In the current market session, HDFC Bank Inc. (NYSE:HDB) share price is at $63.98, after a 1.04% drop. Over the past month, the stock spiked by 9.33%, but over the past year, it actually decreased by 6.31%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
HDFC Bank P/E Compared to Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical ...