KOTAK MAHINDRA BANK LTD Peer Comparison
KOTAKBANK · Financial Services · Current price ₹422.8
Peers tracked
11
KOTAK MAHINDRA BANK LTD P/E
21.8x
Sector
Financial Services
KOTAK MAHINDRA BANK LTD vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| HDFC BANK LTD | ₹711.9 | 16.1x | 10,82,761 |
| ICICI BANK LTD. | ₹1,438 | 18.5x | 10,27,850 |
| STATE BANK OF INDIA | ₹1,034.5 | 11.7x | 9,54,938 |
| KOTAK MAHINDRA BANK LTD | ₹425 | 20.6x | 4,21,520 |
| AXIS BANK LIMITED | ₹1,258 | 16.1x | 3,91,646 |
| UNION BANK OF INDIA | ₹184.9 | 6.9x | 1,41,163 |
| PUNJAB NATIONAL BANK | ₹115.22 | 6.7x | 1,32,419 |
| BANK OF BARODA | ₹237.7 | 6.8x | 1,22,401 |
| INDIAN BANK | ₹881.75 | 9.4x | 1,17,684 |
| CANARA BANK | ₹125.6 | 6.4x | 1,13,320 |
| IDBI BANK LIMITED | ₹92.06 | 9.8x | 97,589 |
KOTAK MAHINDRA BANK LTD versus its peers
KOTAK MAHINDRA BANK LTD operates in the Financial Services space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 21.8x may be cheap in one industry and expensive in another.
More on KOTAK MAHINDRA BANK LTD
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

