Peer Comparison of IDFC First bank
While IDFC has the best sales/EPS growth, but so is its valuation. Axis and IndusInd looks better in terms of valuation.
Theoretically, ROE/InterestRate should be equal to P/B. In these terms Axis Bank looks the best valued with decent growth
Matter of fact is Private Bank ETF that started in Sept 2021 has given similar returns to IDFC first bank with no concentration risk
| Subscribe To Our Free Newsletter |
