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State Bank of India State Bank of India

State Bank of India

SBIN
Rank in Stocks #227
State Bank of India provides banking products and services in India and... State Bank of India provides banking products and services in India and internationally. It operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. The company 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 policies, property, and securities; debit, business debit, prepaid, and green remit cards; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. It 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, and cash management, as well as trade and service products. In addition, the company offers NRI services, including accounts, investments, loans, and remittances; agricultural banking services; and international banking services. Further, it provides life and general insurance; estate planning services; merchant banking and advisory; securities broking; trusteeship service; factoring; payment solution; asset management; portfolio and investment management; credit cards; and custody and fund accounting services. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.
Share Price
$11.08
Last synced: 2026-09-10
Market Cap
$102.31B
Change (1 day)
0.15%
Change (1 year)
18.78%
Country
IN
Trade State Bank of India (SBIN)
P/E ratio for State Bank of India (SBIN)
P/E ratio as of September 2026 TTM: 11.17
According to State Bank of India latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.17. 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) 11.17 25.76%
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
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.