ICICI Bank Intrinsic Value
ICICI Bank (ICICIBANK) median intrinsic value is ₹2069.12 from 9 valuation models (range ₹528–₹3582), vs current price ₹1432.90 — +44.4% upside (Trading Below Calculated Value), margin of safety 30.7%. Read ICICIBANK dividend payout details for the complete payout history and dividend yield track record.
ICICIBANK Valuation Methods Summary — DCF, Graham Number & P/E
ICICI Bank intrinsic value across 9 models vs current price ₹1432.90 — upside/downside and value range per method. Analyse ICICI Bank shareholding analysis to track promoter, FII and institutional holdings.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹989.76 | ₹791.81 - ₹1187.71 | -30.9% | EPS: ₹82.48, Sector P/E: 12x |
| Book Value Method | asset | ₹1845.57 | ₹1661.01 - ₹2030.13 | +28.8% | Book Value/Share: ₹2306.97, P/B: 0.8x |
| Revenue Multiple Method | revenue | ₹2375.13 | ₹2137.62 - ₹2612.64 | +65.8% | Revenue/Share: ₹2375.13, P/S: 1.0x |
| EBITDA Multiple Method | earnings | ₹2865.80 | ₹2579.22 - ₹3152.38 | +100.0% | EBITDA: ₹82976.00Cr, EV/EBITDA: 5x |
| Simple DCF (5Y) | dcf | ₹3582.25 | ₹2865.80 - ₹4298.70 | +150.0% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹527.87 | ₹475.08 - ₹580.66 | -63.2% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹679.64 | ₹611.68 - ₹747.60 | -52.6% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹2865.80 | ₹2579.22 - ₹3152.38 | +100.0% | ROE: 19.1%, P/E Multiple: 14x |
| Graham Defensive Method | conservative | ₹2069.12 | ₹1862.21 - ₹2276.03 | +44.4% | EPS: ₹82.48, BVPS: ₹2306.97 |
ICICIBANK Intrinsic Value vs Market Price — All Valuation Models
ICICI Bank fair value range ₹528–₹3582 vs current market price ₹1432.90 across 9 valuation models. For current market price and key ratios, visit ICICIBANK screener.
ICICIBANK Intrinsic Value Analysis — Undervalued or Overvalued?
ICICI Bank median intrinsic value ₹2069.12, current price ₹1432.90 — Trading Below Calculated Value by 44.4%, margin of safety 30.7%.
What is the intrinsic value of ICICIBANK?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of ICICI Bank (ICICIBANK) is ₹2069.12 (median value). With the current market price of ₹1432.90, this represents a +44.4% variance from our estimated fair value.
The valuation range spans from ₹527.87 to ₹3582.25, indicating ₹527.87 - ₹3582.25.
Is ICICIBANK undervalued or overvalued?
Based on our multi-method analysis, ICICI Bank (ICICIBANK) appears to be trading below calculated value by approximately 44.4%.
ICICIBANK Financial Health — Key Ratios vs Industry Benchmarks
ICICI Bank financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 0.14 | Industry Standard: 2.0+ | Below 1.5 | Measures short-term liquidity capacity |
| Return on Equity | 19.1% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 16.0% | Industry Standard: 20%+ | Above 10% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.13x | Industry Standard: 1.0x+ | Below 0.5x | Measures asset utilization efficiency |
ICICIBANK Cash Flow Quality — Operating & Free Cash Flow
ICICI Bank operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2025 | ₹122,805 Cr | ₹84,235 Cr | Positive Free Cash Flow | 8/10 |
| March 2024 | ₹157,284 Cr | ₹84,916 Cr | Positive Free Cash Flow | 8/10 |
| March 2023 | ₹-3,771 Cr | ₹-37,616 Cr | Negative Cash Flow | 3/10 |
| March 2022 | ₹58,111 Cr | ₹38,108 Cr | Positive Free Cash Flow | 8/10 |
| March 2021 | ₹138,015 Cr | ₹106,200 Cr | Positive Free Cash Flow | 8/10 |