IDBI Bank disinvestment moves forward with valuation scrutiny
after close1 source ↓written by the desknot a recommendation
- in Q3 FY26
- 1.8% return on assets
- its trailing book
- 1.8 times
- P/E ratio
- 10-11
The government's push for IDBI Bank's privatization has gained momentum with the invitation for financial bids, aiming for completion by March 2026. Analysts are closely examining the bank's valuation amid its 1.8% return on assets in Q3 FY26 and a GNPA ratio of 2.2%. Currently trading at 1.8 times its trailing book value, IDBI's valuation is under scrutiny compared to peers like State Bank of India with a P/E ratio of 10-11.
This intensified focus on valuation could influence investor sentiment and trading strategies in the banking sector.
Not investment advice. For informational purposes only.