ICICI Bank P/B Ratio
ICICIBANK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.63
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
2.63
Current Price
₹1215.80
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
1.29
Sector Median
1.11
Sector Rank
#11 of 40
Sector Percentile
27.5%
Key P/B Ratio Insights for ICICI Bank
- Current PB is 317.5% above historical average
- Trading at premium to sector average PB of 1.29
P/B Ratio Historical Trend for ICICI 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 ICICI Bank
Additional stock information and data for ICICIBANK
Historical P/B Ratio Data
| 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 |
Sector P/B Ratio Comparison
Comparing ICICI Bank with other companies in Banks sector
Sector Average
1.29
Sector Median
1.11
Lowest P/B
0.61
Highest P/B
3.75
Companies
40
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.61 | ₹2,029 | Low |
| ESAF Small Finance Bank | ESAFSFB | 0.66 | ₹1,086 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.67 | ₹1,338 | Low |
| Dhanlaxmi Bank | DHANBANK | 0.67 | ₹828 | Low |
| Karnataka Bank | KTKBANK | 0.71 | ₹8,684 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.72 | ₹1,001 | Low |
| South Indian Bank | SOUTHBANK | 0.83 | ₹9,680 | Low |
| Punjab National Bank | PNB | 0.85 | ₹120,078 | Low |
| Bank of Baroda | BANKBARODA | 0.86 | ₹134,611 | Low |
| Jammu & Kashmir Bank | J&KBANK | 0.87 | ₹13,002 | Low |