Prices, Market Cap & Valuation
§55 — what the market pays for each lender, and how that has moved.
Tijori publishes no price time series, so market cap and implied price here are derived, annual, FY-end figures: market cap = P/B × book value (Tijori's “Book Value” is total equity in ₹ crore), implied price = market cap ÷ shares. Validated against Tijori's reported live market cap at a median ratio of 0.81× — the gap is FY-end versus today's pricing. The returns ladder is Tijori's own index data; * marks annualised figures. A live daily price feed would need an external source.
Banks with derived market cap
41
Aggregate market cap
5136341
₹ crore, FY-end
Median P/B
1.07x
Banks with returns data
27
of 41 — TJI index members only
Market capitalisation — every bank
Derived FY-end, ₹ crore. Hover for the exact figure.
Total return — 1Y
Tijori index data. * = annualised.
History — top 8 by market cap
Hover any line for the bank and its value.
Size versus valuation
Market cap against P/B — each point is a bank.
Valuation table
Derived FY-end market cap with reported multiples.
| Bank | Mcap ₹cr | Price ₹ | BVPS ₹ | P/B | P/E |
|---|---|---|---|---|---|
| HDFC Bank | 11,36,954 | 739 | 381 | 1.94x | 14.82x |
| State Bank Of India | 9,59,771 | 1040 | 646 | 1.61x | 10.86x |
| ICICI Bank | 8,78,605 | 1227 | 507 | 2.42x | 15.92x |
| Axis Bank | 3,63,409 | 1169 | 691 | 1.69x | 13.69x |
| Kotak Mahindra Bank | 3,51,578 | 353 | 182 | 1.94x | 18.21x |
| Union Bank Of India | 1,33,551 | 175 | 175 | 1.00x | 6.45x |
| Bank Of Baroda | 1,27,718 | 247 | 321 | 0.77x | 6.45x |
| Indian Bank | 1,24,867 | 925 | 593 | 1.56x | 9.74x |
| PNB | 1,24,477 | 108 | 131 | 0.83x | 6.28x |
| Canara Bank | 1,18,882 | 131 | 130 | 1.01x | 6.27x |
| IDBI Bank | 74,735 | 70 | 64 | 1.09x | 7.18x |
| Bank Of India | 68,369 | 150 | 198 | 0.76x | 6.05x |
| Indian Overseas Bank | 66,584 | 35 | 19 | 1.80x | 11.16x |
| Federal Bank | 66,471 | 270 | 163 | 1.66x | 14.71x |
| AU Small Fin. Bank | 63,917 | 854 | 267 | 3.20x | 23.88x |
| Indusind Bank | 59,166 | 759 | 844 | 0.90x | 65.95x |
| Yes Bank | 54,227 | 17 | 16 | 1.06x | 15.41x |
| IDFC First Bank | 50,722 | 59 | 55 | 1.07x | 31.41x |
| Bank of Maharashtra | 49,838 | 65 | 43 | 1.50x | 6.72x |
| UCO Bank | 49,725 | 40 | 25 | 1.61x | 18.16x |
| CentralBank of India | 31,591 | 35 | 43 | 0.81x | 6.29x |
| Karur Vysya Bank | 27,934 | 289 | 146 | 1.98x | 11.13x |
| Bandhan Bank | 23,018 | 143 | 159 | 0.90x | 18.60x |
| RBL Bank | 18,062 | 292 | 271 | 1.08x | 20.38x |
| City Union Bank | 17,855 | 240 | 142 | 1.69x | 13.44x |
| Punjab & Sind Bank | 15,828 | 22 | 20 | 1.12x | 11.06x |
| J&K Bank | 13,365 | 122 | 150 | 0.81x | 5.13x |
| Ujjivan Small Fin | 9,951 | 51 | 35 | 1.46x | 14.17x |
| Tamilnad Mercantile | 9,200 | 581 | 638 | 0.91x | 6.87x |
| South Indian Bank | 9,019 | 34 | 44 | 0.79x | 6.15x |
| Karnataka Bank | 8,860 | 234 | 350 | 0.67x | 6.44x |
| CSB Bank | 6,166 | 355 | 282 | 1.26x | 9.31x |
| Equitas Small Fin. | 5,941 | 52 | 54 | 0.97x | 57.20x |
| DCB Bank | 5,424 | 169 | 203 | 0.83x | 6.97x |
| Jana Small Fin. Bank | 3,800 | 361 | 425 | 0.85x | 11.60x |
| Fino Payments Bank | 1,972 | 237 | 90 | 2.64x | 20.52x |
| Utkarsh Small Fin. | 1,860 | 10 | 16 | 0.67x | 0.00x |
| ESAF Small Finance | 1,036 | 20 | 35 | 0.58x | 0.00x |
| Capital Small Fin. | 1,008 | 222 | 322 | 0.69x | 7.11x |
| Dhanlaxmi Bank | 884 | 22 | 37 | 0.60x | 7.62x |
| Suryoday Small Fin. | — | — | — | — | 8.31x |