Bandhan Bank Adjusts Valuation Grade Amid Competitive Private Banking Landscape

Bandhan Bank has recently undergone a valuation adjustment, reflecting its current financial standing within the private sector banking industry. The bank's price-to-earnings (PE) ratio stands at 11.14, while its price-to-book value is recorded at 1.26. Additionally, the PEG ratio is noted at 0.48, indicating a favorable growth perspective relative to its earnings.
In terms of profitability, Bandhan Bank has reported a return on equity (ROE) of 11.27% and a return on assets (ROA) of 1.43%. The net non-performing assets (NPA) to book value ratio is at 6.95, which provides insight into the bank's asset quality.

When compared to its peers, Bandhan Bank's valuation metrics present a competitive edge. For instance, HDFC Bank and ICICI Bank are positioned at higher valuation levels, with PE ratios of 22.78 and 21.84, respectively. In contrast, IndusInd Bank shares a similar valuation grade but has a significantly higher PE ratio of 25.7. This comparison highlights Bandhan Bank's relative affordability in the current market landscape, despite its recent valuation adjustment.