Hdfc Bank (HDB) Price to Book (2009 - 2026)
Hdfc Bank's (HDB) quarterly Price to Book came in at 1.27 in Q1 2026, down 25.15% on a YoY basis from 1.7 in Q1 2025, and down 25.52% quarter-over-quarter from 1.71 in Q3 2025.
Analysis
Hdfc Bank (HDB) Price to Book (2009 - 2026) Analysis & Trends
Hdfc Bank (HDB) has reported Price to Book for 18 consecutive years, with 1.27 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Price to Book fell 25.15% year-over-year to 1.27; the trailing twelve-month figure through Mar 2026 stood at 1.27 (down 25.15% YoY), and the FY2026 full-year result was 1.31, down 22.12% from the prior year.
- Price to Book fell to 1.27 in Q1 2026 per HDB's latest filing, from 1.71 in the prior quarter.
- Across five years, Price to Book topped out at 1904.69 in Q2 2023 and bottomed at 1.22 in Q3 2023.
- Historically, Price to Book has averaged 778.57 across 5 years, with a median of 3.49 in 2023.
- The sharpest annual moves came in 2022 and 2023: Price to Book slumped 100.0% in 2022, then jumped 35.05% in 2023.
- Over 5 years, Price to Book stood at 1861.71 in 2022, then decreased by 26.47% to 1368.85 in 2023, then surged by 30.42% to 1785.22 in 2024, then plunged by 99.9% to 1.71 in 2025, then slipped by 25.52% to 1.27 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 1.27, 1.71, and 1.7 for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27 |
| Sep 30, 2025 | 1.71 |
| Mar 31, 2025 | 1.70 |
| Dec 31, 2024 | 1,785.22 |
| Sep 30, 2024 | 1.62 |
| Jun 30, 2024 | 1,786.15 |
| Mar 31, 2024 | 1.49 |
| Dec 31, 2023 | 1,368.85 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1,904.69 |
| Mar 31, 2023 | 3.49 |
| Dec 31, 2022 | 1,861.71 |
| Sep 30, 2022 | 1,545.74 |
| Jun 30, 2022 | 1,410.36 |
| Mar 31, 2022 | 3.40 |
| Dec 31, 2021 | 1,616.45 |
| Sep 30, 2021 | 179.71 Mn |
| Jun 30, 2021 | 179.27 Mn |
| Mar 31, 2021 | 4.81 |
| Dec 31, 2020 | 1,771.11 |