SBI

{
  "main_header": {
    "sid": 347516,
    "name": "SBI",
    "stock_name": "SBI",
    "full_name": "State Bank of India",
    "name_url": "stocks-analysis/sbi",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "992.95",
    "chg": 3.15,
    "chgp": "0.32%",
    "dir": 1,
    "prev_price": "989.80",
    "mcapval": "916,568.99 Cr",
    "mcap": "Large Cap",
    "scripcode": 500112,
    "symbol": "SBIN",
    "ind_name": "Public Sector Bank",
    "ind_code": 36,
    "sector_id": 70,
    "indexname": "India SENSEX",
    "isin": "INE062A01020",
    "curr_date": "Sep 21, 12:30 PM",
    "curr_time": "12:32 PM",
    "last_traded_at": "Sep 21, 12:30 PM IST",
    "bse_nse_vol": "18.15 lacs",
    "exc_status": "Active",
    "traded_date": "Sep 21, 2026",
    "traded_date_str": "2026 09 21",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/sbi-347516-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "P/E at 18.5x vs Industry's 12.3x: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-position-strengthened-amid-nifty-50-membership-and-institutional-shifts-4199275",
        "imagepath": "",
        "date": "2026-09-21 09:20:13",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Amidst Sector Norms</strong></p>\n                <p>The current P/E of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> stands at approximately 18.5x, compared to the Public Sector Bank industry average of 12.3x. This represents a premium of roughly 1.5 times the sector multiple, suggesting investors are willing to pay more for earnings generated by this large-cap bank. Such a premium often reflects expectations of superior earnings quality, market leadership, or growth prospects relative to peers. However, it also raises questions about whether the valuation is fully justified given recent performance trends — <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"ctx\">previous..."
      },
      {
        "title": "State Bank of India is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/state-bank-of-india-is-rated-hold-4198056",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/StateBankofIndi_mojoScore_4198056.png",
        "date": "2026-09-19 10:10:04",
        "description": "State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 07 September 2026. While the rating change occurred on that date, the analysis below reflects the stock's current position as of 19 September 2026, incorporating the latest fundamentals, returns, and financial metrics to provide investors with an up-to-date perspective."
      },
      {
        "title": "Above Short-Term MAs, Below Long-Term: State Bank of India's Technical Picture",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-position-strengthened-amid-mixed-sector-trends-4196893",
        "imagepath": "",
        "date": "2026-09-18 09:20:13",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Snapshot: P/E Ratio and Sector Comparison</strong></p>\n                <p>The <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> trades at a price-to-earnings (P/E) ratio that aligns closely with the public sector banking industry average, reflecting a valuation that neither commands a significant premium nor a discount. This parity suggests the market is pricing in the bank’s steady fundamentals without exuberance or pessimism. Given the sector’s average P/E hovers around typical levels for public sector banks, the stock’s valuation appears justified by its earnings profile and market position. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>’s market capitalisa..."
      },
      {
        "title": "P/E at 12.5x vs Industry's 12.5x: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-position-strengthened-amid-nifty-50-membership-and-institutional-shifts-4195848",
        "imagepath": "",
        "date": "2026-09-17 09:20:19",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: P/E in Line with Industry</strong></p>\n                <p>The current P/E ratio of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> stands at approximately 12.5, matching the public sector bank industry average. This parity suggests that the market is valuing the stock neither at a premium nor a discount relative to its peers. Such valuation alignment often reflects a consensus view on the company’s earnings prospects and risk profile within the sector. The absence of a valuation premium may indicate that investors are cautious about growth prospects or potential headwinds, despite the bank’s large-cap stature and dominant market position.</p>\n\n                <p><strong>Performance Across Timeframes: Div..."
      },
      {
        "title": "P/E at 22.3 vs Industry's 22: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-dynamics-navigating-index-membership-and-institutional-shifts-4194601",
        "imagepath": "",
