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:
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HDFC Bank Limited engages in the provision of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.
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HDFC Bank has moved 5.1% over the last year compared to 34.1% for the S&P 500 -- a difference of -29.0%
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HDB has an average analyst rating of buy and is -14.55% away from its mean target price of $70.58 per share
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Its trailing 12 month earnings per share (EPS) is $3.17
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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
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Its forward earnings per share (EPS) is $2.98 and its forward P/E ratio is 20.2
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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.
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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
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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
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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%