HDFCBANK vs ICICIBANK: Which Is Better on the Numbers?
HDFC Bank Ltd (HDFCBANK) trades at ₹747 on a P/E of 15.1, while ICICI Bank Ltd (ICICIBANK) trades at ₹1262 on a P/E of 16.7. On valuation, HDFC Bank Ltd is cheaper on earnings (P/E 15.1 vs 16.7). This is a data comparison, not a recommendation.
HDFCBANK vs ICICIBANK — full comparison
| Metric | HDFCBANK | ICICIBANK |
|---|---|---|
| Share price | ₹747.05 | ₹1,262.1 |
| P/E ratio (lower = cheaper) | 15.10 | 16.70 |
| ROE (higher = better) | 13.80% | 16.10% |
| ROCE (higher = better) | 7.04% | 7.20% |
| Dividend yield | 1.74% | 0.87% |
| Annualised return (history) | -2.2% | +5.9% |
| Volatility (lower = steadier) | 19% | 19% |
| 1-year forecast (Monte Carlo median) | ₹716.08 | ₹1,314.01 |
| Cheapest MTF margin | 22% (Dhan) | 22% (Dhan) |
How HDFCBANK and ICICIBANK compare
- On valuation, HDFC Bank Ltd is cheaper on earnings (P/E 15.1 vs 16.7).
- On profitability, ICICI Bank Ltd earns a higher return on equity (ROE 16.1% vs 13.8%).
- For income, HDFC Bank Ltd pays a higher dividend yield (1.74% vs 0.87%).
- On recent momentum, ICICI Bank Ltd has the stronger annualised return (+5.9% vs -2.2%).
- On risk, ICICI Bank Ltd has been less volatile (annualised volatility 19% vs 19%).
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.
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