        "date": "2026-09-16 09:20:19",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: A Slight Premium in a Competitive Sector</strong></p>\n                <p>The <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> trades at a P/E of approximately 22.3, marginally above the Public Sector Bank industry's average of 22.0. This premium, while not excessive, suggests investors are willing to pay a slight premium for the bank's scale and market position. Given the sector's mixed results—14 positive, 13 flat, and 9 negative among 36 stocks reporting so far—this valuation reflects a cautious optimism. The premium may also be influenced by the bank's robust long-term performance, which has outpaced the Sensex by a wide margin over three, five, and ten years.</p>\n\n                <p><strong>Performanc..."
      },
      {
        "title": "P/E at 22.0 vs Industry's 22.0: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-dynamics-amidst-nifty-50-membership-4192850",
        "imagepath": "",
        "date": "2026-09-15 09:20:16",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Parity with Industry Average</strong></p>\n                <p>The valuation of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> at 22.0 times earnings aligns precisely with the public sector banking sector's average P/E ratio. This parity suggests that the market is pricing the stock in line with its peers, reflecting neither a significant premium nor a discount. Given the bank's large-cap status with a market capitalisation of ₹9,17,708 crores, this valuation level indicates a balanced assessment of its earnings potential relative to sector norms. However, the absence of a valuation premium raises questions about whether the stock's recent performance justifies this level or if underlying risks are being ..."
      },
      {
        "title": "State Bank of India Falls 2.78%: 2 Key Factors Shaping the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-falls-278-2-key-factors-shaping-the-week-4191848",
        "imagepath": "",
        "date": "2026-09-13 09:00:43",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>31 Aug:</strong> Stock opens strong at Rs.1,060.00 (+1.33%) amid upgrade</p>\n                    <p><strong>1 Sep:</strong> MarketsMOJO upgrades SBI to Buy on strong fundamentals</p>\n                    <p><strong>2 Sep:</strong> Technical momentum shifts amid mixed indicator signals</p>\n                    <p><strong>4 Sep:</strong> Week closes steady at Rs.1,017.00 (-2.78% weekly)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.1,046.05</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value..."
      },
      {
        "title": "State Bank of India Falls 1.97%: 3 Key Technical Signals Shaping the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-falls-197-3-key-technical-signals-shaping-the-week-4191693",
        "imagepath": "",
        "date": "2026-09-12 17:01:58",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>07 Sep:</strong> MarketsMOJO downgrades SBI from Buy to Hold amid mixed technical and valuation signals</p>\n                    <p><strong>09 Sep:</strong> SBI forms Death Cross, signalling potential bearish trend</p>\n                    <p><strong>10 Sep:</strong> Technical momentum shifts to mildly bearish amid mixed indicator signals</p>\n                    <p><strong>11 Sep:</strong> Week closes at Rs.997.00 (-1.97%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.1,017.00</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\"..."
      },
      {
        "title": "P/E at 18.5x vs Industry's 14.2x: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-market-dynamics-amidst-nifty-50-membership-4189961",
        "imagepath": "",
        "date": "2026-09-11 09:20:18",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Amidst Sector Norms</strong></p>\n                <p>The current P/E of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> stands at approximately 18.5x, compared to the public sector bank industry's average of 14.2x. This represents a premium of nearly 30% over the sector norm, suggesting that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, this elevated valuation also implies heightened expectations, which may increase sensitivity to earnings misses or macroeconomic headwinds. The premium valuation contrasts with the broader sector's mixed results, where out of 36 public sector banks reporting, 14 posted positive results, 13 were flat, and 9 re..."
      }
    ],
    "total": 909,
    "sid": "347516",
    "stock_news_url": "https://www.marketsmojo.com/news/state-bank-of-india-347516"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "19-Sep-2026",
      "details": "Interaction with Institutional Investors / Analysts",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "15-Sep-2026",
      "details": "Outcome of Investors Interaction",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "08-Sep-2026",
      "details": "Interaction with Institutional Investors",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "State Bank of India has declared <strong>1735%</strong> dividend, ex-date: 15 May 26",
          "dt": "2026-05-15",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "State Bank of India has announced <strong>1:10</strong> stock split, ex-date: 20 Nov 14",
          "dt": "2014-11-20",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "State Bank of India has announced <strong>1:5</strong> rights issue, ex-date: 28 Jan 08",
          "dt": "2008-01-28",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

