Axis Bank Ltd
NSE:AXISBANK

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Axis Bank Ltd
NSE:AXISBANK
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Price: 1 142.4 INR 0.29% Market Closed
Market Cap: 3.5T INR
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P/E
Price to Earnings

12.7
Current
15.8
Median
10.7
Industry
Lower than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
12.7
=
Market Cap
3.5T INR
/
Net Income
279.3B INR
All Countries
Close

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
12.9
2-Years Forward
P/E
11.5
3-Years Forward
P/E
9.9

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