Axis Bank P/B Ratio

AXISBANK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.03
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.03
Current Price ₹1295.50
Book Value/Share ₹3030.18
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹187,871 Cr
Share Capital ₹620 Cr
Reserves & Surplus ₹185,433 Cr
Outstanding Shares 620,000,000
Book Value per Share ₹3030.18

Valuation Signal

Signal Fairly Valued
Historical Avg 0.45
Historical Range 0.4 - 0.52
Percentile 100.0%

Sector Context

Sector Average 1.52
Sector Median 1.3
Sector Rank #11 of 40
Sector Percentile 27.5%

Key P/B Ratio Insights for Axis Bank

  • Current PB is 353.1% above historical average
  • Trading at premium to sector average PB of 1.52

View the current stock price of Axis Bank for more insights.

P/B Ratio Historical Trend for Axis Bank

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.42 ₹3030.18 ₹1269.40 ₹187,871 Low
2024 0.42 ₹2553.05 ₹1064.70 ₹157,523 Low
2023 0.52 ₹2116.67 ₹1102.30 ₹130,175 Low
2022 0.48 ₹1930.33 ₹933.75 ₹118,522 Low
2021 0.4 ₹1692.79 ₹678.55 ₹103,768 Low

Sector P/B Ratio Comparison

Comparing Axis Bank with other companies in Banks sector
Sector Average
1.52
Sector Median
1.3
Lowest P/B
0.63
Highest P/B
4.18
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.63 ₹7,619 Low
Suryoday Small Finance B… SURYODAY 0.77 ₹1,528 Low
ESAF Small Finance Bank ESAFSFB 0.78 ₹1,362 Low
Jammu & Kashmir Bank J&KBANK 0.79 ₹10,930 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.83 ₹2,710 Low
Dhanlaxmi Bank DHANBANK 0.83 ₹1,040 Low
Tamilnad Mercantile Bank TMB 0.86 ₹8,209 Low
Capital Small Finance Ba… CAPITALSFB 0.87 ₹1,224 Low
Bank of India BANKINDIA 0.87 ₹66,920 Low
South Indian Bank SOUTHBANK 0.92 ₹9,855 Low