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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 9105.34, and so far today it has a volume of 9550200. Performance year to date since the 3/28/2000 is 2.75%.

To help you determine whether ICICI Bank Ltd. is undervalued the following values will help you decide. P/E is 24.78 and forward P/E is 14.22. PEG perhaps more useful shows that ICICI Bank Ltd. has a value for PEG of 1.13. P/S ratio is 5.12 and the P/B ratio is *TBA. The P/Cash and P/Free cash flow is *TBA and *TBA respectively.

At the current price ICICI Bank Ltd. is trading at, 7.88 (2.74% today), ICICI Bank Ltd. has a dividend yield of 1.90%, and this is covered by a payout ratio of 0.00%. Earnings per share (EPS) is 0.32, and this is looking to grow in the next year to 23.94% after growing -16.90% this past year. EPS growth quarter over quarter is -22.20%, and -0.80% for sales growth quarter over quarter.

The number of shares outstanding is 2917.24, and the number of shares float is 2903.26. The senior management bring insider ownership to 62.40%, and institutional ownership is at 22.90%. The float short is 0.56%, with the short ratio at a value of 1.78. 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 -13.21%, with 56.22% being its 52 week low. The 20 day simple moving average is 5.76% and the 200 day simple moving average is 12.51%.

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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