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ICICI Bank Limited is a banks-regional business based in the US. ICICI Bank shares (IBN) are listed on the NYSE and all prices are listed in US Dollars.
|Latest market close||$18.01|
|52-week range||$9.13 - $18.92|
|50-day moving average||$17.55|
|200-day moving average||$16.73|
|Wall St. target price||$21.77|
|Dividend yield||$2 (10.63%)|
|Earnings per share (TTM)||$0.77|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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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.
|1 week (2021-07-25)||N/A|
|1 month (2021-07-02)||4.22%|
|3 months (2021-05-05)||10.42%|
|6 months (2021-02-01)||N/A|
|1 year (2020-08-01)||N/A|
|2 years (2019-08-01)||N/A|
|3 years (2018-08-01)||N/A|
|5 years (2016-08-01)||N/A|
Valuing ICICI Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ICICI Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ICICI 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 24x. In other words, ICICI Bank shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$1,035.9 billion|
|Operating margin TTM||21.68%|
|Gross profit TTM||$966.4 billion|
|Return on assets TTM||1.44%|
|Return on equity TTM||14.21%|
|Market capitalisation||$64.4 billion|
TTM: trailing 12 months
There are currently 14.9 million ICICI Bank shares held short by investors – that's known as ICICI Bank's "short interest". This figure is 6.3% up from 14.1 million last month.
There are a few different ways that this level of interest in shorting ICICI Bank shares can be evaluated.
ICICI Bank's "short interest ratio" (SIR) is the quantity of ICICI Bank shares currently shorted divided by the average quantity of ICICI Bank shares traded daily (recently around 4.4 million). ICICI Bank's SIR currently stands at 3.4. In other words for every 100,000 ICICI Bank shares traded daily on the market, roughly 3400 shares are currently held short.
However ICICI Bank's short interest can also be evaluated against the total number of ICICI Bank shares, or, against the total number of tradable ICICI Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ICICI Bank's short interest could be expressed as 0% of the outstanding shares (for every 100,000 ICICI Bank shares in existence, roughly 0 shares are currently held short) or 0.0043% of the tradable shares (for every 100,000 tradable ICICI Bank shares, roughly 4 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 ICICI Bank.
Find out more about how you can short ICICI Bank stock.
Dividend payout ratio: 7.55% of net profits
Recently ICICI Bank has paid out, on average, around 7.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ICICI Bank shareholders could enjoy a 0.29% return on their shares, in the form of dividend payments. In ICICI Bank's case, that would currently equate to about $2 per share.
While ICICI Bank's payout ratio might seem low, this can signify that ICICI Bank is investing more in its future growth.
ICICI Bank's most recent dividend payout was on 12 August 2019. The latest dividend was paid out to all shareholders who bought their shares by 27 July 2021 (the "ex-dividend date").
ICICI Bank's shares were split on a 11:10 basis on 18 June 2017. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your ICICI Bank shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for ICICI Bank shares which in turn could have impacted ICICI Bank's share price.
Over the last 12 months, ICICI Bank's shares have ranged in value from as little as $9.1329 up to $18.92. 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 ICICI Bank's is 1.0698. This would suggest that ICICI Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
ICICI Bank Limited provides various banking products and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, and Others Banking segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it 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, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, and pension fund management services.
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