As of 2026-04-03, the Relative Valuation of ICICI Bank Ltd (ICICIBANK.NS) is 594.01 INR. This relative valuation is based on P/E multiples. With the latest stock price at 1,215.80 INR, the upside of ICICI Bank Ltd based on Relative Valuation is -51.1%.
The range of the Relative Valuation is 504.50 - 783.64 INR.
| Range | Selected | |
| Trailing P/E multiples | 6.8x - 10.5x | 7.4x |
| Forward P/E multiples | 6.8x - 9.7x | 7.9x |
| Fair Price | 504.50 - 783.64 | 594.01 |
| Upside | -58.5% - -35.5% | -51.1% |
| Date | P/E |
| 2026-04-02 | 16.44 |
| 2026-04-01 | 16.40 |
| 2026-03-30 | 16.38 |
| 2026-03-27 | 16.73 |
| 2026-03-25 | 17.01 |
| 2026-03-24 | 16.93 |
| 2026-03-23 | 16.56 |
| 2026-03-20 | 16.90 |
| 2026-03-19 | 17.03 |
| 2026-03-18 | 17.47 |
| 2026-03-17 | 17.40 |
| 2026-03-16 | 17.14 |
| 2026-03-13 | 16.97 |
| 2026-03-12 | 17.17 |
| 2026-03-11 | 17.47 |
| 2026-03-10 | 17.75 |
| 2026-03-09 | 17.24 |
| 2026-03-06 | 17.78 |
| 2026-03-05 | 18.29 |
| 2026-03-04 | 18.50 |
| 2026-03-02 | 18.59 |
| 2026-02-27 | 18.65 |
| 2026-02-26 | 18.95 |
| 2026-02-25 | 18.90 |
| 2026-02-24 | 18.73 |
| 2026-02-23 | 18.91 |
| 2026-02-20 | 18.84 |
| 2026-02-19 | 18.77 |
| 2026-02-18 | 19.01 |
| 2026-02-17 | 18.99 |
| 2026-02-16 | 19.10 |
| 2026-02-13 | 19.14 |
| 2026-02-12 | 19.36 |
| 2026-02-11 | 19.05 |
| 2026-02-10 | 18.98 |
| 2026-02-09 | 18.86 |
| 2026-02-06 | 19.03 |
| 2026-02-05 | 18.85 |
| 2026-02-04 | 19.01 |
| 2026-02-03 | 18.76 |
| 2026-02-02 | 18.26 |
| 2026-02-01 | 18.03 |
| 2026-01-30 | 18.34 |
| 2026-01-29 | 18.72 |
| 2026-01-28 | 18.50 |
| 2026-01-27 | 18.48 |
| 2026-01-23 | 18.20 |
| 2026-01-22 | 18.21 |
| 2026-01-21 | 18.21 |
| 2026-01-20 | 18.60 |