Indian Bank provides various banking products and services. The company offers deposit products, including savings bank and current accounts, term deposits, and non resident Indian (NRI) accounts. It also provides agriculture, group, personal/individual, MSME, corporate, education, and NRI loans. In addition, the company provides digital products; and applications supported by blocked amount and centralized pension processing services, as well as central schemes to provide interest subsidy. It operates through 5732 branches in India and 3 overseas branches; and 4925 ATMs and BNAs. The company was incorporated in 1907 and is based in Chennai, India.
P/B ratio for Indian Bank (INDIANB.NS)
P/B ratio as of 2023: 1.12
According to Indian Bank's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.12. At the end of 2022 the company had a P/B ratio of 0.73.
P/B ratio history for Indian Bank from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.12 |
| 2022 | 0.73 |
| 2021 | 0.42 |
| 2020 | 0.33 |
| 2019 | 0.21 |
| 2018 | 1.62 |
| 2017 | 1.82 |
| 2016 | 1.80 |
| 2015 | 0.71 |
| 2014 | 1.30 |
| 2013 | 0.93 |
| 2012 | 1.66 |
| 2011 | 2.53 |
| 2010 | 2.72 |
| 2009 | 2.36 |
| 2008 | 1.28 |
| 2007 | 3.50 |
| 2006 | 2.62 |
| 2005 | 4.46 |
| 2004 | 5.30 |
| 2003 | 6.58 |