Valuation Industrial and Commercial Bank of China Limited

Equities

Delayed Hong Kong S.E. Other stock markets 23:08:06 2026-02-15 EST			5-day change	1st Jan Change
6.400 ^HKD	-0.16%		-1.84%	+1.75%

01-30	London Stock Exchange strikes collaboration deal with China's ICBC	AN
01-23	UK, China to Revive Business Dialogue During Prime Minister's Visit to Beijing	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,712,977	1,559,423	1,478,751	1,589,701	2,290,644	2,407,912	2,407,912	-
Change	-	-8.96%	-5.17%	7.5%	44.09%	5.12%	0%	-
Enterprise Value (EV)	1,712,977	1,559,423	1,478,751	1,589,701	2,290,644	2,407,912	2,407,912	2,407,912
Change	-	-8.96%	-5.17%	7.5%	44.09%	5.12%	0%	0%
P/E ratio	4.92x	3.77x	3.67x	3.54x	5x	5.67x	5.57x	5.39x
PBR	0.57x	0.44x	0.4x	0.36x	0.48x	0.51x	0.48x	0.45x
PEG	-	0.4x	1.74x	3.43x	-	3.26x	3.06x	1.57x
Capitalization / Revenue	1.94x	1.81x	1.76x	1.97x	2.91x	2.98x	2.89x	2.79x
EV / Revenue	0x	0x	0x	0x	0x	2.98x	2.89x	2.79x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.4x	4.23x	4.02x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.2628	0.2933	0.3035	0.3064	0.308	0.3102	0.3152	0.3255
Rate of return	6.2%	8.18%	8.54%	8.84%	6.29%	5.48%	5.57%	5.75%
EPS ²	0.86	0.95	0.97	0.98	0.98	0.997	1.015	1.05
Distribution rate	30.6%	30.9%	31.3%	31.3%	31.4%	31.1%	31.1%	31%
Net sales ¹	882,665	860,880	841,441	806,458	786,126	808,869	832,686	863,041
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	391,382	624,653	600,557	567,760	543,971	547,766	568,907	599,521
Net income ¹	315,906	338,731	360,483	363,993	365,863	359,917	368,304	382,718
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	4.235	3.585	3.556	3.467	4.896	5.657	5.657	5.657
Nbr of stocks (in thousands)	356,406,257	356,406,257	356,406,257	356,406,257	356,406,257	356,406,257	356,406,257	-
Announcement Date	3/26/21	3/30/22	3/30/23	3/27/24	3/28/25	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.68x	-	-	5.48%	349B
JPMORGAN CHASE & CO.	14.91x	-	-	1.92%	816B
BANK OF AMERICA CORPORATION	13.81x	-	-	2.06%	379B
HSBC HOLDINGS PLC	14.28x	-	-	4.24%	289B
CHINA CONSTRUCTION BANK CORPORATION	5.46x	-	-	5.46%	271B
WELLS FARGO & COMPANY	13.77x	-	-	1.96%	269B
ROYAL BANK OF CANADA	14.95x	-	-	2.92%	237B
BANK OF CHINA LIMITED	5.61x	-	-	5.41%	233B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.51x	-	-	2.49%	222B
COMMONWEALTH BANK OF AUSTRALIA	27.01x	-	-	2.88%	208B
Average	13.10x			3.48%	327.43B
Weighted average by Cap.	13.02x			3.24%