Axis Free Cash Flow Yield vs Ptb Ratio Analysis

AXB Stock

USD 70.20 0.60 0.85%

Axis Bank financial indicator trend analysis is way more than just evaluating Axis Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axis Bank is a good investment. Please check the relationship between Axis Bank Free Cash Flow Yield and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Axis Bank's Free Cash Flow Yield and Ptb Ratio is 0.15. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Axis Bank Ltd, assuming nothing else is changed. The correlation between historical values of Axis Bank's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Axis Bank Ltd are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Axis Bank's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Axis Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axis Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Axis Bank's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 12.42 this year, although the value of Selling General Administrative will most likely fall to about 3.2 B.

	2021	2022	2023	2024 (projected)
Net Interest Income	339.2B	440.6B	513.7B	355.2B
Tax Provision	47.7B	77.7B	87.5B	46.9B

Net Interest Income Tax Provision

Axis Bank fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Net Receivables
Total Assets		0.87	1.0	0.99	0.98	0.99	0.07	0.89	1.0	0.77	0.99	-0.6	0.92	-0.82	0.92	0.82	1.0	0.97	0.93	0.73	0.97	0.97	0.91	0.84	0.88	-0.53
Other Current Liab	0.87		0.88	0.9	0.85	0.91	0.32	0.83	0.88	0.5	0.89	-0.37	0.78	-0.52	0.75	0.66	0.87	0.91	0.94	0.47	0.86	0.84	0.77	0.73	0.82	-0.33
Total Current Liabilities	1.0	0.88		0.99	0.99	0.99	0.05	0.89	1.0	0.78	1.0	-0.54	0.9	-0.82	0.93	0.78	1.0	0.97	0.92	0.73	0.96	0.96	0.88	0.82	0.88	-0.47
Total Stockholder Equity	0.99	0.9	0.99		0.98	1.0	0.06	0.9	0.99	0.77	0.99	-0.59	0.92	-0.79	0.91	0.8	0.99	0.97	0.93	0.72	0.98	0.97	0.91	0.84	0.87	-0.53
Other Liab	0.98	0.85	0.99	0.98		0.98	0.06	0.81	0.99	0.76	0.99	-0.51	0.85	-0.78	0.93	0.81	0.98	0.96	0.9	0.67	0.94	0.96	0.84	0.82	0.92	-0.44
Net Tangible Assets	0.99	0.91	0.99	1.0	0.98		0.04	0.9	0.99	0.78	0.99	-0.53	0.92	-0.79	0.92	0.76	0.99	0.96	0.92	0.72	0.97	0.95	0.9	0.8	0.86	-0.46
Net Debt	0.07	0.32	0.05	0.06	0.06	0.04		-0.03	0.05	-0.54	0.09	-0.09	-0.17	0.36	-0.08	0.29	0.07	0.26	0.4	-0.46	-0.02	0.14	-0.16	0.35	0.36	-0.13
Retained Earnings	0.89	0.83	0.89	0.9	0.81	0.9	-0.03		0.88	0.76	0.86	-0.51	0.91	-0.81	0.84	0.56	0.89	0.86	0.85	0.86	0.89	0.83	0.9	0.66	0.6	-0.44
Accounts Payable	1.0	0.88	1.0	0.99	0.99	0.99	0.05	0.88		0.77	1.0	-0.54	0.9	-0.82	0.93	0.79	1.0	0.97	0.92	0.72	0.96	0.96	0.88	0.82	0.88	-0.47
Cash	0.77	0.5	0.78	0.77	0.76	0.78	-0.54	0.76	0.77		0.75	-0.47	0.85	-0.85	0.85	0.51	0.77	0.66	0.51	0.91	0.8	0.73	0.84	0.51	0.49	-0.39
Other Assets	0.99	0.89	1.0	0.99	0.99	0.99	0.09	0.86	1.0	0.75		-0.54	0.88	-0.78	0.93	0.8	0.99	0.98	0.93	0.69	0.96	0.97	0.87	0.84	0.91	-0.48
Good Will	-0.6	-0.37	-0.54	-0.59	-0.51	-0.53	-0.09	-0.51	-0.54	-0.47	-0.54		-0.65	0.49	-0.44	-0.82	-0.6	-0.61	-0.54	-0.44	-0.66	-0.68	-0.69	-0.81	-0.51	0.99
Common Stock Shares Outstanding	0.92	0.78	0.9	0.92	0.85	0.92	-0.17	0.91	0.9	0.85	0.88	-0.65		-0.84	0.82	0.73	0.92	0.85	0.8	0.81	0.93	0.85	1.0	0.69	0.67	-0.58
Inventory	-0.82	-0.52	-0.82	-0.79	-0.78	-0.79	0.36	-0.81	-0.82	-0.85	-0.78	0.49	-0.84		-0.77	-0.54	-0.82	-0.68	-0.64	-0.89	-0.78	-0.73	-0.83	-0.52	-0.53	0.4
Other Current Assets	0.92	0.75	0.93	0.91	0.93	0.92	-0.08	0.84	0.93	0.85	0.93	-0.44	0.82	-0.77		0.66	0.92	0.9	0.8	0.81	0.87	0.9	0.8	0.72	0.77	-0.36
Other Stockholder Equity	0.82	0.66	0.78	0.8	0.81	0.76	0.29	0.56	0.79	0.51	0.8	-0.82	0.73	-0.54	0.66		0.82	0.84	0.8	0.37	0.78	0.86	0.74	0.91	0.88	-0.79
Total Liab	1.0	0.87	1.0	0.99	0.98	0.99	0.07	0.89	1.0	0.77	0.99	-0.6	0.92	-0.82	0.92	0.82		0.97	0.93	0.73	0.96	0.97	0.91	0.84	0.88	-0.53
Net Invested Capital	0.97	0.91	0.97	0.97	0.96	0.96	0.26	0.86	0.97	0.66	0.98	-0.61	0.85	-0.68	0.9	0.84	0.97		0.97	0.63	0.94	0.97	0.85	0.9	0.91	-0.56
Long Term Investments	0.93	0.94	0.92	0.93	0.9	0.92	0.4	0.85	0.92	0.51	0.93	-0.54	0.8	-0.64	0.8	0.8	0.93	0.97		0.54	0.88	0.91	0.79	0.85	0.88	-0.5
Total Current Assets	0.73	0.47	0.73	0.72	0.67	0.72	-0.46	0.86	0.72	0.91	0.69	-0.44	0.81	-0.89	0.81	0.37	0.73	0.63	0.54		0.73	0.66	0.8	0.45	0.35	-0.36
Common Stock	0.97	0.86	0.96	0.98	0.94	0.97	-0.02	0.89	0.96	0.8	0.96	-0.66	0.93	-0.78	0.87	0.78	0.96	0.94	0.88	0.73		0.96	0.93	0.85	0.82	-0.6
Property Plant Equipment	0.97	0.84	0.96	0.97	0.96	0.95	0.14	0.83	0.96	0.73	0.97	-0.68	0.85	-0.73	0.9	0.86	0.97	0.97	0.91	0.66	0.96		0.84	0.93	0.9	-0.63
Capital Stock	0.91	0.77	0.88	0.91	0.84	0.9	-0.16	0.9	0.88	0.84	0.87	-0.69	1.0	-0.83	0.8	0.74	0.91	0.85	0.79	0.8	0.93	0.84		0.7	0.66	-0.62
Property Plant And Equipment Net	0.84	0.73	0.82	0.84	0.82	0.8	0.35	0.66	0.82	0.51	0.84	-0.81	0.69	-0.52	0.72	0.91	0.84	0.9	0.85	0.45	0.85	0.93	0.7		0.87	-0.79
Property Plant And Equipment Gross	0.88	0.82	0.88	0.87	0.92	0.86	0.36	0.6	0.88	0.49	0.91	-0.51	0.67	-0.53	0.77	0.88	0.88	0.91	0.88	0.35	0.82	0.9	0.66	0.87		-0.47
Net Receivables	-0.53	-0.33	-0.47	-0.53	-0.44	-0.46	-0.13	-0.44	-0.47	-0.39	-0.48	0.99	-0.58	0.4	-0.36	-0.79	-0.53	-0.56	-0.5	-0.36	-0.6	-0.63	-0.62	-0.79	-0.47

