IDFC First Bank Limited

NSEI:IDFCFIRSTB Stock Report

Market Cap: ₹469.7b

IDFC First Bank Valuation

Is IDFCFIRSTB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IDFCFIRSTB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IDFCFIRSTB (₹64.15) is trading above our estimate of fair value (₹24.6)

Significantly Below Fair Value: IDFCFIRSTB is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IDFCFIRSTB?

Key metric: As IDFCFIRSTB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IDFCFIRSTB. This is calculated by dividing IDFCFIRSTB's market cap by their current earnings.
What is IDFCFIRSTB's PE Ratio?
PE Ratio20.3x
Earnings₹23.19b
Market Cap₹469.73b

Price to Earnings Ratio vs Peers

How does IDFCFIRSTB's PE Ratio compare to its peers?

The above table shows the PE ratio for IDFCFIRSTB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15x
CENTRALBK Central Bank of India
14.3xn/a₹489.4b
UCOBANK UCO Bank
24.2xn/a₹529.1b
FEDERALBNK Federal Bank
12.6x13.2%₹522.3b
MAHABANK Bank of Maharashtra
8.8xn/a₹429.3b
IDFCFIRSTB IDFC First Bank
20.3x39.9%₹469.7b

Price-To-Earnings vs Peers: IDFCFIRSTB is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (15x).

Price to Earnings Ratio vs Industry

How does IDFCFIRSTB's PE Ratio compare vs other companies in the IN Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
IDFCFIRSTB 20.3xIndustry Avg. 10.3xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IDFCFIRSTB is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the Indian Banks industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is IDFCFIRSTB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IDFCFIRSTB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio15.5x

Price-To-Earnings vs Fair Ratio: IDFCFIRSTB is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (15.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IDFCFIRSTB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹64.15
₹72.89
+13.6%
14.9%₹95.00₹58.00n/a19
Nov ’25₹67.15
₹73.06
+8.8%
15.0%₹95.00₹58.00n/a18
Oct ’25₹73.44
₹84.17
+14.6%
11.0%₹98.00₹63.00n/a18
Sep ’25₹73.84
₹84.50
+14.4%
10.6%₹98.00₹63.00n/a18
Aug ’25₹75.39
₹84.33
+11.9%
10.4%₹98.00₹63.00n/a18
Jul ’25₹81.14
₹90.50
+11.5%
13.1%₹107.00₹64.00n/a18
Jun ’25₹76.40
₹90.50
+18.5%
13.1%₹107.00₹64.00n/a18
May ’25₹82.15
₹89.83
+9.4%
13.3%₹107.00₹64.00n/a18
Apr ’25₹77.50
₹90.19
+16.4%
12.5%₹107.00₹64.00n/a16
Mar ’25₹82.20
₹90.57
+10.2%
12.8%₹107.00₹64.00n/a14
Feb ’25₹83.40
₹90.64
+8.7%
12.6%₹107.00₹65.00n/a14
Jan ’25₹87.80
₹94.21
+7.3%
14.0%₹114.00₹65.00n/a14
Dec ’24₹86.10
₹91.67
+6.5%
14.6%₹114.00₹65.00n/a15
Nov ’24₹81.10
₹91.87
+13.3%
14.2%₹114.00₹68.00₹67.1515
Oct ’24₹95.50
₹89.07
-6.7%
15.1%₹105.00₹65.00₹73.4414
Sep ’24₹93.40
₹84.92
-9.1%
14.6%₹100.00₹65.00₹73.8412
Aug ’24₹88.50
₹81.50
-7.9%
18.2%₹100.00₹47.00₹75.3912
Jul ’24₹79.40
₹71.30
-10.2%
16.6%₹85.00₹47.00₹81.1410
Jun ’24₹72.60
₹68.80
-5.2%
15.1%₹80.00₹47.00₹76.4010
May ’24₹61.45
₹65.11
+6.0%
17.3%₹80.00₹47.00₹82.159
Apr ’24₹55.05
₹59.20
+7.5%
21.5%₹75.00₹36.00₹77.5010
Mar ’24₹55.70
₹59.18
+6.3%
20.5%₹75.00₹36.00₹82.2011
Feb ’24₹56.50
₹59.18
+4.7%
20.5%₹75.00₹36.00₹83.4011
Jan ’24₹58.80
₹54.73
-6.9%
21.0%₹70.00₹36.00₹87.8011
Dec ’23₹58.75
₹54.73
-6.8%
21.0%₹70.00₹36.00₹86.1011
Nov ’23₹55.70
₹53.27
-4.4%
22.3%₹70.00₹35.00₹81.1011

Analyst Forecast: Target price is less than 20% higher than the current share price.

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