P/E Ratio

ICICI Bank's current P/E ratio of 0.2x means that investors are paying only 20 cents for every dollar of the company's earnings per share.

This is far below the Financial Services sector median of 15.3x, placing ICICI Bank in the 2nd percentile among its peers—meaning only 2% of comparable companies have a lower P/E. The year-over-year change, quarter-over-quarter change, and the trend over the last eight quarters are all listed as N/A, so no directional pattern can be observed. This combination of an extremely low P/E relative to the sector, with no available trend data, suggests either a possible undervaluation opportunity or that the market expects earnings to drop sharply; it introduces uncertainty rather than a clear risk or opportunity signal. The metric directly supports the overall BULLISH verdict, because a P/E far below the sector median can indicate the stock is priced at a discount compared to its profit-generating ability.

Frequently Asked Questions

Closest Sector Peers