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": "1,040.20",
    "chg": 5.15,
    "chgp": "0.5%",
    "dir": 1,
    "prev_price": "1,035.05",
    "mcapval": "960,168.84 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": "Jun 22, 02:44 PM",
    "curr_time": "14:46 PM",
    "last_traded_at": "Jun 22, 02:44 PM IST",
    "bse_nse_vol": "47.42 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 22, 2026",
    "traded_date_str": "2026 06 22",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-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 14.2x: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-nifty-50-membership-reinforces-market-leadership-amid-mixed-sector-trends-4066804",
        "imagepath": "",
        "date": "2026-06-22 09:20:22",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Reflects Market Confidence and Sector Dynamics</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 with the Public Sector Bank industry's average P/E of 14.2x. This premium of nearly 30% suggests that investors are willing to pay more for the stock relative to its peers, possibly reflecting expectations of superior earnings growth or a stronger balance sheet. However, such a premium also implies heightened expectations that must be met to justify the valuation. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>'s market capitalisation of ₹9,58,138.11 crores pl..."
      },
      {
        "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-dynamics-amid-nifty-50-membership-and-institutional-shifts-4062797",
        "imagepath": "",
        "date": "2026-06-19 09:20:21",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Reflecting Market Confidence or Overextension?</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 that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about valuation sustainability, especially given the recent performance divergence. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>’s market capitalisation of ₹9,60,168.84 crores places i..."
      },
      {
        "title": "P/E at 22.5 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-nifty-50-membership-reinforces-market-leadership-amid-mixed-sector-trends-4060654",
        "imagepath": "",
        "date": "2026-06-18 09:20:26",
        "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 current P/E of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> at 22.5 is marginally above the public sector bank industry's average of 22. This premium suggests that investors are willing to pay a slight premium for the stock’s earnings relative to its peers. Given the sector’s mixed results so far this earnings season—with 22 stocks reporting positive results, 10 flat, and 6 negative—the valuation premium may reflect confidence in the bank’s relative stability and earnings quality. However, this premium is not excessive, indicating a balanced market view rather than exuberance. <a href=\"https://www.marketsmojo.com/stocks-analy..."
      },
      {
        "title": "State Bank of India’s Valuation Shifts to Fair Amidst Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-valuation-shifts-to-fair-amidst-market-volatility-4057938",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/StateBankofIndi_valuationdot_4057938.png",
        "date": "2026-06-17 08:00:16",
        "description": "State Bank of India (SBI), India’s largest public sector bank, has witnessed a notable shift in its valuation parameters, moving from an expensive to a fair valuation grade. This transition reflects evolving market perceptions amid changing price-to-earnings (P/E) and price-to-book value (P/BV) ratios, alongside a comparative analysis with peer banks and historical benchmarks. Investors are now reassessing SBI’s price attractiveness in the context of its fundamentals and sector dynamics."
      },
      {
        "title": "P/E at 22.5 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-nifty-50-membership-reinforces-market-leadership-amid-mixed-performance-4055513",
        "imagepath": "",
        "date": "2026-06-16 09:20:22",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Amid Sector Parity</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 22.5, slightly above the public sector bank industry's average of 22.0. This premium, though not excessive, suggests investors are willing to pay a marginally higher price for earnings relative to peers. Such a valuation can reflect confidence in the bank's earnings stability or growth prospects, but it also raises questions about whether the premium is justified given recent performance trends. The sector's P/E average provides a useful benchmark, indicating that <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of I..."
      },
      {
        "title": "P/E at 18.5 vs Industry's 18.5: 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-4053703",
        "imagepath": "",
        "date": "2026-06-15 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: Aligning with Industry 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 18.5, precisely in line with the public sector bank industry's average. This parity suggests that the stock is neither trading at a premium nor a discount relative to its peers, a notable contrast to many large-cap banks that often command valuation premiums due to perceived stability or growth prospects. The absence of a valuation premium may reflect market caution or a balanced view of the bank's earnings outlook. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>'s market capitalisation of ₹9,48,261.34 crore firmly..."
      },
      {
        "title": "State Bank of India is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/state-bank-of-india-is-rated-hold-4048850",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/StateBankofIndi_mojoScore_4048850.png",
        "date": "2026-06-12 10:10:41",
        "description": "State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 28 April 2026. However, the analysis and financial metrics discussed below reflect the stock's current position as of 12 June 2026, providing investors with an up-to-date view of the company's fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "P/E at 18.5 vs Industry's 18.5: What the Data Shows for State Bank of India",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-strengthens-position-amid-nifty-50-membership-and-institutional-shifts-4048508",
        "imagepath": "",
        "date": "2026-06-12 09:20:17",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: P/E Parity 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 18.5, exactly matching the Public Sector Bank industry's average P/E of 18.5. This parity suggests that the stock is fairly valued relative to its peers, a notable position given the large-cap's market capitalisation of ₹9,34,969.26 crores. Such valuation alignment is uncommon for a bank of this scale, especially when many large caps trade at premiums or discounts to sector averages. This equilibrium may reflect investor confidence in the bank's earnings stability amid sector-wide challenges.</p>\n\n                <p><strong>Performance Across Timeframes: Divergent Mo..."
      },
      {
        "title": "P/E at 22.7 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-position-and-institutional-dynamics-amid-nifty-50-membership-4046125",
        "imagepath": "",
        "date": "2026-06-11 09:20:14",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: A Balanced Premium</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> at 22.7 is marginally above the industry average of 22, indicating a valuation premium of roughly 3%. This suggests that investors are pricing in a modestly better earnings outlook or perceived stability relative to its public sector banking peers. The premium is not excessive, reflecting a valuation that is broadly in line with sector fundamentals rather than an overheated market enthusiasm. Given the bank’s large-cap status with a market capitalisation of ₹9,22,830.99 crores, this valuation level is consistent with its dominant position in the sector.</p>\n\n                <p><stro..."
      }
    ],
    "total": 825,
    "sid": "347516",
    "stock_news_url": "https://www.marketsmojo.com/news/state-bank-of-india-347516"
  },
  "announcements": [
    {
      "caption": "Shareholder Meeting / Postal Ballot-Scrutinizers Report",
      "datetime": "19-Jun-2026",
      "details": "Scrutiniser Report and Voting Results of the AGM",
      "source": "BSE"
    },
    {
      "caption": "Proceedings Of Annual General Meeting",
      "datetime": "18-Jun-2026",
      "details": "Proceedings of Annual General Meeting",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Regarding Fund Raising",
      "datetime": "18-Jun-2026",
      "details": "Outcome of Board Meeting regarding Fund Raising",
      "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 14.2x: What the Data Shows for State Bank of India

