IDFC First Bank P/B Ratio

IDFCFIRSTB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.1
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.1
Current Price ₹61.19
Book Value/Share ₹52.11
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹38,156 Cr
Share Capital ₹7,322 Cr
Reserves & Surplus ₹30,834 Cr
Outstanding Shares 7,322,000,000
Book Value per Share ₹52.11

Valuation Signal

Signal Fairly Valued
Historical Avg 1.71
Historical Range 1.38 - 2.28
Percentile 0.0%

Sector Context

Sector Average 1.31
Sector Median 1.07
Sector Rank #11 of 40
Sector Percentile 27.5%

Key P/B Ratio Insights for IDFC First Bank

  • Current PB is 35.7% below historical average
  • Trading at discount to sector average PB of 1.31

P/B Ratio Historical Trend for IDFC First 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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 1.64 ₹52.11 ₹85.61 ₹38,156 Moderate
2024 1.38 ₹45.65 ₹63.14 ₹32,274 Moderate
2023 2.28 ₹39.06 ₹88.90 ₹25,848 Moderate
2022 1.73 ₹33.9 ₹58.80 ₹21,082 Moderate
2021 1.53 ₹31.54 ₹48.35 ₹17,900 Moderate

Sector P/B Ratio Comparison

Comparing IDFC First Bank with other companies in Banks sector
Sector Average
1.31
Sector Median
1.07
Lowest P/B
0.62
Highest P/B
3.6
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Utkarsh Small Finance Ba… UTKARSHBNK 0.62 ₹2,086 Low
Suryoday Small Finance B… SURYODAY 0.67 ₹1,338 Low
ESAF Small Finance Bank ESAFSFB 0.7 ₹1,211 Low
Dhanlaxmi Bank DHANBANK 0.71 ₹888 Low
Karnataka Bank KTKBANK 0.72 ₹8,603 Low
Capital Small Finance Ba… CAPITALSFB 0.75 ₹1,085 Low
Bank of Baroda BANKBARODA 0.79 ₹129,057 Low
Bank of India BANKINDIA 0.81 ₹64,630 Low
Central Bank of India CENTRALBK 0.84 ₹30,132 Low
Punjab National Bank PNB 0.85 ₹120,078 Low