HDFC Bank Limited, commonly known as HDFC, is an Indian banking and financial services company headquartered in Mumbai. As of May 2024, it is India’s largest private sector bank by assets and the world’s tenth-largest bank by market capitalization. The Reserve Bank of India (RBI) has identified HDFC Bank, along with State Bank of India and ICICI Bank, as Domestic Systemically Important Banks (D-SIBs), indicating they are “too big to fail.”
Market Capitalization
- Market Cap as of May 2024: $142.02 billion
- This ranks HDFC Bank as the world’s 97th most valuable company by market cap.
- Market capitalization, or market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure a company’s worth.
Revenue for HDFCBank (HDB)
- Revenue in 2023 (TTM): $20.39 billion
- Revenue in 2020: $12.43 billion
- Revenue in 2019: $11.22 billion
Revenue represents the total income generated from the sale of goods or services without deducting expenses.
Earnings for HDFCBank (HDB)
- Earnings in 2023 (TTM): $9.24 billion
- Earnings in 2020: $5.53 billion
- Earnings in 2019: $5.28 billion
The earnings displayed are the company’s pretax income.
Stock Price History for HDFC Bank (HDB)
- Highest End of Day Price: $83.75 USD on March 11, 2021
- Lowest End of Day Price: $1.21 USD on December 11, 2002
P/E Ratio for HDFCBank (HDB)
- P/E Ratio as of May 2024 (TTM): 18.9
- At the end of 2020, the P/E ratio was 32.5.
- The price-to-earnings (P/E) ratio measures the company’s current share price relative to its per-share earnings.
P/S Ratio for HDFCBank (HDB)
- P/S Ratio as of May 2024 (TTM): 6.96
- At the end of 2023, the P/S ratio was 8.33.
- The price-to-sales (P/S) ratio compares the company’s stock price to its revenue.
Number of Shares Outstanding for HDFC Bank (HDB)
- As of May 2024: 2,529,737,614 shares
- The number of outstanding shares can be influenced by stock splits and share buybacks.
Total Assets for HDFC Bank (HDB)
- As of December 2023: $466.29 billion
- Total assets include all current and non-current assets, such as inventories, cash and cash equivalents, properties, and equipment.
This detailed overview of HDFC Bank Limited provides comprehensive insights into the bank’s market position, financial performance, and historical background, useful for investors and financial analysts.
