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Is ICICI Bank Ltd.(NYSE: IBN), a large market cap stock a smart buy?

With a market cap of has a large market cap size. ICICI Bank Ltd. (NYSE: IBN) has been on the stock market since its IPO date on the 3/28/2000. ICICI Bank Ltd. is in the Money Center Banks industry and Financial sector. Average volume for ICICI Bank Ltd., is 11104.58, and so far today it has a volume of 4857. Performance year to date since the 3/28/2000 is 3.66%.

To help you determine whether ICICI Bank Ltd. is undervalued the following values will help you decide. P/E is 25.16 and forward P/E is 18.62. PEG perhaps more useful shows that ICICI Bank Ltd. has a value for PEG of 1.14. P/S ratio is 5.09 and the P/B ratio is 1.66. The P/Cash and P/Free cash flow is *TBA and *TBA respectively.

At the current price ICICI Bank Ltd. is trading at, 7.83 (-1.51% today), ICICI Bank Ltd. has a dividend yield of 1.89%, and this is covered by a payout ratio of 28.50%. Earnings per share (EPS) is 0.32, and this is looking to grow in the next year to -6.36% after growing -16.90% this past year. EPS growth quarter over quarter is 0.00%, and -17.80% for sales growth quarter over quarter.

The number of shares outstanding is 2855.69, and the number of shares float is 2855.69. The senior management bring insider ownership to 62.40%, and institutional ownership is at 22.40%. The float short is 0.85%, with the short ratio at a value of 2.18. Management has seen a return on assets of *TBA, and also a return on investment of 4.50%.

The ability for ICICI Bank Ltd., to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is *TBA and total debt/equity is *TBA. In terms of margins, ICICI Bank Ltd. has a gross margin of *TBA, with its operating margin at *TBA, and ICICI Bank Ltd. has a profit margin of 0.00%.

The 52 week high is -24.72%, with 55.23% being its 52 week low. The 20 day simple moving average is 12.19% and the 200 day simple moving average is 9.13%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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