Click cells to compare fundamentals

Axis Bank Account Relationship Matchups

Axis Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3T	10.1T	12.0T	13.4T	15.2T	11.8T
Other Current Liab	37.9B	36.9B	70.3B	85.0B	97.7B	61.4B
Total Current Liabilities	6.5T	7.1T	8.3T	9.5T	10.9T	7.6T
Total Stockholder Equity	863.4B	1.0T	1.2T	1.3T	1.6T	1.1T
Other Liab	369.8B	357.5B	431.5B	622.0B	715.4B	409.9B
Net Tangible Assets	860.5B	1.0T	1.2T	1.3T	1.5T	1.0T
Net Debt	29.9B	308.7B	874.3B	975.1B	1.1T	789.4B
Retained Earnings	418.3B	482.0B	617.3B	477.7B	549.3B	502.9B
Accounts Payable	6.4T	7.0T	8.2T	9.5T	10.9T	7.5T
Cash	1.4T	1.1T	1.1T	1.1T	1.2T	1.1T
Other Assets	6.5T	6.9T	8.1T	9.4T	10.8T	7.6T
Common Stock Shares Outstanding	2.8B	3.1B	3.1B	3.1B	3.1B	3.2B
Other Current Assets	397.4B	859.0B	482.4B	935.4B	1.1T	671.4B
Other Stockholder Equity	27.8B	35.1B	43.7B	1.3T	1.5T	1.6T
Total Liab	8.4T	9.1T	10.8T	12.1T	13.6T	10.7T
Net Invested Capital	2.3T	2.4T	3.2T	3.4T	3.9T	3.1T
Long Term Investments	1.2T	1.9T	2.7T	2.9T	3.3T	2.4T
Total Current Assets	1.5T	1.2T	1.6T	1.1T	1.3T	1.3T
Common Stock	5.6B	6.1B	6.1B	6.2B	7.1B	6.3B
Property Plant Equipment	43.9B	43.3B	46.8B	48.5B	55.8B	48.5B
Capital Stock	5.6B	6.1B	6.1B	6.2B	6.2B	6.5B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Note that the Axis Bank information on this page should be used as a complementary analysis to other Axis Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Axis Bank's price analysis, check to measure Axis Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axis Bank is operating at the current time. Most of Axis Bank's value examination focuses on studying past and present price action to predict the probability of Axis Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axis Bank's price. Additionally, you may evaluate how the addition of Axis Bank to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Axis Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axis Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axis Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Axis Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Axis Bank fundamental ratios Correlations

Axis Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axis Bank fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Axis Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Total Current Assets	- 0.89	Inventory
Inventory	- 0.85	Cash
Inventory	- 0.84	Common Stock Shares Outstanding
Capital Stock	- 0.83	Inventory
Total Liab	- 0.82	Inventory
Other Stockholder Equity	- 0.82	Good Will