HDFCBANK vs ICICIBANK: Which Is Better on the Numbers?
HDFC Bank Ltd (HDFCBANK) trades at ₹747 on a P/E of 14.6, while ICICI Bank Ltd (ICICIBANK) trades at ₹1441 on a P/E of 18.3. On valuation, HDFC Bank Ltd is cheaper on earnings (P/E 14.6 vs 18.3). This is a data comparison, not a recommendation.
HDFCBANK vs ICICIBANK - full comparison
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Share price | ₹747.25 | ₹1,440.7 |
| P/E ratio (lower = cheaper) | 14.60 | 18.30 |
| ROE (higher = better) | 13.60% | 15.90% |
| ROCE (higher = better) | 7.02% | 7.18% |
| Dividend yield | 1.74% | 0.84% |
| Annualised return (history) | -4.0% | +8.1% |
| Volatility (lower = steadier) | 20% | 19% |
| 1-year forecast (Monte Carlo median) | ₹702.03 | ₹1,537.05 |
| Cheapest MTF margin | 22% (Dhan) | 22% (Dhan) |
Forecast as of 24 Jul
How HDFCBANK and ICICIBANK compare
- On valuation, HDFC Bank Ltd is cheaper on earnings (P/E 14.6 vs 18.3).
- On profitability, ICICI Bank Ltd earns a higher return on equity (ROE 15.9% vs 13.6%).
- For income, HDFC Bank Ltd pays a higher dividend yield (1.74% vs 0.84%).
- On recent momentum, ICICI Bank Ltd has the stronger annualised return (+8.1% vs -4.0%).
- On risk, ICICI Bank Ltd has been less volatile (annualised volatility 19% vs 20%).
Not investment advice. This page compares publicly available metrics and a statistical forecast for information only. The 1-year forecast is a Monte Carlo projection from historical volatility, not a prediction. Do your own research or consult a SEBI-registered adviser before investing.
More stock comparisons
INFY vs TCSTCS vs WIPROINFY vs WIPROHCLTECH vs TCSHCLTECH vs INFYHCLTECH vs WIPROINFY vs TECHMHDFCBANK vs SBINICICIBANK vs SBINHDFCBANK vs KOTAKBANKAXISBANK vs ICICIBANKAXISBANK vs SBINAXISBANK vs KOTAKBANKAXISBANK vs HDFCBANKADANIENT vs RELIANCEMARUTI vs TATAMOTORSBAJAJ-AUTO vs HEROMOTOCOEICHERMOT vs TATAMOTORSDRREDDY vs SUNPHARMACIPLA vs SUNPHARMACIPLA vs DRREDDYCIPLA vs DIVISLABJSWSTEEL vs TATASTEELJINDALSTEL vs TATASTEEL
Related tools
- HDFCBANK MTF margins & research
- ICICIBANK MTF margins & research
- Stock screener - filter by P/E, ROE and 30+ metrics
- Stock valuation - estimate intrinsic value
- Nifty PE tracker - market-wide valuation context