ICICI Bank Limited

IBN Financial Banks Regional

ICICI Bank Limited’s revenue for fiscal 2026 (year ended March 2026) was $35.3 billion, up 1.46% from fiscal 2025. In the quarter to June 2026, revenue fell 3.19%, EPS grew 2.33%, free cash flow fell 61.2% and total debt fell 4.70%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.

29.97 0.53 +1.80%
Market cap
$105.7B
P/E
18.5×
Fwd P/E
—
Dividend yield
0.83%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

ICICI Bank Limited (IBN) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, ICICI Bank Limited (IBN) trades at a P/E ratio of 18.5×. Over the past ten years it has ranged from 8.1× (February 2016) to 87.2× (June 2019); the current reading is higher than 27% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 16.1× (19.36%)
FY2025 19.9× 8.35%
FY2024 18.4× (1.03%)
FY2023 18.6× (11.60%)
FY2022 21.0× (15.98%)
FY2021 25.0× (27.31%)
FY2020 34.5× (56.56%)
FY2019 79.3× 219.56%
FY2018 24.8× 41.39%
FY2017 17.6× 27.51%

Quarterly newest first

Period P/E ratio Change
Jun 2026 17.9× 11.39%
Mar 2026 16.1× (13.63%)
Dec 2025 18.6× 1.04%
Sep 2025 18.4× (10.14%)
42 more quarters

Against its own ten years

Low 8.1× High 87.2×
Ten-year median 20.2×
Current reading's percentile 22

P/E ratio against peers

Company P/E ratio
MFG Mizuho Financial Group, Inc. compare 2.3×
DB Deutsche Bank Aktiengesellschaft compare 7.6×
NWG NatWest Group plc compare 9.9×
USB U.S. Bancorp compare 11.3×
PNC The PNC Financial Services Group, Inc compare 11.4×
LYG Lloyds Banking Group PLC compare 15.5×
HDB HDFC Bank Limited compare 16.0×
IBN ICICI Bank Limited 18.5×
NU Nu Holdings Ltd. compare 19.7×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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