ICICI Bank P/B Ratio

Current P/B Ratio
2.51
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

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

P/B Ratio 2.51
Current Price ₹1264.30
Book Value/Share ₹2306.97
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹328,743 Cr
Share Capital ₹1,425 Cr
Reserves & Surplus ₹312,481 Cr
Outstanding Shares 1,425,000,000
Book Value per Share ₹2306.97

Valuation Signal

Signal Overvalued
Historical Avg 0.63
Historical Range 0.58 - 0.67
Percentile 100.0%

Sector Context

Sector Average 1.34
Sector Median 1.26
Sector Rank #11 of 40
Sector Percentile 27.5%

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.

Sector Average
1.34
Sector Median
1.26
Lowest P/B
0.77
Highest P/B
3.81
Companies
40
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