State Bank of India Stock Hits Record High of Rs.1153.85 on 10 Feb 2026

Record-Breaking Price Movement

Today’s peak price of Rs.1153.85 represents a significant achievement for SBI, which has been on a consistent upward trend. The stock has recorded gains for two consecutive days, delivering a 7.51% return over this short period. Despite a marginal dip of 0.08% on the day, SBI’s performance remains impressive when viewed against the broader market, with the Sensex rising by 0.22% in comparison.

The stock is trading comfortably above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bullish momentum. This technical strength complements the fundamental factors driving the stock’s ascent.

Long-Term Outperformance Against Benchmarks

SBI’s market performance over various time horizons has consistently outpaced the Sensex and the BSE500 index. Over the past year, the stock has surged by 55.39%, compared to the Sensex’s 8.98% gain. Year-to-date returns stand at 16.58%, while the Sensex has declined by 1.13% in the same period.

Extending the horizon, SBI has delivered a remarkable 107.07% return over three years and an extraordinary 620.35% over the last decade, far exceeding the Sensex’s respective returns of 38.84% and 254.62%. This long-term outperformance highlights the bank’s ability to generate sustained shareholder value.

Financial Strength and Market Leadership

With a market capitalisation of Rs.10,57,783 crores, SBI stands as the largest entity in the public sector banking sector, accounting for 49.13% of the sector’s total market cap. Its annual sales of Rs.4,79,872.11 crores represent 37.48% of the industry’s aggregate revenue, underscoring its dominant market share.

The bank’s financial metrics reinforce its leadership position. The latest quarterly results for December 2025 reveal a record Profit After Tax (PAT) of Rs.21,028.15 crores, the highest reported to date. Net Interest Income (NII) also reached an all-time high of Rs.45,190.36 crores, reflecting strong core banking operations.

Importantly, SBI maintains a low Gross Non-Performing Assets (NPA) ratio of 1.57%, the lowest recorded in recent quarters, indicating prudent lending practices and asset quality management.

Institutional Confidence and Quality Scores

Institutional investors hold a significant 37.53% stake in SBI, reflecting confidence from entities with extensive analytical resources. This level of institutional ownership often correlates with stability and a focus on fundamentals.

MarketsMOJO assigns SBI a Mojo Score of 71.0 and a Mojo Grade of Buy, upgraded from Hold on 11 Aug 2025. The market cap grade is 1, indicating the highest tier in market capitalisation within its sector.

Valuation and Profitability Considerations

Despite its strong performance, SBI’s valuation metrics suggest a premium positioning. The stock trades at a Price to Book Value of 2, which is elevated relative to peer averages. Return on Assets (ROA) stands at 1.1%, reflecting moderate profitability on asset utilisation.

While the stock’s price has appreciated by 55.39% over the past year, profit growth has been more modest at 3.5%, resulting in a Price/Earnings to Growth (PEG) ratio of 14. This indicates that the market is pricing in substantial growth expectations relative to current earnings expansion.

Sector and Market Context

SBI’s sector, Public Sector Banks, remains a critical component of India’s financial system. The bank’s substantial share of the sector’s market cap and sales highlights its pivotal role. Its ability to outperform the sector and broader market indices over multiple time frames demonstrates resilience and effective management.

Performance comparisons show that SBI has outpaced the Sensex and BSE500 indices consistently, with returns of 14.50% over one month and 20.29% over three months, compared to Sensex returns of 0.81% and 0.86% respectively. This relative strength is a testament to the bank’s market leadership and investor confidence.

Summary of Key Metrics

To summarise, SBI’s key financial and market metrics as of 10 Feb 2026 are:

• All-time high stock price: Rs.1153.85
• Market Capitalisation: Rs.10,57,783 crores
• Annual Sales: Rs.4,79,872.11 crores
• Quarterly PAT: Rs.21,028.15 crores (highest recorded)
• Quarterly NII: Rs.45,190.36 crores (highest recorded)
• Gross NPA Ratio: 1.57% (lowest recent level)
• Mojo Score: 71.0 with a Buy grade (upgraded from Hold)
• Institutional Holdings: 37.53%
• Price to Book Value: 2
• Return on Assets: 1.1%
• PEG Ratio: 14

These figures collectively illustrate a company that has delivered strong financial results and market performance, culminating in the recent all-time high stock price.

Conclusion

State Bank of India’s achievement of a new all-time high price is a significant milestone reflecting its sustained growth, market dominance, and financial strength. The bank’s consistent outperformance relative to major indices and its sector peers underscores its pivotal role in India’s banking landscape. While valuation metrics indicate a premium, the underlying fundamentals and institutional support provide a solid foundation for the stock’s current market standing.

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