2026-06-22 09:20:22

Valuation Picture: Premium Reflects Market Confidence and Sector Dynamics

The current P/E of State Bank of India stands at approximately 18.5x, compared with the Public Sector Bank industry's average P/E of 14.2x. This premium of nearly 30% suggests that investors are willing to pay more for the stock relative to its peers, possibly reflecting expectations of superior earnings growth or a stronger balance sheet. However, such a premium also implies heightened expectations that must be met to justify the valuation. State Bank of India's market capitalisation of ₹9,58,138.11 crores pl...

Read full news article

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

2026-06-19 09:20:21

Valuation Picture: Premium Reflecting Market Confidence or Overextension?

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 that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about valuation sustainability, especially given the recent performance divergence. State Bank of India’s market capitalisation of ₹9,60,168.84 crores places i...

Read full news article

P/E at 22.5 vs Industry's 22: What the Data Shows for State Bank of India

2026-06-18 09:20:26

Valuation Picture: A Slight Premium in a Competitive Sector

The current P/E of State Bank of India at 22.5 is marginally above the public sector bank industry's average of 22. This premium suggests that investors are willing to pay a slight premium for the stock’s earnings relative to its peers. Given the sector’s mixed results so far this earnings season—with 22 stocks reporting positive results, 10 flat, and 6 negative—the valuation premium may reflect confidence in the bank’s relative stability and earnings quality. However, this premium is not excessive, indicating a balanced market view rather than exuberance. Read full news article

State Bank of India’s Valuation Shifts to Fair Amidst Market Volatility

2026-06-17 08:00:16

State Bank of India (SBI), India’s largest public sector bank, has witnessed a notable shift in its valuation parameters, moving from an expensive to a fair valuation grade. This transition reflects evolving market perceptions amid changing price-to-earnings (P/E) and price-to-book value (P/BV) ratios, alongside a comparative analysis with peer banks and historical benchmarks. Investors are now reassessing SBI’s price attractiveness in the context of its fundamentals and sector dynamics.

Read full news article

P/E at 22.5 vs Industry's 22: What the Data Shows for State Bank of India

2026-06-16 09:20:22

Valuation Picture: Premium Amid Sector Parity

The current P/E of State Bank of India stands at approximately 22.5, slightly above the public sector bank industry's average of 22.0. This premium, though not excessive, suggests investors are willing to pay a marginally higher price for earnings relative to peers. Such a valuation can reflect confidence in the bank's earnings stability or growth prospects, but it also raises questions about whether the premium is justified given recent performance trends. The sector's P/E average provides a useful benchmark, indicating that State Bank of I...

Read full news article

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

2026-06-15 09:20:16

Valuation Picture: Aligning with Industry Norms

The current P/E of State Bank of India stands at 18.5, precisely in line with the public sector bank industry's average. This parity suggests that the stock is neither trading at a premium nor a discount relative to its peers, a notable contrast to many large-cap banks that often command valuation premiums due to perceived stability or growth prospects. The absence of a valuation premium may reflect market caution or a balanced view of the bank's earnings outlook. State Bank of India's market capitalisation of ₹9,48,261.34 crore firmly...

Read full news article

State Bank of India is Rated Hold

2026-06-12 10:10:41

State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 28 April 2026. However, the analysis and financial metrics discussed below reflect the stock's current position as of 12 June 2026, providing investors with an up-to-date view of the company's fundamentals, valuation, financial trends, and technical outlook.

Read full news article

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

2026-06-12 09:20:17

Valuation Picture: P/E Parity with Industry

The current P/E ratio of State Bank of India stands at 18.5, exactly matching the Public Sector Bank industry's average P/E of 18.5. This parity suggests that the stock is fairly valued relative to its peers, a notable position given the large-cap's market capitalisation of ₹9,34,969.26 crores. Such valuation alignment is uncommon for a bank of this scale, especially when many large caps trade at premiums or discounts to sector averages. This equilibrium may reflect investor confidence in the bank's earnings stability amid sector-wide challenges.

Performance Across Timeframes: Divergent Mo...

Read full news article

P/E at 22.7 vs Industry's 22: What the Data Shows for State Bank of India

2026-06-11 09:20:14

Valuation Picture: A Balanced Premium

The current P/E ratio of State Bank of India at 22.7 is marginally above the industry average of 22, indicating a valuation premium of roughly 3%. This suggests that investors are pricing in a modestly better earnings outlook or perceived stability relative to its public sector banking peers. The premium is not excessive, reflecting a valuation that is broadly in line with sector fundamentals rather than an overheated market enthusiasm. Given the bank’s large-cap status with a market capitalisation of ₹9,22,830.99 crores, this valuation level is consistent with its dominant position in the sector.

Read full news article

View All News