.27 12.06 12.41 16.50 9.20 10.88 9.29 12.20 10.12 9.12 11.75 10.99

Competitive Comparison of IndusInd Bank's Forward PE Ratio

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's Forward PE Ratio Distribution in the 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.



IndusInd 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.


IndusInd Bank  (NSE:INDUSINDBK) 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

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


IndusInd Bank (NSE:INDUSINDBK) Business Description

Traded in Other Exchanges
Address
841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013
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, global markets, 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 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. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (NSE:INDUSINDBK) Headlines

No Headlines