ICICI Bank P/B Ratio

Current P/B Ratio
2.9
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

ICICI Bank (ICICIBANK) P/B ratio is 2.9 (Moderate), book value per share ₹2306.97 vs Banks average P/B of 1.44 — 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 2.9
Current Price ₹1432.90
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 1.44
Sector Median 1.34
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 2.9 (Moderate). Review ICICI Bank price earnings to evaluate earnings-based valuation against sector peers.

  • Current PB is 360.3% above historical average
  • Trading at premium to sector average PB of 1.44

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. For live price, earnings yield and the full fundamental profile, see ICICIBANK share price screener.

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 2.9 vs Banks average 1.44, median 1.34 — range 0.77–3.77.

Sector Average
1.44
Sector Median
1.34
Lowest P/B
0.77
Highest P/B
3.77
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Bank of Baroda BANKBARODA 0.77 ₹131,792 Low
Central Bank of India CENTRALBK 0.78 ₹28,964 Low
Bank of India BANKINDIA 0.8 ₹66,901 Low
Karnataka Bank KTKBANK 0.81 ₹10,410 Low
Punjab National Bank PNB 0.87 ₹128,445 Low
Suryoday Small Finance B… SURYODAY 0.94 ₹2,024 Low
Capital Small Finance Ba… CAPITALSFB 0.95 ₹1,365 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.96 ₹2,653 Low
Union Bank of India UNIONBANK 0.97 ₹134,298 Low
DCB Bank DCBBANK 0.98 ₹6,115 Low