Metrics to compare | AXBK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipAXBKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 16.2x | 12.0x | 9.9x | |
PEG Ratio | −2.57 | 0.81 | 0.03 | |
Price/Book | 2.0x | 1.5x | 1.0x | |
Price / LTM Sales | 5.7x | 3.3x | 2.9x | |
Upside (Analyst Target) | 16.2% | 14.6% | 14.8% | |
Fair Value Upside | Unlock | 9.8% | 2.8% | Unlock |
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.