EN DE
STOCK COMPARISON

DBS Group Holdings vs IndusInd Bank: Fair Value & Quality

Both stocks run through our valuation models. Here is how DBS Group Holdings (D05) and IndusInd Bank (INDUSINDBK) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees DBS Group Holdings as the less overvalued of the two: DBS Group Holdings trades at S$78.65 versus a fair value of S$40.48 (-49%), while IndusInd Bank trades at ₹1,009 versus ₹171 (-83%).
DBS Group Holdings
D05.SG · SGD · Financials
-49%
upside to fair value
overvalued
PriceS$78.65
Fair ValueS$40.48
Quality65/100
IndusInd Bank
INDUSINDBK.NSE · INR · Financials
-83%
upside to fair value
overvalued
Price₹1,009
Fair Value₹171
Quality44/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

DBS Group HoldingsIndusInd Bank
Valuation
18.7×P/E (TTM)59.1×
7.23×P/S (TTM)4.52×
2.34×P/B1.19×
EV/EBITDA46.7×
3.44×PEG0.72×
−48.5%Fair value upside−83.0%
3.6%Dividend yield0.1%
S$2.85Dividend per share₹1.50
Profitability
60%Operating margin27%
0.99×EBIT margin trend (5Y)0.20×
16%Return on equity1%
1%Return on assets0%
Growth
3%Revenue growth (YoY)1%
11.6%Avg. growth/yr (3Y)6.5%
9.4%Avg. growth/yr (5Y)8.9%
+12.6%Value creation/yr−28.6%
Balance & size
0.6×Interest coverage (EBIT/interest)
0.69×Debt / equity0.82×
$161BMarket cap$8B
healthyGrowth qualitymixed

DBS Group Holdings leads: 11 to 3 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

DBS Group Holdingsof which business quality 61 · market factors 96 IndusInd Bankof which business quality 41 · market factors 72
ProfitabilityMargins and returns on capital today
38
13
Quality GrowthAre margins and returns improving?
54
22
CashflowEarnings quality: real cash, not paper profit
84
48
Fin. StrengthBalance sheet, leverage, solvency risk
56
30
InvestmentDisciplined investing over empire-building
78
80
Low VolatilityCalm price path (market factor)
99
85
MomentumPrice trend over the last 3–12 months (market factor)
91
61
52W MomentumDistance to the 52-week high (market factor)
100
76
Net IssuanceBuybacks instead of dilution
65
81

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyDBS Group HoldingsPrice S$78.65IndusInd BankPrice ₹1,009
Dividend Discount-30%below the priceS$54.87-69%below the price₹315
Multiples-47%below the priceS$42.04-83%below the price₹171
Asset-Based-79%below the priceS$16.26-44%below the price₹565
Economic Profit-59%below the priceS$32.23-44%below the price₹569
Minimum-79%below the priceS$16.26-83%below the price₹171
Maximum-30%below the priceS$54.87-44%below the price₹569
Median-53%below the priceS$37.13-56%below the price₹440
Geometric mean-58%below the priceS$33.16-64%below the price₹363

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

DBS Group Holdings: 6 of 6 models see the stock below the current price.

IndusInd Bank: 6 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

DBS Group Holdings
Bear S$30.36Fair Value S$40.48Bull S$50.60
S$78.65 = current price (white tick)
IndusInd Bank
Bear ₹128Fair Value ₹171Bull ₹214
₹1,009 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

DBS Group Holdings · Financials

Quality score65 · Top 25%
Fair value upside-49% · bottom 25%

IndusInd Bank · Financials

Quality score44 · bottom 25%
Fair value upside-83% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees DBS Group Holdings as the less overvalued of the two: DBS Group Holdings trades at S$78.65 versus a fair value of S$40.48 (-49%), while IndusInd Bank trades at ₹1,009 versus ₹171 (-83%).

DBS Group Holdings has the higher quality score (65/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.