Companies: 10,795·Total market cap: $144.5T
HDFC Bank Limited

HDFC Bank Limited

HDBNYSEFinancial Services● Active
$23.15
$-0.27(-1.13%)
Market Cap$118.7B
P/E Ratio
52W High$39.805
52W Low$23.249

HDFC Bank Limited (HDB) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

hdb · pe ratio · data through Mar 31, 2026

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for HDFC Bank Limited (HDB) measures how much investors pay for each dollar of the company's trailing earnings. HDB's current PE ratio of 14.96x is calculated by dividing its stock price of $23.14 by its TTM earnings per share of $49.39. −14.4% discount vs 5Y avg 17.5x

14.96x
P/E Ratio (TTM)14.4%

Source: FMP · /ratios-ttm · /analyst-estimates · 2026-03-31

Forward P/E
0.14x
FY2027 est. EPS $161.45
Based on 2 analysts
EPS (TTM)
$49.39
TTM · diluted EPS
PEG Ratio
2.25
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · HDFC Bank Limited SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2007 – 2026 · Annual
PE Ratio (TTM)
5Y Avg 17.5x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
21.2x
20-yr mean
Median
20.6x
20-yr midpoint
Minimum
5.0x
Lowest year
Maximum
32.8x
Highest year
15.0x ← Now
5.0x
Min
Q1 · 25%20.6x
Median
Q3 · 75%32.8x
Max
Within Historical Range

At 14.96x, HDB's current P/E is within its average historical range over the past 20 fiscal years.

30th percentileHigher than 6 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Regional · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
HDFC Bank Limited
HDFC Bank LimitedYou
HDB
$118.7B14.96x+19.2%$49.39
Aflac Incorporated
Aflac Incorporated
AFL
$59.1B16.03x+27.7%$6.88
Deutsche Bank AG
Deutsche Bank AG
DB
$60.5B9.25x-26.3%$3.55
Itaú Unibanco Holding S.A.
Itaú Unibanco Holding S.A.
ITUB
$82.1B9.68x-22.8%$4.05
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$835.8B15.75x+25.5%$20.46
Lloyds Banking Group plc
Lloyds Banking Group plc
LYG
$78.0B12.62x+0.6%$0.31
Sumitomo Mitsui Financial Group, Inc.
Sumitomo Mitsui Financial Group, Inc.
SMFG
$89.1B11.96x-4.7%$262.09
Industry Average
6 peers with valid PE
12.55xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2026-03-31Latest
FY2026
4.96x$468.77-77.0%
2025-03-31
FY2025
21.55x$131.85+20.7%
2024-03-31
FY2024
17.86x$131.23-13.3%
2023-03-31
FY2023
20.60x$132.92-8.2%
2022-03-31
FY2022
22.45x$103.94-30.4%
2021-03-31
FY2021
32.25x$88.49+56.2%
2020-03-31
FY2020
20.64x$70.85-37.1%
2019-03-31
FY2019
32.84x$60.98+4.5%
2018-03-31
FY2018
31.41x$51.18+5.2%
2017-03-31
FY2017
29.85x$40.88+1.2%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for HDFC Bank Limited (HDB) measures how much investors pay for each dollar of the company's trailing earnings. HDB's current PE ratio of 14.96x is calculated by dividing its stock price of $23.14 by its TTM earnings per share of $49.39.

PE Ratio = Stock Price ÷ EPS (TTM)
= $23.14 ÷ $49.39 = 14.96x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

HDB pe ratio · 6 questions

HDB's current PE ratio is 14.96x as of 2026-06-08, based on a stock price of $23.14 and TTM EPS of $49.39. Data sourced from Financial Modeling Prep via HDB's SEC 10-K and 10-Q filings.

HDB PE ratioWhat is HDB PE ratioCurrent PE ratio of HDBHDB PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · HDFC Bank Limited SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08