Is HDFC Bank share overvalued?
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Price to Book Ratio PB vs Industry: HDFCBANK is overvalued based on its PB Ratio (3.6x) compared to the IN Banks industry average (1x).
What is the current PE ratio of HDFC Bank?
PE Ratio Range, Past 5 Years
| Minimum | 15.16 | Mar 23 2020 |
|---|---|---|
| Maximum | 38.91 | Sep 19 2017 |
| Average | 31.15 |
What is the target price for HDFC Bank share?
with a target price of Rs 2104. The current market price of HDFC Bank is Rs 1503.6. HDFC Bank Ltd., incorporated in the year 1994, is a banking company (with a market cap of Rs 822339.29 Crore). HDFC Bank Ltd.
Is investing in HDFC Bank Safe?
Experts suggest that HDFC Bank is a safe stock and under-allocation to it can lead to risk of under-performance in the short term. “For many it is a cyclical choice now. One wants to be comfortable in this market, which means owning stocks which are favourable today.
What is CAGR of Icici Bank?
Company has a low return on equity of 7.83\% for last 3 years….Profit & Loss.
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12\% |
| 5 Years: | 8\% |
| 3 Years: |
Is HDFC share going to split?
HDFC Bank announces stock split in 1:5 ratio Private sector lender, HDFC Bank, on Monday announced a stock split in the 1:5 ratio aimed at attracting more retail investors into its owner base.
Is Icici Bank a good buy?
ICICI Bank remains our top pick in the sector. Back to back strong earnings over the last four quarters give us the confidence that strong traction in loans, NIM, fees is sustainable. We increase earnings by 11-13\% and revise our target multiple to 3x from 2.8x. Our new target price is Rs 1,000.
The main reason behind the company’s stock market rally today was the strong second quarter result, led by strong loan growth. The private lender’s net income during the quarter also jumped to Rs 5,510 crore. Meanwhile, the domestic loan portfolio grew by over 19 per cent year-on-year.
Who is the owner of Icici Bank?
Sandeep Bakhshi
ICICI Bank
| ICICI Bank Corporate Office in Bandra Kurla Complex, Mumbai | |
|---|---|
| Headquarters | Vadodara, Gujarat , (Registered Office) Bandra Kurla Complex, Mumbai (Corporate Office) |
| Number of locations | 5,275 (2020) |
| Area served | Worldwide |
| Key people | Girish Chandra Chaturvedi (Chairperson) Sandeep Bakhshi (MD & CEO) |