HDFC BankMEX:HDBN 66 Pretax Margin % is 46.42% as of Mar. 2025, which is 3% below its 10-year median of 47.64. GuruFocus rates MEX:HDBN with a GF Score™ of 66/100 and a GF Value™ of MXN501.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,527 Banks companies, HDFC Bank ranks better than 77.8% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HDFC Bank's Pre-Tax Income for the
six
months ended in Mar. 2025 was MXN100,864 Mil. HDFC Bank's Revenue for the
six
months ended in Mar. 2025 was MXN217,280 Mil. Therefore, HDFC Bank's pretax margin for the quarter that ended in Mar. 2025 was 46.42%.
The historical rank and industry rank for HDFC Bank's Pretax Margin % or its related term are showing as below:
MEX:HDBN'
s Pretax Margin % Range Over the Past 10 Years
Min: 43.95 Med: 47.64 Max: 54.95
Current: 46.86
MEX:HDBN's Pretax Margin % is ranked better than 77.8% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs MEX:HDBN: 46.86
HDFC Bank (MEX:HDBN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
HDFC Bank Pretax Margin % Related Terms
HDFC Bank Pretax Margin % Historical Data
* Premium members only.
The historical data trend for HDFC Bank's Pretax Margin % 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 Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, HDFC Bank's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where HDFC Bank's Pretax Margin % falls into.
* 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.
HDFC Bank (MEX:HDBN) has a Pretax Margin % of 46.42% as of Mar. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HDFC Bank and its competitors. This is near median its historical median of 47.64. Over the past decade, HDFC Bank's Pretax Margin % has ranged from 43.95 to 54.95. According to the industry distribution chart, HDFC Bank ranks #339 out of 1527 companies in the Banks industry, placing it in the top 22.2%.
Is HDFC Bank's Pretax Margin % too high?
HDFC Bank's current Pretax Margin % of 46.42% is near median its 10-year median of 47.64. Over the past 10 years, this metric has ranged from a low of 43.95 to a high of 54.95. The Banks industry median Pretax Margin % is 34.88. HDFC Bank's value of 46.42% is 33.1% above this industry median. Based on the distribution chart, HDFC Bank ranks #339 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to PNC?
According to the Banks industry distribution chart, HDFC Bank ranks #339 out of 1527 companies for Pretax Margin %. This places HDFC Bank in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 34.88. HDFC Bank's value of 46.42% is 33.1% above this benchmark. Historically, HDFC Bank's own Pretax Margin % has ranged from 43.95 to 54.95 over the past decade. While the company's 10-year median is 47.64 vs. the industry median of 34.88, HDFC Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.88, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Bank's current Pretax Margin % of 46.42% is 33.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HDFC Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Bank's current Pretax Margin % is 46.42%, which is near median its own 10-year median of 47.64. 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 Pretax Margin % is 46.42%, which is near median its 10-year median of 47.64 and 33.1% above the Banks industry median of 34.88. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For HDFC Bank (MEX:HDBN), the current Pretax Margin % is 46.42% as of Mar. 2025. 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:
Pretax Margin %: 46.42% (near median its 10-year median of 47.64)
GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
Industry Position: 33.1% above the Banks median (#339 of 1527)
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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