IDFC First Bank P/B Ratio

IDFCFIRSTB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.39
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.39
Current Price ₹86.07
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 20.0%

Sector Context

Sector Average 1.53
Sector Median 1.3
Sector Rank #11 of 40
Sector Percentile 27.5%

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
1.53
Sector Median
1.3
Lowest P/B
0.63
Highest P/B
4.18
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.63 ₹7,619 Low
Suryoday Small Finance B… SURYODAY 0.77 ₹1,528 Low
ESAF Small Finance Bank ESAFSFB 0.78 ₹1,362 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.83 ₹2,710 Low
Dhanlaxmi Bank DHANBANK 0.83 ₹1,040 Low
Jammu & Kashmir Bank J&KBANK 0.84 ₹11,472 Low
Capital Small Finance Ba… CAPITALSFB 0.87 ₹1,224 Low
Bank of India BANKINDIA 0.87 ₹66,920 Low
South Indian Bank SOUTHBANK 0.92 ₹9,855 Low
Tamilnad Mercantile Bank TMB 0.93 ₹8,872 Low