Key Discussions Among ICICI Bank Investors Today

By Kim Brooks • Wednesday, June 03 10:48 • Permanent Link

ICICI Bank logged a 1.4% change during today's morning session, and is now trading at a price of $25.62 per share. The S&P 500 index moved -0.0%. IBN's trading volume is 1,500,973 compared to the stock's average volume of 7,068,033.

Anyone interested in buying IBN should be aware of the facts below:

ICICI Bank has moved -24.3% over the last year, and the S&P 500 logged a change of 27.4%
Based on its trailing earnings per share of 1.57, ICICI Bank has a trailing 12 month Price to Earnings (P/E) ratio of 16.3 while the S&P 500 average is None
IBN has a forward P/E ratio of 13.4 based on its forward 12 month price to earnings (EPS) of $1.91 per share
The company has a price to earnings growth (PEG) ratio of 0.52 — a number near or below 1 signifying that ICICI Bank is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 2.4 compared to its sector average of None
ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

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.