IDBI Bank P/E 2024

IDBI Bank P/E

18.29

IDBI Bank Dividend yield

1.19 %

Ticker

IDBI.NS

ISIN

INE008A01015

As of May 15, 2024, IDBI Bank's P/E ratio was 18.29, a 14.03% change from the 16.04 P/E ratio recorded in the previous year.

The IDBI Bank P/E history

IDBI Bank Aktienanalyse

What does IDBI Bank do?

IDBI Bank Ltd is an Indian bank headquartered in Mumbai. It was established in 1964 under the name Industrial Development Bank of India (IDBI) and was originally a development bank established by the government to support industrial sectors that are strategically important for the country's economic growth. In 2004, IDBI Bank was converted into a universal bank and has since been offering a wide range of financial products and services, including deposits, loans, foreign exchange, investment, and insurance products. The bank is divided into various business segments, including retail banking, corporate banking, financial sector, investment banking, and asset management. The retail banking segment offers a wide range of retail financial products, such as savings accounts, credit and debit cards, consumer loans, mortgages, and investment products such as funds, stocks, and bonds. The corporate banking segment offers a wide range of financial products and services to businesses of all sizes, including lending, project financing, trade finance, leasing, and factoring. The financial sector of IDBI Bank includes business areas such as treasury, capital markets, foreign exchange market, and investment portfolio management. The bank also offers a wide range of insurance products, including life insurance and motor insurance. IDBI Bank also has a strong presence in investment banking, offering services such as setting up stock issuances, debt refinancing, mergers and acquisitions, corporate finance advisory, capital instrument structuring, and asset-backed securities. Asset management includes investment funds, cash management solutions, pension funds, collective investment product management, and portfolio management services. IDBI Bank has received several significant awards and recognitions over the years, including the "Best Bank in Corporate Social Responsibility" award at the BFSI Awards 2019. The bank aims to play a leading role in the digital transformation of the Indian banking industry and has significantly expanded its presence in the digital world. As part of its digitization strategy, the bank has developed various mobile applications, online platforms, payment portals, digital lending platforms, and other digital channels to enhance customer experience and strengthen its digital infrastructure. Overall, IDBI Bank Ltd is one of the leading universal banks in India and has earned a good reputation as a provider of high-quality financial products and services in recent years. The bank aims to expand its presence in India and other countries around the world and consolidate its position as a leading bank in corporate social responsibility and as a pioneer in the digital transformation of the Indian banking industry. IDBI Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering IDBI Bank's P/E Ratio

The Price to Earnings (P/E) Ratio of IDBI Bank is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing IDBI Bank's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of IDBI Bank is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in IDBI Bank’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about IDBI Bank Stock

What is the price-to-earnings ratio of IDBI Bank?

The price-earnings ratio of IDBI Bank is currently 18.29.

How has the price-earnings ratio of IDBI Bank changed compared to last year?

The price-to-earnings ratio of IDBI Bank has increased by 14.03% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of IDBI Bank high compared to other companies?

Yes, the price-to-earnings ratio of IDBI Bank is high compared to other companies.

How does an increase in the price-earnings ratio of IDBI Bank affect the company?

An increase in the price-earnings ratio of IDBI Bank would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of IDBI Bank affect the company?

A decrease in the price-earnings ratio of IDBI Bank would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of IDBI Bank?

Some factors that influence the price-earnings ratio of IDBI Bank are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does IDBI Bank pay?

Over the past 12 months, IDBI Bank paid a dividend of 1 INR . This corresponds to a dividend yield of about 1.19 %. For the coming 12 months, IDBI Bank is expected to pay a dividend of 1.05 INR.

What is the dividend yield of IDBI Bank?

The current dividend yield of IDBI Bank is 1.19 %.

When does IDBI Bank pay dividends?

IDBI Bank pays a quarterly dividend. This is distributed in the months of February, July, September, August.

How secure is the dividend of IDBI Bank?

IDBI Bank paid dividends every year for the past 4 years.

What is the dividend of IDBI Bank?

For the upcoming 12 months, dividends amounting to 1.05 INR are expected. This corresponds to a dividend yield of 1.25 %.

In which sector is IDBI Bank located?

IDBI Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von IDBI Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IDBI Bank from 7/14/2023 amounting to 1 INR, you needed to have the stock in your portfolio before the ex-date on 7/6/2023.

When did IDBI Bank pay the last dividend?

The last dividend was paid out on 7/14/2023.

What was the dividend of IDBI Bank in the year 2023?

In the year 2023, IDBI Bank distributed 0 INR as dividends.

In which currency does IDBI Bank pay out the dividend?

The dividends of IDBI Bank are distributed in INR.

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Andere Kennzahlen von IDBI Bank

Our stock analysis for IDBI Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IDBI Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.