SBI

{
  "main_header": {
    "sid": 347516,
    "name": "SBI",
    "stock_name": "SBI",
    "full_name": "State Bank of India",
    "name_url": "stocks-analysis/sbi",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,023.15",
    "chg": -9.6,
    "chgp": "-0.93%",
    "dir": -1,
    "prev_price": "1,032.75",
    "mcapval": "944,430.64 Cr",
    "mcap": "Large Cap",
    "scripcode": 500112,
    "symbol": "SBIN",
    "ind_name": "Public Sector Bank",
    "ind_code": 36,
    "indexname": "India SENSEX",
    "isin": "INE062A01020",
    "curr_date": "Apr 07",
    "curr_time": "",
    "bse_nse_vol": "93.58 lacs",
    "exc_status": "Active",
    "traded_date": "Apr 07, 2026",
    "traded_date_str": "2026 04 07",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "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-347516-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "P/E at 18.3x 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-dynamics-nifty-50-membership-and-institutional-trends-3934785",
        "imagepath": "",
        "date": "2026-04-07 09:20:10",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Premium Reflects Confidence Amid Sector Challenges</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 18.3x, compared to the Public Sector Bank industry's average P/E of 12.5x. This premium suggests investors are willing to pay more for earnings from this large-cap banking giant, which commands a market capitalisation of ₹9,37,876.90 crores. Such a valuation gap often implies expectations of superior earnings growth or stability relative to peers. However, the sector has been mixed recently, with some banks struggling to maintain asset quality and profitability. The premium raises the question — <a href=\"https://www.marketsmojo.com/stocks-analysis..."
      },
      {
        "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-india-navigating-market-dynamics-as-a-nifty-50-pillar-3933851",
        "imagepath": "",
        "date": "2026-04-06 09:20:12",
        "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 Amid Sector Challenges</strong></p>\n                <p>The current P/E multiple of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> stands at around 18.5x, markedly above the public sector bank industry's average of 12.3x. This premium of roughly 1.5 times the sector average suggests that investors are pricing in stronger earnings growth or superior asset quality relative to peers. However, such a valuation gap also raises questions about sustainability, especially given the sector's mixed performance in recent quarters. The premium valuation may be justified by the bank's dominant market position and scale, but it also implies heightened expectations that must be met to..."
      },
      {
        "title": "State Bank of India’s Volatile Week: -0.06% Change Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-indias-volatile-week--006-change-amid-mixed-market-signals-3932387",
        "imagepath": "",
        "date": "2026-04-05 09:00:03",
        "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>30 Mar:</strong> Intraday low of Rs.982.65 amid price pressure</p>\n                    <p><strong>1 Apr:</strong> Intraday high of Rs.1,018 with a 3.17% surge</p>\n                    <p><strong>2 Apr:</strong> Intraday low of Rs.984.95 amid renewed selling</p>\n                    <p><strong>3 Apr:</strong> Week closes at Rs.1,019.45 (-0.06%)</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.1,020.05</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.1,019.45</div><div class=\"stat-change..."
      },
      {
        "title": "State Bank of India is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/state-bank-of-india-is-rated-hold-3932547",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/StateBankofIndi_mojoScore_3932547.png",
        "date": "2026-04-03 10:10:26",
        "description": "State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 11 March 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 03 April 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing."
      },
      {
        "title": "State Bank of India Hits Intraday Low Amid Price Pressure on 2 April 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-hits-intraday-low-amid-price-pressure-on-2-april-2026-3929808",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/StateBankofIndi_priceRelatedfactors_3929808.png",
        "date": "2026-04-02 09:31:47",
        "description": "State Bank of India (SBI) experienced a notable intraday decline on 2 April 2026, touching a low of Rs 984.95, down 3.24% from its previous close. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment."
      },
      {
        "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-faces-headwinds-amid-market-volatility-despite-strong-long-term-gains-3929750",
        "imagepath": "",
        "date": "2026-04-02 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: A Fairly Priced Large Cap</strong></p>\n                <p>The P/E ratio of <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> at 18.5 is exactly in line with the industry average for public sector banks, suggesting that the market currently values the stock in line with its peers. This parity indicates neither a premium nor a discount, which is notable given the stock's large-cap status and dominant market position. The valuation alignment suggests that investors are pricing in the bank's steady earnings growth and risk profile without excessive optimism or pessimism. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>'s market capitalisation stands at ₹9,1..."
      },
      {
        "title": "State Bank of India Rallies 3.17% and Approaches Key Moving Averages — A Technical Test in Focus",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-hits-intraday-high-with-317-surge-on-1-april-2026-3927899",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/StateBankofIndi_priceRelatedfactors_3927899.png",
        "date": "2026-04-01 09:33:32",
        "description": "The Sensex advanced 2.7% on 1 Apr 2026, yet State Bank of India outperformed with a 3.17% gain, touching an intraday high of Rs 1,018. This 2.89-percentage-point outperformance over its sector highlights a stock-specific strength amid a broadly positive market backdrop."
      },
      {
        "title": "P/E at 18.5 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-market-resilience-highlights-nifty-50-membership-significance-3927690",
        "imagepath": "",
        "date": "2026-04-01 09:25:14",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount to Industry Average</strong></p>\n                <p>The current P/E of 18.5 for <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> represents a discount of roughly 16% compared to the sector average of 22. This valuation gap suggests the market is pricing in either a more cautious outlook on the bank's earnings growth or a premium on risk relative to its peers. Historically, the stock has traded closer to the sector average, but recent shifts in earnings expectations and macroeconomic factors appear to have widened this gap. The discount may also reflect the bank's large-cap status and its role as a public sector entity, which often entails different risk and growth profiles compared to private sec..."
      },
      {
        "title": "State Bank of India Hits Intraday Low Amid Price Pressure on 30 Mar 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/state-bank-of-india-hits-intraday-low-amid-price-pressure-on-30-mar-2026-3925260",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/StateBankofIndi_priceRelatedfactors_3925260.png",
        "date": "2026-03-30 14:51:34",
        "description": "State Bank of India (SBI) experienced a notable decline today, touching an intraday low of Rs 982.65, reflecting a 3.67% drop as the stock faced sustained selling pressure amid broader market weakness and sectoral underperformance."
      }
    ],
    "total": 756,
    "sid": "347516",
    "stock_news_url": "https://www.marketsmojo.com/news/state-bank-of-india-347516"
  },
  "announcements": [
    {
      "details": "State Bank Of India has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "State Bank Of India - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "05-Dec-2019"
    },
    {
      "details": "State Bank Of India has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "State Bank Of India - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "03-Dec-2019"
    },
    {
      "details": "State Bank Of India has informed the Exchange regarding Change in Auditors of the company.",
      "source": "NSE",
      "caption": "State Bank Of India - Change in Auditors",
      "datetime": "28-Nov-2019"
    }
  ],
  "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>1590%</strong> dividend, ex-date: 16 May 25",
          "dt": "2025-05-16",
          "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 18.3x vs Industry's 12.5x: What the Data Shows for State Bank of India

