HDFC Bank logged a -3.0% change during today's afternoon session, and is now trading at a price of $65.4 per share. The S&P 500 index moved -0.1%. HDB's trading volume is 543,894 compared to the stock's average volume of 1,257,266.
The one analyst following HDFC Bank has given it a rating of strong buy and a target price of $80 per share. Now, the company is currently trading -18.25% away from its target price.
If you are considering an investment in HDB, you'll want to know the following:
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HDFC Bank's current price is -91.4% below its Graham number of $762.13, which implies the stock has a margin of safety
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HDFC Bank has moved -6.0% over the last year, and the S&P 500 logged a change of -17.4%
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Based on its trailing earnings per share of 2.52, HDFC Bank has a trailing 12 month Price to Earnings (P/E) ratio of 26.0 while the S&P 500 average is 15.97
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HDB has a forward P/E ratio of 19.1 based on its forward 12 month price to earnings (EPS) of $3.43 per share
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The company has a price to earnings growth (PEG) ratio of 1.26 — a number near or below 1 signifying that HDFC Bank is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 0.3 compared to its sector average of 1.95
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HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.
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Based in Mumbai, the company has 161,027 full time employees and a market cap of $121,573,367,808.