ICICIBANK.NS

Potentially Undervalued

ICICI Bank Limited — PEG Ratio Analysis

0.74

PEG Ratio

PEG ratio is generally unreliable for Financial Services companies — earnings are driven by interest margins and provisions

PEG ratio is generally unreliable for Financial Services companies

0.74

Growth Rate Source

Good Data Quality5-Year EPS CAGR

Current Price

$1256.40

TTM EPS

$74.78

P/E Ratio

16.80

Growth Rate

22.7%

5-Year EPS CAGR

Sector

Financial Services

Banks - Regional

Calculated

6/17/2026

9:23:06 AM

Peer Comparison

Sample Size

4 peers

Industry Median PEG

1.48

25th Percentile

0.58

75th Percentile

5.25

ICICIBANK.NS PEG (0.74) vs Industry Median (1.48): 50% discount

Symbol	Company	PEG	P/E	Growth	vs ICICIBANK.NS
AXISBANK.NS	Axis Bank Limited	0.53	15.2	28.6%	-28%
SBIN.NS	State Bank of India	0.58	10.6	18.1%	-21%
RELIANCE.NS	Reliance Industries Limited	2.37	22.1	9.3%	+220%
HDFCBANK.NS	HDFC Bank Limited	5.25	15.1	2.9%	+610%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.