Wellspring of Variation SS df MS F P-esteem F crit

Between Groups 1.328 4 0.332 4.553559 0.008891 2.866081

Inside Groups 1.4582 20 0.07291

All out 2.7862 24

Consequence of Hypothesis testing:

From the table 6, as the determined worth 4.553559 is more prominent than the basic estimation of 2.866081 at 5% noteworthiness level, the invalid theory is dismissed and Alternative speculation is acknowledged. Thus there is a huge distinction between the ROA of HDFC, ICICI, AXIS, YES Kotak Mahindra banks.

Cost to Earnings Ratio (P/E): The value income proportion demonstrates the dollar sum a financial specialist can hope to put resources into an organization so as to get one dollar of that organization’s profit. This explanation behind P/E proportion now and then being alluded to as the value various is on the grounds that it shows how much financial specialists are eager to pay per dollar of profit

P/E = Market esteem per share/Earning per share

Table 7 – Price to Earnings proportion ( P/E Ratio in %)

HDFC ICICI AXIS YES KOTAK MAHINDRA

2014 17.7 10.7 10.9 8.5 21.7

2015 21.3 14.8 43.1 13.7 27.5

2016 20.3 14.7 14.9 12.4 36

2017 21.2 14.5 14 16.3 28.7

2018 24.1 22.9 32 11.8 30.7

Normal 20.92 15.52 22.98 12.54 28.92

SOURCE: http://equitymaster.com

Translation: From the Table 7, we can see that the Price to Earnings proportion of Kotak Mahindra bank is most elevated with 28.92% followed by Axis keep money with 22.98%. The most reliable bank in term of P/E proportion is Kotak Mahindra.

Table 8 – One Way ANOVA for P/E Ratio

ANOVA

Wellspring of Variation SS df MS F P-esteem F crit

Between Groups 824.302 4 206.0754 4.045041 0.01458 2.866081

Inside Groups 1018.9 20 50.9452

All out 1843.21 24

Consequences of Hypothesis testing:

From the table 8, as the determined worth 4.045041 is more prominent than basic estimation of 2.866081 at 5% noteworthiness level, the invalid theory is dismissed and elective speculation is acknowledged. Subsequently there is a critical distinction between the P/E proportion of HDFC, ICICI, AXIS, YES and Kotak Mahindra banks.

Obligation to Equity Ratio (D/E): The obligation/value proportion quantifies an organization’s obligation comparative with the estimation of its net resources;. A higher the obligation/value proportion, higher is the hazard; it implies that an organization has been forceful in financing its development with obligation

D/E = Total Liabilities/Total investor’s value

Table 9 – Debt to Equity Ratio ( D/E proportion in % )

HDFC ICICI AXIS YES KOTAK MAHINDRA

2014 9.4 7.1 8.9 13.4 4.5

2015 8.1 7.1 8.7 10.4 4.7

2016 8.7 7.1 9.0 10.1 5.4

2017 8.1 6.7 8.8 8.2 5.3

2018 8.6 7.4 9.4 10.7 4.9

Normal 8.58 7.08 8.96 10.56 4.96

SOURCE: http://equitymaster.com

Translation: From the table 9, we can be seen that Kotak Mahindra bank has the most minimal D/E proportion with 4.96% followed by ICICI manage an account with 7.08%. The lower Debt to Equity proportion infers that the bank has lower hazard and a greater amount of the bank’s financing is from giving portions of value and not from obligation.

Table 10 – One route ANOVA for D/E Ratio

ANOVA

Wellspring of Variation SS df MS F P-esteem F crit

Between Groups 89.4784 4 22.3696 27.66461 6.69E-08 2.866081

Inside Groups 16.172 20 0.8086