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IndusInd Bank (NSE:INDUSINDBK) PB Ratio

: 1.97 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-02-20), IndusInd Bank's share price is ₹1483.60. IndusInd Bank's Book Value per Share for the quarter that ended in Dec. 2023 was ₹751.48. Hence, IndusInd Bank's PB Ratio of today is 1.97.

The historical rank and industry rank for IndusInd Bank's PB Ratio or its related term are showing as below:

NSE:INDUSINDBK' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.98   Max: 4.95
Current: 1.98

During the past 13 years, IndusInd Bank's highest PB Ratio was 4.95. The lowest was 0.57. And the median was 2.98.

NSE:INDUSINDBK's PB Ratio is ranked worse than
89.26% of 1462 companies
in the Banks industry
Industry Median: 0.89 vs NSE:INDUSINDBK: 1.98

During the past 12 months, IndusInd Bank's average Book Value Per Share Growth Rate was 14.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IndusInd Bank was 35.70% per year. The lowest was 9.20% per year. And the median was 23.20% per year.

Back to Basics: PB Ratio


IndusInd Bank PB Ratio Historical Data

The historical data trend for IndusInd Bank's PB 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 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.55 0.64 1.57 1.43 1.47

IndusInd Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB 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 - 1.47 - 1.90 -

Competitive Comparison

For the Banks - Regional subindustry, IndusInd Bank's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution

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

* The bar in red indicates where IndusInd Bank's PB Ratio falls into.



IndusInd Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

IndusInd Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1483.60/751.478
=1.97

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


IndusInd Bank  (NSE:INDUSINDBK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


IndusInd Bank PB Ratio Related Terms

Thank you for viewing the detailed overview of IndusInd Bank's PB 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

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