2026-04-07 09:20:10

Valuation Picture: Premium Reflects Confidence Amid Sector Challenges

The current P/E of State Bank of India stands at 18.3x, compared to the Public Sector Bank industry's average P/E of 12.5x. This premium suggests investors are willing to pay more for earnings from this large-cap banking giant, which commands a market capitalisation of ₹9,37,876.90 crores. Such a valuation gap often implies expectations of superior earnings growth or stability relative to peers. However, the sector has been mixed recently, with some banks struggling to maintain asset quality and profitability. The premium raises the question — Read full news article

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

2026-04-06 09:20:12

Valuation Picture: Premium Reflects Market Confidence Amid Sector Challenges

The current P/E multiple of State Bank of India stands at around 18.5x, markedly above the public sector bank industry's average of 12.3x. This premium of roughly 1.5 times the sector average suggests that investors are pricing in stronger earnings growth or superior asset quality relative to peers. However, such a valuation gap also raises questions about sustainability, especially given the sector's mixed performance in recent quarters. The premium valuation may be justified by the bank's dominant market position and scale, but it also implies heightened expectations that must be met to...

Read full news article

State Bank of India’s Volatile Week: -0.06% Change Amid Mixed Market Signals

2026-04-05 09:00:03

Key Events This Week

30 Mar: Intraday low of Rs.982.65 amid price pressure

1 Apr: Intraday high of Rs.1,018 with a 3.17% surge

2 Apr: Intraday low of Rs.984.95 amid renewed selling

3 Apr: Week closes at Rs.1,019.45 (-0.06%)

Week Open

Rs.1,020.05

Week Close

Rs.1,019.45

Read full news article

State Bank of India is Rated Hold

2026-04-03 10:10:26

State Bank of India is rated 'Hold' by MarketsMOJO, with this rating last updated on 11 March 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 03 April 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing.

Read full news article

State Bank of India Hits Intraday Low Amid Price Pressure on 2 April 2026

2026-04-02 09:31:47

State Bank of India (SBI) experienced a notable intraday decline on 2 April 2026, touching a low of Rs 984.95, down 3.24% from its previous close. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment.

Read full news article

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

2026-04-02 09:20:16

Valuation Picture: A Fairly Priced Large Cap

The P/E ratio of State Bank of India at 18.5 is exactly in line with the industry average for public sector banks, suggesting that the market currently values the stock in line with its peers. This parity indicates neither a premium nor a discount, which is notable given the stock's large-cap status and dominant market position. The valuation alignment suggests that investors are pricing in the bank's steady earnings growth and risk profile without excessive optimism or pessimism. State Bank of India's market capitalisation stands at ₹9,1...

Read full news article

State Bank of India Rallies 3.17% and Approaches Key Moving Averages — A Technical Test in Focus

2026-04-01 09:33:32

The Sensex advanced 2.7% on 1 Apr 2026, yet State Bank of India outperformed with a 3.17% gain, touching an intraday high of Rs 1,018. This 2.89-percentage-point outperformance over its sector highlights a stock-specific strength amid a broadly positive market backdrop.

Read full news article

P/E at 18.5 vs Industry's 22: What the Data Shows for State Bank of India

2026-04-01 09:25:14

Valuation Picture: Discount to Industry Average

The current P/E of 18.5 for State Bank of India represents a discount of roughly 16% compared to the sector average of 22. This valuation gap suggests the market is pricing in either a more cautious outlook on the bank's earnings growth or a premium on risk relative to its peers. Historically, the stock has traded closer to the sector average, but recent shifts in earnings expectations and macroeconomic factors appear to have widened this gap. The discount may also reflect the bank's large-cap status and its role as a public sector entity, which often entails different risk and growth profiles compared to private sec...

Read full news article

State Bank of India Hits Intraday Low Amid Price Pressure on 30 Mar 2026

2026-03-30 14:51:34

State Bank of India (SBI) experienced a notable decline today, touching an intraday low of Rs 982.65, reflecting a 3.67% drop as the stock faced sustained selling pressure amid broader market weakness and sectoral underperformance.

Read full news article

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