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": "970.45",
    "chg": 13.8,
    "chgp": "1.44%",
    "dir": 1,
    "prev_price": "956.65",
    "mcapval": "871,740.00 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 03, 03:30 PM",
    "curr_time": "04:44 AM",
    "last_traded_at": "Jun 03, 03:30 PM IST",
    "bse_nse_vol": "2.91 cr",
    "exc_status": "Active",
    "traded_date": "Jun 03, 2026",
    "traded_date_str": "2026 06 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "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 18.5 vs Industry's 15.2: 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-4033230",
        "imagepath": "",
        "date": "2026-06-03 09:20:21",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Premium and Its Implications</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 18.5, compared with the Public Sector Bank industry average of 15.2. This 1.22x premium suggests that investors are pricing in expectations of relatively stronger earnings growth or superior franchise value. However, this premium also raises questions about whether the stock’s current price adequately reflects emerging risks or recent performance trends — <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"ctx\">previously rated Buy, what is State Bank of India’s current rating?</a> The premium is not excessive by historical standards fo..."
      },
      {
        "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-dynamics-amid-nifty-50-membership-and-institutional-shifts-4029876",
        "imagepath": "",
        "date": "2026-06-02 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: Premium or Pressure?</strong></p>\n                <p>The <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> currently trades at a price-to-earnings (P/E) ratio that is broadly in line with its public sector banking peers, reflecting a market cap of approximately ₹8,73,585.65 crores. While exact P/E figures are not disclosed here, the sector average P/E hovers around 22x, a benchmark for comparison. This parity suggests that the stock’s valuation is not stretched relative to its industry, yet the recent price action indicates underlying caution among investors. The valuation context is crucial — <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">SBI</a>’s premium or discount relat..."
      },
      {
        "title": "State Bank of India is Rated Hold by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/state-bank-of-india-is-rated-hold-by-marketsmojo-4026064",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/StateBankofIndi_mojoScore_4026064.png",
        "date": "2026-06-01 10:10:35",
        "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 here reflect the stock's current position as of 01 June 2026, providing investors with an up-to-date perspective on its performance and outlook."
      },
      {
        "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-position-strengthened-amid-nifty-50-membership-4025647",
        "imagepath": "",
        "date": "2026-06-01 09:20:15",
        "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 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, which is roughly 30% higher than the industry average of 14.2x for public sector banks. This premium valuation suggests that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about sustainability, especially given the recent volatility in the stock's price. The sector's average P/E reflects a more cautious stance, possibly due to macroeconomic headwinds and regulatory challenges faced by public sector banks in recent quarters. <a href=\"https://www.marketsmojo..."
      },
      {
        "title": "P/E at 14.5x vs Industry's 14.5x: 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-4019480",
        "imagepath": "",
        "date": "2026-05-29 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: A Fair Price Amid 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 14.5x, exactly matching the industry average for Public Sector Banks. This parity suggests that the market is pricing the stock neither at a premium nor a discount relative to its sector peers. Such valuation equilibrium often reflects investor confidence in the bank's earnings stability and growth prospects relative to the sector. However, this also means that any outperformance or underperformance in stock price will likely be driven by operational or market-specific factors rather than valuation re-rating alone. <a href=\"https://www.marketsmojo.com/stocks-analy..."
      },
      {
        "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-market-position-strengthened-amid-nifty-50-membership-and-institutional-shifts-4016047",
        "imagepath": "",
        "date": "2026-05-27 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 in Context</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 22.5 is marginally above the industry average of 22 for public sector banks. This suggests the stock is trading at a slight premium, reflecting investor confidence in its earnings stability and market position. However, this premium is modest compared to other large-cap banks that often command multiples well above sector averages. The valuation alignment indicates that the market is pricing in steady earnings growth without excessive optimism. <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>’s market capitalisation stands at ₹8,9..."
      },
      {
        "title": "P/E at 22.8 vs Industry's NA: 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-mixed-performance-and-institutional-shifts-4013008",
        "imagepath": "",
        "date": "2026-05-26 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: P/E in Context</strong></p>\n                <p>The current P/E ratio of 22.8 for <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> offers a snapshot of market expectations relative to earnings. Although the industry P/E for Public Sector Banks is not explicitly available, this figure can be contrasted with broader banking sector averages, which typically range between 15 and 20. This suggests that the stock trades at a modest premium, reflecting investor confidence in its earnings stability and growth prospects. However, the absence of a direct industry P/E comparison leaves room for interpretation — <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>’s va..."
      },
      {
        "title": "P/E at 18.5 vs Industry's 15.2: 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-4010393",
        "imagepath": "",
        "date": "2026-05-25 10:25:13",
        "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 Peers</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, which is approximately 22% higher than the public sector bank industry's average of 15.2. This premium valuation suggests that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about sustainability, especially given the recent volatility in the stock's price. The sector's average P/E reflects a more conservative outlook, making <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a>'s elevated multiple a focal point for valuation s..."
      },
      {
        "title": "P/E at 21.6% One-Year Gain vs Sensex: 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-4004551",
        "imagepath": "",
        "date": "2026-05-22 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 Ratio in Context</strong></p>\n                <p>The current price-to-earnings (P/E) ratio for <a href=\"https://www.marketsmojo.com/stocks-analysis/sbi-347516-0\" class=\"stk\">State Bank of India</a> stands at approximately 21.6x, which aligns closely with typical valuations for large-cap public sector banks, though the exact industry P/E is not specified here. This valuation suggests that the market is pricing in steady earnings growth and a degree of stability relative to peers. Given SBI’s dominant position with a market capitalisation of ₹8,81,523.98 crores, the premium or discount relative to the broader public sector bank industry would be a critical factor in assessing whether the stock is overvalued or undervalued. <a href=\"https://www.marketsmojo...."
      }
    ],
    "total": 812,
    "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>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 18.5 vs Industry's 15.2: What the Data Shows for State Bank of India

