Where Does HDFC Bank Limited (HDB) Rank When It Comes To Price-To-Earnings Ratio?

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HDFC Bank Limited (NYSE:HDB) finished Friday with an addition of $0.03 to close at $68.41, an upside of 0.04 percent. An average of 871,760 shares of common stock have been traded in the last five days. There was a gain of $0.35 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 1,153,000 shares traded, while the 50-day average volume stands at 1,252,408.

HDB stock has decreased by -3.06% in the last month. The company shares reached their 1-month lowest point of $66.23 on 12/23/22. With the stock rallying to its 52-week high on 01/14/22, shares of the company touched a low of $50.61 and a high of $72.20 in 52 weeks. It has reached a new high 8 times so far this year and achieved 5.13% or $3.34 in price. In spite of this, the price is down -5.25% from the 52-week high.


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Valuation Metrics

HDFC Bank Limited (HDB) has a trailing price-to-earnings (P/E) ratio of 27.27. The stock’s beta is 0.80. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.91, the price-to-book (PB) ratio at 4.19, and the price-to-cash flow ratio at 17.77.

The company’s most recent quarterly dividend payment was $0.5805 a share, representing a up of 11.21% from $0.5220 last year. Its latest increase dividend $0.0585 reported on Friday July 22 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.62 and a total debt to equity ratio of 0.62 for the quarter ending June 29. Its gross profit as reported stood at $9.87 billion compared to revenue of $17.57 billion.

Earnings Surprise

For the three-month period that ended June 29, HDFC Bank Limited had $16.06 billion in total debt. The analyst consensus anticipated HDFC Bank Limited’s latest quarter earnings to come in at $0.62 per share, but it turned out to be $0.67, a 8.10% surprise. At the end of the quarter ending June 29, HDFC Bank Limited’s stock balance sheet showed total debt was $2.52 trillion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at HDFC Bank Limited (HDB) price momentum. RSI 9-day as of the close on 30 December was 50.98%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.07%.

As of today, HDB’s price is $67.79 +0.51% or $0.35 from its 5-day moving average. HDB is currently trading -1.64% lower than its 20-day SMA and +8.47% higher than its 100-day SMA. However, the stock’s current price level is +14.55% above the SMA50 and +10.98% above the SMA200.

The stochastic %K and %D were 43.50% and 36.21%, respectively, and the average true range (ATR) was 1.21. With the 14-day stochastic at 50.35% and the average true range at 1.25, the RSI (14) stands at 52.45%. The stock has reached -0.23 on the 9-day MACD Oscillator while the 14-day reading was at -0.49.

Analyst Ratings

Bernstein downgraded HDFC Bank Limited (NYSE: HDB) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.

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