How to buy HDFC Bank stock | $76.53

HDFC Bank Limited is a banks-regional business based in the US. HDFC Bank shares (HDB) are listed on the NYSE and all prices are listed in US Dollars. HDFC Bank employs 123,473 staff and has a trailing 12-month revenue of around 0.00.

HDFC Bank stock price (NYSE: HDB)

Use our graph to track the performance of HDB stocks over time.

HDFC Bank shares at a glance

• Key figures

Information last updated 2021-07-28.

Latest market close	$76.53
52-week range	$45.07 - $84.08
50-day moving average	$73.75
200-day moving average	$75.46
Wall St. target price	$94.67
PE ratio	176.1905
Dividend yield	$6.5 (9.31%)
Earnings per share (TTM)	$0.40

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Is it a good time to buy HDFC Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of HDFC Bank Limited by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

HDFC Bank price performance over time

Historical closes compared with the close of $76.53 from 2021-05-28

1 week (2021-07-22)	N/A
1 month (2021-07-02)	4.62%
3 months (2021-04-30)	8.89%
6 months (2021-01-29)	N/A

1 year (2020-07-29)	N/A
2 years (2019-07-29)	N/A
3 years (2018-07-29)	N/A
5 years (2016-07-29)	N/A

Is HDFC Bank under- or over-valued?

Valuing HDFC Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HDFC Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

HDFC Bank's P/E ratio

HDFC Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 176x. In other words, HDFC Bank shares trade at around 176x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

HDFC Bank's PEG ratio

HDFC Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into HDFC Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

HDFC Bank financials

Revenue TTM	$804 billion
Operating margin TTM	54.85%
Gross profit TTM	$778 billion
Return on assets TTM	1.89%
Return on equity TTM	16.58%
Profit margin	40.83%
Book value	$198.83
Market capitalisation	$129.5 billion

TTM: trailing 12 months

Shorting HDFC Bank shares

There are currently 3.1 million HDFC Bank shares held short by investors – that's known as HDFC Bank's "short interest". This figure is 19.7% down from 3.8 million last month.

There are a few different ways that this level of interest in shorting HDFC Bank shares can be evaluated.

HDFC Bank's "short interest ratio" (SIR)

HDFC Bank's "short interest ratio" (SIR) is the quantity of HDFC Bank shares currently shorted divided by the average quantity of HDFC Bank shares traded daily (recently around 1.5 million). HDFC Bank's SIR currently stands at 2.09. In other words for every 100,000 HDFC Bank shares traded daily on the market, roughly 2090 shares are currently held short.

However HDFC Bank's short interest can also be evaluated against the total number of HDFC Bank shares, or, against the total number of tradable HDFC Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case HDFC Bank's short interest could be expressed as 0% of the outstanding shares (for every 100,000 HDFC Bank shares in existence, roughly 0 shares are currently held short) or 0.0003% of the tradable shares (for every 100,000 tradable HDFC Bank shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against HDFC Bank.

Find out more about how you can short HDFC Bank stock.

HDFC Bank share dividends

Dividend payout ratio: 18.54% of net profits

Recently HDFC Bank has paid out, on average, around 18.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HDFC Bank shareholders could enjoy a 0.37% return on their shares, in the form of dividend payments. In HDFC Bank's case, that would currently equate to about $6.5 per share.

While HDFC Bank's payout ratio might seem low, this can signify that HDFC Bank is investing more in its future growth.

HDFC Bank's most recent dividend payout was on 22 August 2019. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2021 (the "ex-dividend date").

Have HDFC Bank's shares ever split?

HDFC Bank's shares were split on a 2:1 basis on 25 September 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your HDFC Bank shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for HDFC Bank shares which in turn could have impacted HDFC Bank's share price.

HDFC Bank share price volatility

Over the last 12 months, HDFC Bank's shares have ranged in value from as little as $45.0685 up to $84.0816. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while HDFC Bank's is 0.9005. This would suggest that HDFC Bank's shares are less volatile than average (for this exchange).

HDFC Bank overview

HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. It operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The company accepts savings, salary, current, rural, public provident fund, pension, and Demat accounts; fixed and recurring deposits; and safe deposit lockers; as well as offshore accounts and deposits, overdrafts against fixed deposits, and sweep-in facilities. It also provides personal, home, car, two wheeler, business, educational, gold, consumer, and rural loans; loans against properties, securities, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term and professional loans. In addition, the company offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; and insurance and investment products. Further, it provides short term finance, bill discounting, structured finance, export credit, loan syndication, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. As of March 31, 2021, it had 5,608 branches and 16,087 automated teller machines in 2,902 cities/towns.

Frequently asked questions

What percentage of HDFC Bank is owned by institutions?
Currently 20.104% of HDFC Bank shares are held by institutions. How many people work for HDFC Bank?
Latest data suggests 123,473 work at HDFC Bank. When does the fiscal year end for HDFC Bank?
HDFC Bank's fiscal year ends in March. Where is HDFC Bank based?
HDFC Bank's address is: HDFC Bank House, Mumbai, India, 400013 What is HDFC Bank's ISIN number?
HDFC Bank's international securities identification number is: US40415F1012 What is HDFC Bank's CUSIP number?
HDFC Bank's Committee on Uniform Securities Identification Procedures number is: 40415F101