Axis Bank Ltd Stock Price To Book
| AXB Stock | 67.40 0.20 0.30% |
Axis Bank Ltd fundamentals help investors to digest information that contributes to Axis Bank's financial success or failures. It also enables traders to predict the movement of Axis Stock. The fundamental analysis module provides a way to measure Axis Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Axis Bank stock.
Axis | Price To Book |
Axis Bank Ltd Company Price To Book Analysis
Axis Bank's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Axis Bank Price To Book | 2.04 X |
Most of Axis Bank's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Axis Bank Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Axis Bank Ltd has a Price To Book of 2.0417 times. This is 55.42% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to book for all United Kingdom stocks is 78.53% higher than that of the company.
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Axis Fundamentals
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0192 | |||
| Profit Margin | 0.42 % | |||
| Operating Margin | 0.48 % | |||
| Current Valuation | 1.57 T | |||
| Shares Outstanding | 618.87 M | |||
| Shares Owned By Institutions | 0.50 % | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 765.99 B | |||
| Gross Profit | 600.8 B | |||
| EBITDA | 365.29 B | |||
| Net Income | 350.72 B | |||
| Total Debt | 2.28 T | |||
| Book Value Per Share | 557.71 X | |||
| Cash Flow From Operations | (55.55 B) | |||
| Earnings Per Share | 5.32 X | |||
| Target Price | 61.57 | |||
| Number Of Employees | 104.63 K | |||
| Beta | 0.94 | |||
| Market Capitalization | 2.77 T | |||
| Total Asset | 15.18 T | |||
| Retained Earnings | 652.81 B | |||
| Annual Yield | 0.0009 % | |||
| Net Asset | 15.18 T | |||
| Last Dividend Paid | 1.0 |
About Axis Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Axis Bank Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axis Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axis Bank Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Axis Bank financial ratios help investors to determine whether Axis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axis with respect to the benefits of owning Axis Bank security.