P/E at 18.5x vs Industry's 12.3x: What the Data Shows for State Bank of India

2026-09-21 09:20:13

Valuation Picture: Premium Amidst Sector Norms

The current P/E of State Bank of India stands at approximately 18.5x, compared to the Public Sector Bank industry average of 12.3x. This represents a premium of roughly 1.5 times the sector multiple, suggesting investors are willing to pay more for earnings generated by this large-cap bank. Such a premium often reflects expectations of superior earnings quality, market leadership, or growth prospects relative to peers. However, it also raises questions about whether the valuation is fully justified given recent performance trends — previous...

Read full news article

State Bank of India is Rated Hold

2026-09-19 10:10:04

State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 07 September 2026. While the rating change occurred on that date, the analysis below reflects the stock's current position as of 19 September 2026, incorporating the latest fundamentals, returns, and financial metrics to provide investors with an up-to-date perspective.

Read full news article

Above Short-Term MAs, Below Long-Term: State Bank of India's Technical Picture

2026-09-18 09:20:13

Valuation Snapshot: P/E Ratio and Sector Comparison

The State Bank of India trades at a price-to-earnings (P/E) ratio that aligns closely with the public sector banking industry average, reflecting a valuation that neither commands a significant premium nor a discount. This parity suggests the market is pricing in the bank’s steady fundamentals without exuberance or pessimism. Given the sector’s average P/E hovers around typical levels for public sector banks, the stock’s valuation appears justified by its earnings profile and market position. State Bank of India’s market capitalisa...

Read full news article

P/E at 12.5x vs Industry's 12.5x: What the Data Shows for State Bank of India

2026-09-17 09:20:19

Valuation Picture: P/E in Line with Industry

The current P/E ratio of State Bank of India stands at approximately 12.5, matching the public sector bank industry average. This parity suggests that the market is valuing the stock neither at a premium nor a discount relative to its peers. Such valuation alignment often reflects a consensus view on the company’s earnings prospects and risk profile within the sector. The absence of a valuation premium may indicate that investors are cautious about growth prospects or potential headwinds, despite the bank’s large-cap stature and dominant market position.

Performance Across Timeframes: Div...

Read full news article

P/E at 22.3 vs Industry's 22: What the Data Shows for State Bank of India

2026-09-16 09:20:19

Valuation Picture: A Slight Premium in a Competitive Sector

The State Bank of India trades at a P/E of approximately 22.3, marginally above the Public Sector Bank industry's average of 22.0. This premium, while not excessive, suggests investors are willing to pay a slight premium for the bank's scale and market position. Given the sector's mixed results—14 positive, 13 flat, and 9 negative among 36 stocks reporting so far—this valuation reflects a cautious optimism. The premium may also be influenced by the bank's robust long-term performance, which has outpaced the Sensex by a wide margin over three, five, and ten years.

Performanc...

Read full news article

P/E at 22.0 vs Industry's 22.0: What the Data Shows for State Bank of India

2026-09-15 09:20:16

Valuation Picture: Parity with Industry Average

The valuation of State Bank of India at 22.0 times earnings aligns precisely with the public sector banking sector's average P/E ratio. This parity suggests that the market is pricing the stock in line with its peers, reflecting neither a significant premium nor a discount. Given the bank's large-cap status with a market capitalisation of ₹9,17,708 crores, this valuation level indicates a balanced assessment of its earnings potential relative to sector norms. However, the absence of a valuation premium raises questions about whether the stock's recent performance justifies this level or if underlying risks are being ...

Read full news article

State Bank of India Falls 2.78%: 2 Key Factors Shaping the Week

2026-09-13 09:00:43

Key Events This Week

31 Aug: Stock opens strong at Rs.1,060.00 (+1.33%) amid upgrade

1 Sep: MarketsMOJO upgrades SBI to Buy on strong fundamentals

2 Sep: Technical momentum shifts amid mixed indicator signals

4 Sep: Week closes steady at Rs.1,017.00 (-2.78% weekly)

Week Open

Rs.1,046.05

Week Close

Read full news article

State Bank of India Falls 1.97%: 3 Key Technical Signals Shaping the Week

2026-09-12 17:01:58

Key Events This Week

07 Sep: MarketsMOJO downgrades SBI from Buy to Hold amid mixed technical and valuation signals

09 Sep: SBI forms Death Cross, signalling potential bearish trend

10 Sep: Technical momentum shifts to mildly bearish amid mixed indicator signals

11 Sep: Week closes at Rs.997.00 (-1.97%)

Week Open

Rs.1,017.00

Read full news article

P/E at 18.5x vs Industry's 14.2x: What the Data Shows for State Bank of India

2026-09-11 09:20:18

Valuation Picture: Premium Amidst Sector Norms

The current P/E of State Bank of India stands at approximately 18.5x, compared to the public sector bank industry's average of 14.2x. This represents a premium of nearly 30% over the sector norm, suggesting that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, this elevated valuation also implies heightened expectations, which may increase sensitivity to earnings misses or macroeconomic headwinds. The premium valuation contrasts with the broader sector's mixed results, where out of 36 public sector banks reporting, 14 posted positive results, 13 were flat, and 9 re...

Read full news article

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