ICICI Bank Stock Price Analysis and Quick Research Report. Is ICICI Bank an attractive stock to invest in?
The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.
The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.
Let’s look at how ICICI Bank is performing and if it is the right time to buy the stock of ICICI Bank with detailed analysis.
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For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. ICICI Bank has earned Rs 169946.0938 Cr. revenue in the latest financial year. ICICI Bank has posted outstanding revenue growth of 15.8743571845113% in last 3 Years.
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In terms of advances, ICICI Bank reported 15.8095% YOY, rise . If you see 3 years advance growth, it stands at 15.0778266177481%.
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Currently, ICICI Bank has a CASA ratio of 41.4341%. It’s overall cost of liability stands at 4.265 %. Also, the total deposits from these accounts stood at Rs 1794624.9761 Cr.
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ICICI Bank has a healthy ROA track record. The ROA of ICICI Bank is at 2.2333%.
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The Lender is efficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA of ICICI Bank stood at 1.44% and 0.35% respectively as on the latest financial year.
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One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 14.9022164652282% which means it has increased from the previous year.
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Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of ICICI Bank surged and is currently at Rs 30757.5896 Cr.
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ICICI Bank has a Good Capital Adequacy Ratio of 17.18 .
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The best metric which provides insights about bank’s valuation is P/B ratio. Currently ICICI Bank is trading at a P/B of 2.8764 . The historical average PB was 3.08034467307346.
One can find all the Financial Ratios of ICICI Bank in Ticker for free. Also, one can get the intrinsic value of ICICI Bank by using Valuation Calculators, which are available with a Finology ONE subscription.
ICICI Bank FAQs
Q1. What is ICICI Bank share price today?
Ans: The current share price of ICICI Bank is Rs 1389.1.
Q2. What is the market capitalisation of ICICI Bank?
Ans: ICICI Bank has a market capitalisation of Rs 997075.63274102 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of ICICI Bank?
Ans: The PE ratio of ICICI Bank is 19.1073165162538 and the P/B ratio of ICICI Bank is 2.87428980770337, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of ICICI Bank share?
Ans: The 52-week high share price of ICICI Bank is Rs 1480, and the 52-week low share price of ICICI Bank is Rs 1187.6.
Q5. Does ICICI Bank pay dividends?
Ans: Currently, ICICI Bank pays dividends. Dividend yield of ICICI Bank is around 0.8632%.
Q6. What are the face value and book value of ICICI Bank shares?
Ans: The face value of ICICI Bank shares is Rs 2, while the book value per share of ICICI Bank is around Rs 483.2846. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What are the ROE and ROCE of ICICI Bank?
Ans: The ROE of ICICI Bank is 16.2531% and ROCE of ICICI Bank is 17.1148%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q8. Is ICICI Bank a good buy for the long term?
Ans: The ICICI Bank long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q9. Is ICICI Bank undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the ICICI Bank appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q10. How to check ICICI Bank’s financials?
Ans: You can review ICICI Bank’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.