ICICI Bank P/B Ratio
ICICI Bank (ICICIBANK) P/B ratio is 2.51 (Moderate), book value per share ₹2306.97 vs Banks average P/B of 1.34 — High - Premium to book value, growth expectations or asset-light model. View ICICIBANK price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
ICICIBANK P/B Ratio — Valuation Insights & Book Value Analysis
ICICI Bank price-to-book ratio interpretation, valuation status and historical context — current P/B 2.51 (Moderate). For live price, earnings yield and the full fundamental profile, see ICICIBANK share price screener.
- Current PB is 298.4% above historical average
- Trading at premium to sector average PB of 1.34
ICICI Bank P/B Ratio Historical Trend
ICICIBANK annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Compare with ICICIBANK fair price to assess whether the stock is under or overvalued.
ICICIBANK Historical P/B Ratio — Book Value Per Share & Year-End Price
ICICI Bank annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.58 | ₹2306.97 | ₹1342.90 | ₹328,743 | Low |
| 2024 | 0.67 | ₹1921.94 | ₹1281.65 | ₹270,032 | Low |
| 2023 | 0.63 | ₹1583.29 | ₹996.60 | ₹221,185 | Low |
| 2022 | 0.66 | ₹1352.76 | ₹890.85 | ₹188,033 | Low |
| 2021 | 0.61 | ₹1208.79 | ₹740.15 | ₹167,176 | Low |
ICICIBANK vs Banks Peers — P/B Ratio Comparison
ICICI Bank P/B 2.51 vs Banks average 1.34, median 1.26 — range 0.77–3.81.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Karnataka Bank | KTKBANK | 0.77 | ₹9,307 | Low |
| Bank of India | BANKINDIA | 0.8 | ₹64,766 | Low |
| Bank of Baroda | BANKBARODA | 0.83 | ₹135,179 | Low |
| Punjab National Bank | PNB | 0.85 | ₹117,285 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.86 | ₹1,258 | Low |
| ESAF Small Finance Bank | ESAFSFB | 0.87 | ₹1,506 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.88 | ₹1,779 | Low |
| South Indian Bank | SOUTHBANK | 0.88 | ₹10,164 | Low |
| Central Bank of India | CENTRALBK | 0.89 | ₹30,911 | Low |
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.9 | ₹2,401 | Low |