Axis Bank (AXISBANK.NS) Price/Book Ratio
Market Cap: $3.69T
Avg Volume: 7.38M
Industry: Banks - Regional
Sector: Financial Services
What is Axis Bank's Price/Book Ratio?
- Axis Bank's trailing twelve month (TTM) Price/Book ratio is 2.05.
- Axis Bank's annual Price/Book ratio as of today is 2.07.
- Axis Bank's quarterly Price/Book ratio is 1.84.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess Axis Bank's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 12.30
- Quarterly: 12.22
- TTM: 13.08
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 5.12
- Quarterly: 15.75
- TTM: 3.12
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 6.63
- Quarterly: 0.00
- TTM: 0.00
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: 0.09
- Quarterly: -1.36
- TTM: 16.21
These metrics provide insights into Axis Bank's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
2.07
Quarterly Price/Book Ratio
1.84
TTM Price/Book Ratio
2.05
Axis Bank Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
Axis Bank Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 2.07 | 12.30 | 5.12 | 6.63 | 0.09 |
| 2023 | 2.03 | 24.39 | 4.20 | 11.95 | -1.04 |
| 2022 | 1.97 | 16.53 | 4.56 | 8.30 | 0.18 |
| 2021 | 2.00 | 28.83 | 4.79 | 16.42 | 0.11 |
| 2020 | 1.19 | 55.53 | 2.55 | 3.38 | -0.85 |
| 2019 | 2.90 | 39.04 | 5.76 | 5.30 | 0.04 |
| 2018 | 1.90 | 267.70 | 7.95 | -3.18 | -3.02 |
| 2017 | 2.08 | 29.67 | 6.28 | 3.64 | -0.56 |
| 2016 | 1.97 | 12.65 | 4.53 | -3.40 | 1.12 |
| 2015 | 2.94 | 17.75 | 6.33 | -8.72 | 1.03 |
Related Metrics
Explore detailed financial metrics and analysis for AXISBANK.NS.