HDFC Bank P/B Ratio
HDFCBANK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.83
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
2.83
Current Price
₹962.20
Book Value/Share
₹7034.61
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹538,148 Cr
Share Capital
₹765 Cr
Reserves & Surplus
₹521,024 Cr
Outstanding Shares
765,000,000
Book Value per Share
₹7034.61
Valuation Signal
Signal
Overvalued
Historical Avg
0.16
Historical Range
0.14 - 0.19
Percentile
100.0%
Sector Context
Sector Average
1.45
Sector Median
1.29
Sector Rank
#11 of 40
Sector Percentile
27.5%
Key P/B Ratio Insights for HDFC Bank
- Current PB is 1646.9% above historical average
- Trading at premium to sector average PB of 1.45
View the current stock price of HDFC Bank for more insights.
P/B Ratio Historical Trend for HDFC 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.
Related Pages for HDFC Bank
Additional stock information and data for HDFCBANK
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.14 | ₹7034.61 | ₹991.20 | ₹538,148 | Low |
| 2024 | 0.14 | ₹6181.3 | ₹886.40 | ₹469,779 | Low |
| 2023 | 0.16 | ₹5202.47 | ₹854.60 | ₹290,298 | Low |
| 2022 | 0.18 | ₹4469.32 | ₹814.10 | ₹248,047 | Low |
| 2021 | 0.19 | ₹3819.29 | ₹739.70 | ₹210,443 | Low |
Sector P/B Ratio Comparison
Comparing HDFC Bank with other companies in Banks sector
Sector Average
1.45
Sector Median
1.29
Lowest P/B
0.64
Highest P/B
4.09
Companies
40
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Karnataka Bank | KTKBANK | 0.64 | ₹7,846 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.75 | ₹1,505 | Low |
| Dhanlaxmi Bank | DHANBANK | 0.78 | ₹979 | Low |
| ESAF Small Finance Bank | ESAFSFB | 0.79 | ₹1,394 | Low |
| Jammu & Kashmir Bank | J&KBANK | 0.79 | ₹10,930 | Low |
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.79 | ₹2,582 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.85 | ₹1,182 | Low |
| Tamilnad Mercantile Bank | TMB | 0.86 | ₹8,209 | Low |
| Bank of India | BANKINDIA | 0.87 | ₹66,920 | Low |
| South Indian Bank | SOUTHBANK | 0.92 | ₹9,855 | Low |