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Axis BankCHIX:AXBL +0.76%75 Shiller PE Ratio is 22.26 as of Aug. 28, 2026, which is 16% below its 10-year median of 26.42. GuruFocus rates CHIX:AXBL with a GF Score™ of 75/100 and a GF Value™ of $68.53 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,239 Banks companies, Axis Bank ranks worse than 83.54% on this metric.
As of today (2026-08-28), Axis Bank's current share price is $65.90. Axis Bank's E10 for the quarter that ended in Jun. 2026 was $2.96. Axis Bank's Shiller PE Ratio for today is 22.26.
The historical rank and industry rank for Axis Bank's Shiller PE Ratio or its related term are showing as below:
CHIX:AXBl'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.06 Med: 26.42 Max: 32.78
Current: 22.27
During the past years, Axis Bank's highest Shiller PE Ratio was 32.78. The lowest was 21.06. And the median was 26.42.
CHIX:AXBl's Shiller PE Ratio is ranked worse than 83.54% of 1239
companies
in the Banks industry
Industry Median: 13.73
vs CHIX:AXBl: 22.27
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Axis Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.285. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.96 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Axis Bank (CHIX:AXBl) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Axis Bank Shiller PE Ratio Related Terms
Axis Bank Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Axis Bank's Shiller 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, Axis Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.
Axis Bank Shiller PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Axis Bank's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Axis Bank's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Axis Bank's Shiller PE Ratio for today is calculated as
* 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.
Axis Bank's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Axis Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Axis Bank (CHIX:AXBL) has a Shiller PE Ratio of 22.26 as of Aug. 28, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Axis Bank and its competitors. This is 16% below median its historical median of 26.42. Over the past decade, Axis Bank's Shiller PE Ratio has ranged from 21.06 to 32.78. According to the industry distribution chart, Axis Bank ranks #1035 out of 1239 companies in the Banks industry, placing it in the top 83.5%.
Is Axis Bank's Shiller PE Ratio too high?
Axis Bank's current Shiller PE Ratio of 22.26 is 16% below median its 10-year median of 26.42. Over the past 10 years, this metric has ranged from a low of 21.06 to a high of 32.78. The Banks industry median Shiller PE Ratio is 13.73. Axis Bank's value of 22.26 is 62.1% above this industry median. Based on the distribution chart, Axis Bank ranks #1035 out of 1239 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Axis Bank has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axis Bank's Shiller PE Ratio compare to competitors?
According to the Banks industry distribution chart, Axis Bank ranks #1035 out of 1239 companies for Shiller PE Ratio. This places Axis Bank in the lower half of its industry. The industry median Shiller PE Ratio is 13.73. Axis Bank's value of 22.26 is 62.1% above this benchmark. Historically, Axis Bank's own Shiller PE Ratio has ranged from 21.06 to 32.78 over the past decade. While the company's 10-year median is 26.42 vs. the industry median of 13.73, Axis 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 Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.73, based on 1,239 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axis Bank's current Shiller PE Ratio of 22.26 is 62.1% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Axis Bank and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axis Bank's current Shiller PE Ratio is 22.26, which is 16% below median its own 10-year median of 26.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Bank stock overvalued right now?
Based on GuruFocus' analysis, Axis Bank (CHIX:AXBL) is currently considered Fairly Valued. The stock's GF Value™ is $68.53, compared to a current price of $65.90 — trading 3.8% below its estimated fair value. The current Shiller PE Ratio is 22.26, which is 16% below median its 10-year median of 26.42 and 62.1% above the Banks industry median of 13.73. Axis Bank's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Axis Bank (CHIX:AXBL), the current Shiller PE Ratio is 22.26 as of Aug. 28, 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 Axis Bank (CHIX:AXBL) Overvalued in 2026?
Based on GuruFocus' analysis, Axis Bank stock appears to be undervalued.
The current stock price of $65.90 is trading 3.8% below its estimated GF Value™ of $68.53.
GuruFocus considers Axis Bank to be Fairly Valued.
Key valuation signals for CHIX:AXBL:
Shiller PE Ratio: 22.26 (16% below median its 10-year median of 26.42)
GF Value™: $68.53 vs. price of $65.90 (3.8% below fair value)
Industry Position: 62.1% above the Banks median (#1035 of 1239)
No single metric tells the full story. See the CHIX:AXBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, Digital Banking and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. It derives maximum revenue from Retail Banking.
75GF Score
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