Valuation Industrial and Commercial Bank of China Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 08:08:28 23/01/2026 GMT			5-day change	1st Jan Change
6.150 ^HKD	-0.32%		-3.15%	-2.23%

01-23	UK, China to Revive Business Dialogue During Prime Minister's Visit to Beijing	MT
01-21	ICBC Applies For Global Note Program Listing on Hong Kong Stock Exchange	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	2,420,529	2,420,529	-
Change	-	-8.96%	-5.17%	7.5%	44.09%	5.67%	0%	-
Enterprise Value (EV)	1,712,977	1,559,423	1,478,751	1,589,701	2,290,644	2,420,529	2,420,529	2,420,529
Change	-	-8.96%	-5.17%	7.5%	44.09%	5.67%	0%	0%
P/E ratio	4.92x	3.77x	3.67x	3.54x	5x	5.51x	5.41x	5.23x
PBR	0.57x	0.44x	0.4x	0.36x	0.48x	0.5x	0.47x	0.44x
PEG	-	0.4x	1.74x	3.43x	-	3.17x	2.97x	1.52x
Capitalization / Revenue	1.94x	1.81x	1.76x	1.97x	2.91x	2.99x	2.91x	2.81x
EV / Revenue	0x	0x	0x	0x	0x	2.99x	2.91x	2.81x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.42x	4.24x	4.04x
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%	5.65%	5.74%	5.93%
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	809,418	832,299	861,524
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	391,382	624,653	600,557	567,760	543,971	547,766	570,365	598,755
Net income ¹	315,906	338,731	360,483	363,993	365,863	359,917	368,304	379,899
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	4.235	3.585	3.556	3.467	4.896	5.491	5.491	5.491
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	26/03/21	30/03/22	30/03/23	27/03/24	28/03/25	-	-	-

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	5.53x	-	-	5.62%	350B
JPMORGAN CHASE & CO.	14.97x	-	-	1.91%	819B
BANK OF AMERICA CORPORATION	13.78x	-	-	2.07%	378B
HSBC HOLDINGS PLC	14.28x	-	-	4.22%	288B
WELLS FARGO & COMPANY	13.94x	-	-	1.93%	272B
CHINA CONSTRUCTION BANK CORPORATION	5.28x	-	-	5.65%	261B
ROYAL BANK OF CANADA	15.08x	-	-	2.89%	236B
BANK OF CHINA LIMITED	5.46x	-	-	5.52%	229B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.7x	-	-	2.64%	202B
BANCO SANTANDER, S.A.	11.97x	-	-	2.15%	183B
Average	11.50x			3.46%	321.84B
Weighted average by Cap.	12.01x			3.23%