HDFC BankMEX:HDBN 66 PS Ratio is 4.83 as of Jun. 24, 2026, which is 42% below its 10-year median of 8.34. 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 1,515 Banks companies, HDFC Bank ranks worse than 92.41% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, HDFC Bank's share price is MXN410.00.
HDFC Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was MXN84.88. Hence, HDFC Bank's PS Ratio for today is 4.83.
Good Sign:
HDFC Bank Ltd stock PS Ratio (=6.45) is close to 5-year low of 6.2.
The historical rank and industry rank for HDFC Bank's PS Ratio or its related term are showing as below:
MEX:HDBN'
s PS Ratio Range Over the Past 10 Years
Min: 5.66 Med: 8.34 Max: 11.11
Current: 6.45
During the past 13 years, HDFC Bank's highest PS Ratio was 11.11. The lowest was 5.66. And the median was 8.34.
MEX:HDBN's PS Ratio is ranked worse than 92.41% of 1515
companies
in the Banks industry
Industry Median: 2.99
vs MEX:HDBN: 6.45
HDFC Bank's Revenue per Sharefor the
six
months ended in Mar. 2025 was MXN42.45.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was MXN84.88.
Good Sign:
HDFC Bank Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of HDFC Bank was 6.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 14.50% per year.
During the past 13 years, HDFC Bank's highest 3-Year average Revenue per Share Growth Rate was 106.50% per year. The lowest was 9.40% per year. And the median was 18.10% per year.
Back to Basics: PS Ratio
HDFC Bank (MEX:HDBN) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
HDFC Bank PS Ratio Related Terms
HDFC Bank PS Ratio Historical Data
* Premium members only.
The historical data trend for HDFC Bank's PS 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 PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, HDFC Bank's PS Ratio distribution charts can be found below:
* The bar in red indicates where HDFC Bank's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
HDFC Bank's Share Price of today is MXN410.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HDFC Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was MXN84.88.
* 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:
HDFC Bank (MEX:HDBN) has a PS Ratio of 4.83 as of Jun. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HDFC Bank and its competitors. This is 42% below median its historical median of 8.34. Over the past decade, HDFC Bank's PS Ratio has ranged from 5.66 to 11.11. According to the industry distribution chart, HDFC Bank ranks #1400 out of 1515 companies in the Banks industry, placing it in the top 92.4%.
Is HDFC Bank's PS Ratio too high?
HDFC Bank's current PS Ratio of 4.83 is 42% below median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 11.11. The Banks industry median PS Ratio is 2.99. HDFC Bank's value of 4.83 is 61.5% above this industry median. Based on the distribution chart, HDFC Bank ranks #1400 out of 1515 companies in the Banks industry, which is in the bottom quartile 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 PS Ratio compare to PNC?
According to the Banks industry distribution chart, HDFC Bank ranks #1400 out of 1515 companies for PS Ratio. This places HDFC Bank in the lower half of its industry. The industry median PS Ratio is 2.99. HDFC Bank's value of 4.83 is 61.5% above this benchmark. Historically, HDFC Bank's own PS Ratio has ranged from 5.66 to 11.11 over the past decade. While the company's 10-year median is 8.34 vs. the industry median of 2.99, 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 PS Ratio for a Banks company?
The median PS Ratio among Banks companies is 2.99, based on 1,515 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Bank's current PS Ratio of 4.83 is 61.5% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HDFC Bank and its competitors. For the Banks industry, the median PS Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Bank's current PS Ratio is 4.83, which is 42% below median its own 10-year median of 8.34. 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 PS Ratio is 4.83, which is 42% below median its 10-year median of 8.34 and 61.5% above the Banks industry median of 2.99. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For HDFC Bank (MEX:HDBN), the current PS Ratio is 4.83 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:
PS Ratio: 4.83 (42% below median its 10-year median of 8.34)
GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
Industry Position: 61.5% above the Banks median (#1400 of 1515)
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
Get the complete analysis for MEX:HDBN
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:HDBN has been successfully added to your 
