Top Markets
Coin of the day
State Bank of India State Bank of India

State Bank of India

SBIN
Rank in Stocks #194
State Bank of India provides banking products and services to individuals,... State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, fixed and recurring deposits, and flexi and annual deposits; home, personal, auto, education, and gold loans, as well as loans against property and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; and mobile and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, cash management, and asset-backed loans, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro-credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and merchant banking, advisory, securities broking, business & management consultancy, trustee business, factoring, payment, asset management, investment management, credit cards, and custody and fund accounting services. It also offers support and business correspondent services. As of March 31, 2022, the company operated 22,266 branches and 65,030 ATMs. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.
Share Price
$11.55
Market Cap
$106.66B
Change (1 day)
-3.52%
Change (1 year)
38.00%
Country
IN
Trade State Bank of India (SBIN)
P/E ratio for State Bank of India (SBIN)
P/E ratio as of March 2026 TTM: 13.54
According to State Bank of India latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.54. At the end of 2024 the company had a P/E ratio of 10.09.
P/E ratio history for State Bank of India from 2005 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 13.54 52.52%
2025 8.88 -11.98%
2024 10.09 20.10%
2023 8.40 -32.54%
2022 12.45 -14.19%
2021 14.51 63.28%
2020 8.89 -92.90%
2019 125.26 -365.81%
2018 -47.12 -104.96%
2017 949.14 7,692.14%
2016 12.18 3.81%
2015 11.73 24.82%
2014 9.40 -7.37%
2013 10.15 -14.84%
2012 11.92 -47.21%
2011 22.57 49.61%
2010 15.09 81.12%
2009 8.33 -45.02%
2008 15.15 22.55%
2007 12.36 -12.18%
2006 14.08 46.25%
2005 9.63 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
18.32 35.28%
IN
12.08 -10.82%
IT
15.47 14.19%
SG
9.02 -33.38%
FR
16.89 24.74%
JP
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.