HDB

HDFC Bank -- The Essentials

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:

  • HDFC Bank's current price is -91.4% below its Graham number of $762.13, which implies the stock has a margin of safety

  • HDFC Bank has moved -6.0% over the last year, and the S&P 500 logged a change of -17.4%

  • 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

  • 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

  • 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

  • Its Price to Book (P/B) ratio is 0.3 compared to its sector average of 1.95

  • HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.

  • Based in Mumbai, the company has 161,027 full time employees and a market cap of $121,573,367,808.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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