Peter Lynch's formula is:
HDFCBANK.NS Fair Value
= Earnings Growth Rate x TTM EPS
HDFCBANK.NS Fair Value
= 23.71 x 89.42
HDFCBANK.NS Fair Value
= 2,119.73
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 5Y Avg | |
| Net income | 272,539.51 | 318,332.09 | 380,527.50 | 459,971.10 | 640,620.40 | 414,398.12 |
| YoY growth | 22.04% | 16.80% | 19.54% | 20.88% | 39.27% | 23.71% |
