Which stock is cheaper: HDFCBANK or AXISBANK?

Based on Price to Earnings, HDFCBANK trades at a P/E of 13.2 while AXISBANK trades at a P/E of 13.9.

Does HDFCBANK or AXISBANK have higher ROCE?

HDFCBANK generates an ROCE of 32.4% compared to AXISBANK's ROCE of 1.5%.

HDFC BANK LTD (HDFCBANK) has a market cap of ₹10,91,701 Cr compared to AXIS BANK LIMITED (AXISBANK) with ₹3,87,933 Cr.

HDFCBANKFinancial Services

Leads (3/5)

₹692.80+1.39%

Market Cap: ₹10,91,701 Cr

AXISBANKFinancial Services

₹1,217.00-0.65%

Market Cap: ₹3,87,933 Cr

Automated quantitative breakdown of fundamental strengths between HDFCBANK and AXISBANK.

Attractive ValuationHDFCBANK (P/E 13.2)Trades at lower Price-to-Earnings

Capital EfficiencyHDFCBANK (ROCE 32.4%)Superior operating return on capital

Balance Sheet SafetyAXISBANKLower debt-to-equity ratio

Shareholder YieldHDFCBANK (25.98%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	HDFCBANK	AXISBANK
Valuation Multiples
Market Capitalization	₹10,91,701 Cr	₹3,87,933 Cr
Price to Earnings (P/E)	13.23	13.88
Price to Book (P/B)	4.51	1.70
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	32.42%	1.54%
Return on Equity (ROE)	32.02%	26.70%
Operating Profit Margin (OPM)	N/A	49.18%
Net Profit Margin (NPM)	N/A	34.46%
Balance Sheet & Solvency
Debt to Equity Ratio	2.74	2.71
Dividend Yield	25.98%	8.00%
Historical Growth
3-Year Sales Growth (CAGR)	-100.00%	-32.30%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	N/A	₹22,998 Cr
Quarterly Net Profit	₹20,383 Cr	₹7,632 Cr