The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-24), HDFC Bank's share price is MXN410.00.
HDFC Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was MXN31.43. Therefore, HDFC Bank's PE Ratio for today is 13.04.
Good Sign:
HDFC Bank Ltd stock PE Ratio (=17.29) is close to 10-year low of 15.83.
During the past 13 years, HDFC Bank's highest PE Ratio was 36.19. The lowest was 15.83. And the median was 24.31.
HDFC Bank's EPS (Diluted) for the
six
months ended in Mar. 2025 was MXN16.07.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was MXN31.43.
As of today (2026-06-24), HDFC Bank's share price is MXN410.00.
HDFC Bank's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2025 was MXN31.43. Therefore, HDFC Bank's PE Ratio without NRI ratio for today is 13.04.
During the past 13 years, HDFC Bank's highestPE Ratio without NRI was 36.19. The lowest was 15.83. And the median was 24.31.
HDFC Bank's EPS without NRI for the
six
months ended in Mar. 2025 was MXN16.07.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2025 was MXN31.43.
During the past 12 months, HDFC Bank's average EPS without NRIGrowth Rate was 1.50% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 8.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 14.20% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 17.90% 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 7.80% per year. And the median was 21.10% per year.
HDFC Bank's EPS (Basic) for the
six
months ended in Mar. 2025 was MXN16.15.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2025 was MXN31.83.
Back to Basics: PE Ratio
HDFC Bank (MEX:HDBN) PE Ratio Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
PE Ratio can also be affected by non-recurring-items 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.
HDFC Bank PE Ratio Related Terms
HDFC Bank PE Ratio Historical Data
* Premium members only.
The historical data trend for HDFC Bank's 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.
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.
The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
HDFC Bank's Share Price of today is MXN410.00.
For company reported semi-annually, HDFC Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MXN31.43.
* 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:
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
HDFC Bank (MEX:HDBN) has a PE Ratio of 13.04 as of Jun. 24, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on HDFC Bank and its competitors. This is 46% below median its historical median of 24.31. Over the past decade, HDFC Bank's PE Ratio has ranged from 15.83 to 36.19.
Is HDFC Bank's PE Ratio too high?
HDFC Bank's current PE Ratio of 13.04 is 46% below median its 10-year median of 24.31. Over the past 10 years, this metric has ranged from a low of 15.83 to a high of 36.19. Overall, HDFC Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's PE Ratio compare to PNC?
HDFC Bank's PE Ratio of 13.04 can be compared against companies in the Banks industry. Historically, HDFC Bank's own PE Ratio has ranged from 15.83 to 36.19 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Banks company?
A good PE Ratio depends on the Banks industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on HDFC Bank and its competitors. HDFC Bank's current PE Ratio is 13.04, which is 46% below median its own 10-year median of 24.31. 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 (MEX:HDBN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN501.84, compared to a current price of MXN410.00 — trading 18.3% below its estimated fair value. The current PE Ratio is 13.04, which is 46% below median its 10-year median of 24.31. HDFC Bank's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For HDFC Bank (MEX:HDBN), the current PE Ratio is 13.04 as of Jun. 24, 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 (MEX:HDBN) Overvalued in 2026?
Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued.
The current stock price of MXN410.00 is trading 18.3% below its estimated GF Value™ of MXN501.84.
GuruFocus considers HDFC Bank to be Modestly Undervalued.
Key valuation signals for MEX:HDBN:
PE Ratio: 13.04 (46% below median its 10-year median of 24.31)
GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
No single metric tells the full story. See the MEX:HDBN 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.
66GF Score
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PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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