HDB

Analyzing HDFC Bank (HDB) Stock Performance

We're taking a closer look at HDFC Bank today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -3.2% compared to -0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:

  • HDFC Bank Limited engages in the provision of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.

  • HDFC Bank has moved 5.1% over the last year compared to 34.1% for the S&P 500 -- a difference of -29.0%

  • HDB has an average analyst rating of buy and is -14.55% away from its mean target price of $70.58 per share

  • Its trailing 12 month earnings per share (EPS) is $3.17

  • HDFC Bank has a trailing 12 month Price to Earnings (P/E) ratio of 19.0 while the S&P 500 average is 29.3

  • Its forward earnings per share (EPS) is $2.98 and its forward P/E ratio is 20.2

  • HDB has a Price to Earnings Growth (PEG) ratio of 2.3, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.

  • The company has a Price to Book (P/B) ratio of 0.1 in contrast to the S&P 500's average ratio of 4.74

  • HDFC Bank is part of the Finance sector, which has an average P/E ratio of 20.04 and an average P/B of 1.86

  • HDFC Bank has on average reported free cash flows of $6.83 Billion over the last four years, during which time they have grown by an an average of 39.2%

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.

IN FOCUS