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Is this Large Market Cap Stock target price reasonable for ICICI Bank Limited (NYSE:IBN) ?

The company in question is, ICICI Bank Limited (NYSE:IBN) currently with a stock price of 8.31 (-2.12% today). The market cap for ICICI Bank Limited is 24564.28, and is in the sector Financial, and Money Center Banks industry. The target price for ICICI Bank Limited is 10. Currently ICICI Bank Limited is trading with a P/E of 25.11, and a forward P/E of 16.23. Average volume for ICICI Bank Limited is 7540.99 and so far today it is 14052100.

Performance in the last year for ICICI Bank Limited has been 15.28%. For EPS growth, ICICI Bank Limited has seen a growth of -16.90%, and is looking to grow in the next year to 29.29%. More long term stats show that EPS growth has been 13.00% over the last five years and could be 22.00% for the next five years. ICICI Bank Limited has seen sales growth quarter over quarter at 35.90%, with EPS growth quarter over quarter at -16.40%. The 20-day simple moving average is -3.38%, with the 200-day simple moving average coming to 4.48%.

Since the IPO date for ICICI Bank Limited on the 3/28/2000, ICICI Bank Limited has seen performance year to date to be 10.95%. With ICICI Bank Limited trading at 8.31, the dividend yield is 1.81%, and the EPS is 0.33.

So could ICICI Bank Limited, be undervalued? Well as said before P/E is 25.11. The PEG is 1.14, P/S is 5.26 and the P/B is at *TBA. The P/cash is *TBA, with P/free cash flow at *TBA.

ICICI Bank Limited ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, ICICI Bank Limited has a gross margin of *TBA, an operating margin of *TBA and a profit margin of 0.00%.Payout ratio for ICICI Bank Limited is 0.00%. Return on assets come to *TBA with return on investment coming to 4.50%.

Insider ownership for ICICI Bank Limited, is at 62.40% and institutional ownership comes to 22.30%. Outstanding shares are at 2955.99. While shares float is 2906.71. The float short is currently 0.20%, and short ratio is 0.78.

Graphs: ICICI Bank Limited NYSE: IBN | Friday April 21, 2017


ICICI Bank Limited NYSE: IBN




ICICI Bank Limited NYSE: IBN

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.

About the author

Peter Clarke

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