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On 6 Nov 2026, State Bank of India was priced at ₹1,018.50, or 10.4× trailing earnings, and the shares are 18% below their 52-week high. It earns ROE of 15%, and net profit grew 14% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 1.40× book value and its dividend yield is 1.7%. It is a large-cap company with a market cap of ₹9.4 lakh crore, ranked 3rd of 41 Banks (Regional) companies by market cap; the shares rose 5.1% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹996.00
Day high
₹1,020.00
Day low
₹990.50
Prev. close
₹1,006.40
Volume
1.6 Cr

Health check

2 good · 4 fair
  • ReturnsIn line

    +5.1% over a year, better than 4 of 7 peers.

  • Price tagCheaper

    P/B 1.40 vs peer median 1.78.

  • GrowthSteady

    Profit +14.4% a year over 3 years.

  • ProfitabilityAverage

    ROE 14.7% vs peer median 13.9%.

  • Balance sheetFair

    Return on assets 1.15%. Bad-loan data isn’t covered.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Banks - Regional

40 listed peers. Screen the industry

Large cap

₹9.4L Cr, #3 of 41 in its industry by size.

Defensive

Beta 0.38 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹3,92,442 Cr · profit ₹90,434 Cr
Market cap
₹9.4L Cr
Large cap
P/E
10.4
Industry 9.2
Price to book
1.40
Peers 1.78
Dividend yield
1.70%
ROE
14.7%
Peers 13.9%
ROCE
n/m
Not meaningful for lenders
Debt to equity
n/m
Not meaningful for lenders
EPS (TTM)
₹97.97
Face value ₹1
OPM (TTM)
27.1%
Net margin 23.0%
Sales growth
n/m
Not meaningful for lenders
Profit growth
+20.4%
Latest quarter vs a year ago
Price to sales
2.40

Strengths and risks

Strengths

  • Quarterly profit up 20.4% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About State Bank of India

State Bank of India provides banking products and services in India and internationally. The company operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers personal banking products and services, including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans, as well as loans against insurance property, and securities; debit, business…

Headquarters
Mumbai
Employees
2,45,131
Sector
Financial Services
ISIN
INE062A01020

Price range

52 weeks

₹933.90₹1,234.70

Today

₹990.50₹1,020.00
Avg volume (3M)
94.6 L
1-year return
plus 5.1%
From 52-week high
minus 17.5%

Analyst consensus

39 analysts
Strong buyMean target ₹1,237.97 plus 21.5%

Target range, with today’s price

Low ₹1,030.00High ₹1,350.00

Today’s price ₹1,018.50 is below the lowest analyst target.

Next results expected around 4 Feb 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Banks - Regional

Bank and NBFC columns

Company
HDFCBANKHDFC Bank788.25plus 3.72%12,16,45117.22.0011.0%1.7%12.5%1.65%minus 22.9%
ICICIBANKICICI Bank1,571.20plus 4.75%11,28,25519.32.8916.5%2.1%16.8%0.76%plus 12.2%
SBINState Bank of India1,018.50plus 1.20%9,40,13810.41.4014.7%1.2%14.4%1.70%plus 5.1%
KOTAKBANKKotak Mahindra Bank480.00plus 2.78%4,77,49822.22.4511.8%2.1%8.9%0.14%plus 11.4%
AXISBANKAxis Bank1,322.90plus 3.35%4,11,98513.81.7813.9%1.6%34.6%0.08%plus 4.4%
PNBPunjab National Bank126.55plus 0.36%1,45,4436.40.9015.1%1.1%76.4%2.37%plus 2.3%
UNIONBANKUnion Bank of India187.00minus 0.53%1,42,7486.51.0016.3%1.4%31.7%2.67%plus 24.1%
BANKBARODABank of Baroda250.31plus 0.26%1,29,4446.50.7411.9%1.0%10.0%3.40%minus 13.3%
Median of 7 peers–2.78%4,11,98513.81.7813.9%1.6%16.8%1.65%4.4%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
–67,49471,45067,95871,85570,597
78,266–78,78379,95382,24884,273
–––––6,879
29,229–30,06726,07632,88433,555
26.0%–27.2%22.7%25.3%23.3%
21,201–21,31719,64324,11325,361
23.76–23.0921.2826.1227.47

Profit & loss

Yearly, ₹ crore
Profit CAGR 3Y
+14.4%
EPS CAGR 3Y
+13.5%
ROE
14.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,92,1102,26,9142,45,8692,60,245
–+18.1%+8.4%+5.8%
1,89,9812,59,7363,00,9433,15,005
3,6963,8493,9914,830
−29−25.2−16.2−7.3
75,39991,2401,06,3651,14,028
25.0%25.3%25.7%25.3%
55,64867,08577,56183,299
–+20.6%+15.6%+7.4%
62.3575.1786.9191.16

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
892892892923
3,58,0394,14,0474,86,1445,95,208
5,22,0935,56,5036,18,1257,26,892
50,73,39457,62,33662,09,02369,98,545
59,54,41867,33,77973,14,18583,21,569
44,40744,70846,33857,152
384571574705
19,13,10821,14,31622,23,40424,30,377
5,36,9035,97,5686,20,8496,67,113
34,59,61639,76,61644,23,02051,66,221
59,54,41867,33,77973,14,18583,21,569

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−86,01421,63245,48438,097
−4,041−4,252−5,635−691
6,386−9,896−10,737−3,427
−83,6687,48429,11233,979
−4,044−4,175−5,637−8,363
−90,05717,45739,84729,734
−6,337−10,085−12,227−14,190

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 28.7% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you