IBN

ICICI Bank Limited

Fundamental data last updated:May 13, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

NYSE

County of HQ

IN

Next Earnings Date

07/17/2026

Business Summary

ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. It accepts savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts, as well as time, fixed, recurring, and security deposits services. The company also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities and card swipes; and credit, debit, prepaid, travel, forex, and corporate cards. In addition, it offers pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services. Further, the company provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, and institutional banking services; health, personal accident, fire, and motor insurance, as well as distributes general and life insurance products; and Internet, mobile, and phone banking services. Additionally, it offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. The company was founded in 1955 and is headquartered in Mumbai, India.

 


VALUATION

P/E

0.34

Market Cap ($M USD)

$93.45B

Forward P/E

0.10

PEG

0.00

PRICE TO SALES

2.85

PRICE TO BOOK

2.44

EV / EBITDA

10.92

5-Year Average P/E

Free Cash Flow Yield

-11.66%

DCF Value

$36.57

Graham Number

$929.95

Price to FCF

-8.58

EV to FCF

-8.15

Earnings Yield

6.11%

FCF Yield

-11.66%

DIVIDEND

Yield

0.89%

Annual Payout

$11.00

Payout Ratio

27.48%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$75.75

Next Year EPS Growth Estimate

$254.61

Next Year Revenue Growth Estimate

$209.79T

Return on Equity (ROE)

15.75%

FREE CASH FLOW

Operating Margin

24.77%

Debt-to-Equity

0.61

Piotroski F-Score

4

Altman Z-Score

-0.24

Return on Invested Capital (ROIC)

2.65%

Current Ratio

0.00

Quick Ratio

0.00

Net Debt to EBITDA

-0.58

Interest Coverage

0.87

Gross Profit margin

69.68%

FCF PER SHARE

$-144.84

REVENUE PER SHARE

$436.28

Gainseekers Quantitative Analysis

Summary

ICICI Bank Limited’s valuation presents a compelling narrative of mispricing. The stock has traded below its DCF value, suggesting a potential undervaluation. With a forward P/E ratio that is strikingly low, the market seems to be underestimating its future earnings potential. However, the negative Altman Z-score raises red flags about financial distress, indicating potential risk. Despite this, the earnings yield suggests a decent return relative to the price, hinting at a possible opportunity for value investors.

AI Exposure / Tech Reliance

As a player in the financial services sector, ICICI Bank is well-positioned to leverage AI and modern technology. The banking industry is increasingly integrating AI for risk management and customer service, areas where ICICI can enhance efficiency. This adaptability could provide a competitive edge in a rapidly evolving tech landscape.

The Bull Case

For the value-driven investor, ICICI Bank offers intriguing prospects. The return on equity of 15.75% underscores robust capital efficiency, while the operating margin of 24.77% highlights strong pricing power. Despite a negative FCF yield, the Piotroski F-Score of 4 suggests some financial health. These metrics collectively paint a picture of a bank with solid operational execution and potential for growth.

The Bear Case

Yet, the bear case cannot be ignored. The Price/Book and Price/Sales ratios suggest the stock might be overvalued relative to its assets and revenue. The negative free cash flow and EV to FCF ratio indicate cash generation issues, which could hinder future growth. Additionally, the stock's proximity to its 52-week high raises concerns about technical overextension, making it a risky bet for cautious investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.28

Insider Buying % (6 Mo)

Distance to 52-Week High

32.45%

Distance to 52-Week Low

3.91%

EARNINGS SURPRISE %

5.13%

50-DAY SMA

$27.21

200-DAY SMA

$30.16

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.