HDFC Bank Ltd (HDB)

Market price: $21.36

5 valuation methods

• Dividend Discount Model (DDM): $8.01 to $13.11 (midpoint $9.96)
• P / Tangible Book: $14.95 to $24.62 (midpoint $19.73)
• P / E: $17.72 to $28.24 (midpoint $21.12)
• P / B: $19.45 to $33.55 (midpoint $24.71)
• P / E — normalized: $18.46 to $32.02 (midpoint $26.02)