GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Shiller PE Ratio

HDB (HDFC Bank) Shiller PE Ratio : 27.64 (As of Oct. 31, 2024)


View and export this data going back to 2001. Start your Free Trial

What is HDFC Bank Shiller PE Ratio?

As of today (2024-10-31), HDFC Bank's current share price is $63.03. HDFC Bank's E10 for the fiscal year that ended in Mar24 was $2.28. HDFC Bank's Shiller PE Ratio for today is 27.64.

The historical rank and industry rank for HDFC Bank's Shiller PE Ratio or its related term are showing as below:

HDB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.36   Med: 45.5   Max: 62.22
Current: 28.91

During the past 13 years, HDFC Bank's highest Shiller PE Ratio was 62.22. The lowest was 24.36. And the median was 45.50.

HDB's Shiller PE Ratio is ranked worse than
94.61% of 1168 companies
in the Banks industry
Industry Median: 10.885 vs HDB: 28.91

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

HDFC Bank's adjusted earnings per share data of for the fiscal year that ended in Mar24 was $3.191. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.28 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HDFC Bank Shiller PE Ratio Historical Data

The historical data trend for HDFC Bank's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HDFC Bank Shiller PE Ratio Chart

HDFC Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.78 42.86 35.22 31.68 24.53

HDFC Bank Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.22 26.43 31.68 23.41 24.53

Competitive Comparison of HDFC Bank's Shiller PE Ratio

For the Banks - Regional subindustry, HDFC Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HDFC Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HDFC Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HDFC Bank's Shiller PE Ratio falls into.



HDFC Bank Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

HDFC Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=63.03/2.28
=27.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HDFC Bank's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, HDFC Bank's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.191/153.0345*153.0345
=3.191

Current CPI (Mar24) = 153.0345.

HDFC Bank Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.974 97.163 1.534
201603 1.039 102.518 1.551
201703 1.244 105.196 1.810
201803 1.575 109.786 2.195
201903 1.755 118.202 2.272
202003 1.902 124.705 2.334
202103 2.431 131.771 2.823
202203 2.732 138.822 3.012
202303 3.234 146.865 3.370
202403 3.191 153.035 3.191

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


HDFC Bank  (NYSE:HDB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


HDFC Bank Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of HDFC Bank's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HDFC Bank Business Description

Address
Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments; Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.

HDFC Bank Headlines

From GuruFocus

Q2 2023 HDFC Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2024 HDFC Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2022 HDFC Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

HDFC Bank Ltd Bank Day Transcript

By GuruFocus Research 02-10-2024

HDFC Bank Ltd Institutional Investor Meeting Transcript

By GuruFocus Research 02-10-2024

Q3 2024 HDFC Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

HDFC Bank Ltd's Dividend Analysis

By GuruFocus Research 05-07-2024

Q1 2022 HDFC Bank Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024