Axis Bank (AXISBANK) Share Price & Analysis
Axis Bank (AXISBANK) — Banks - Regional
Axis Bank Key Fundamental Metrics
Executive Investment Overview & Business Profile
Axis Bank currently trades at an attractive P/E ratio of 14.128234, reflecting a discounted valuation compared to broader sector averages.
Axis Bank is one of the premier companies in India's Banking sector. Currently trading at ₹1,256 with a market capitalization of ₹3.91 Lakh Cr, the company occupies a key position in the Indian equity market.
Investors evaluating Axis Bank focus closely on its capital return metrics: Return on Equity (ROE) stands at 13.35% alongside operating margins of 49.18%. The company's earnings multiple of 14.128234 P/E provides a clear signal of market expectation relative to sector peers.
Company Profile & Information
Axis Bank Limited provides various financial products and services in India and internationally. The company operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. It provides fixed, recurring, and safe deposits; and saving, salary, current, safe custody, pension disbursement, and demat and trading accounts. The company also offers home, personal, car, two-wheeler, business, commercial vehicle construction equipment, education, gold loans, as well as loans against securities, fixed deposits, properties, and credit cards. In addition, it provides credit and debit cards; mutual funds; governmental investment products, such as public provident fund, floating rate saving bonds, and national pension system; digital gold and sovereign gold bonds; alternate investment products; insurance services, such as life, general, and health insurance; and various forex products and services. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. Axis Bank Limited was incorporated in 1993 and is headquartered in Mumbai, India.