2026-06-03 09:20:21

Valuation Premium and Its Implications

The current P/E ratio of State Bank of India stands at approximately 18.5, compared with the Public Sector Bank industry average of 15.2. This 1.22x premium suggests that investors are pricing in expectations of relatively stronger earnings growth or superior franchise value. However, this premium also raises questions about whether the stock’s current price adequately reflects emerging risks or recent performance trends — previously rated Buy, what is State Bank of India’s current rating? The premium is not excessive by historical standards fo...

Read full news article

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

2026-06-02 09:20:16

Valuation Picture: Premium or Pressure?

The State Bank of India currently trades at a price-to-earnings (P/E) ratio that is broadly in line with its public sector banking peers, reflecting a market cap of approximately ₹8,73,585.65 crores. While exact P/E figures are not disclosed here, the sector average P/E hovers around 22x, a benchmark for comparison. This parity suggests that the stock’s valuation is not stretched relative to its industry, yet the recent price action indicates underlying caution among investors. The valuation context is crucial — SBI’s premium or discount relat...

Read full news article

State Bank of India is Rated Hold by MarketsMOJO

2026-06-01 10:10:35

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 here reflect the stock's current position as of 01 June 2026, providing investors with an up-to-date perspective on its performance and outlook.

Read full news article

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

2026-06-01 09:20:15

Valuation Picture: Premium Amidst Sector Norms

The current P/E multiple of State Bank of India stands at around 18.5x, which is roughly 30% higher than the industry average of 14.2x for public sector banks. This premium valuation suggests that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about sustainability, especially given the recent volatility in the stock's price. The sector's average P/E reflects a more cautious stance, possibly due to macroeconomic headwinds and regulatory challenges faced by public sector banks in recent quarters. Read full news article

P/E at 14.5x vs Industry's 14.5x: What the Data Shows for State Bank of India

2026-05-29 09:20:21

Valuation Picture: A Fair Price Amid Sector Dynamics

The current P/E of State Bank of India stands at 14.5x, exactly matching the industry average for Public Sector Banks. This parity suggests that the market is pricing the stock neither at a premium nor a discount relative to its sector peers. Such valuation equilibrium often reflects investor confidence in the bank's earnings stability and growth prospects relative to the sector. However, this also means that any outperformance or underperformance in stock price will likely be driven by operational or market-specific factors rather than valuation re-rating alone. Read full news article

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

2026-05-27 09:20:17

Valuation Picture: P/E in Context

The current P/E ratio of State Bank of India at 22.5 is marginally above the industry average of 22 for public sector banks. This suggests the stock is trading at a slight premium, reflecting investor confidence in its earnings stability and market position. However, this premium is modest compared to other large-cap banks that often command multiples well above sector averages. The valuation alignment indicates that the market is pricing in steady earnings growth without excessive optimism. State Bank of India’s market capitalisation stands at ₹8,9...

Read full news article

P/E at 22.8 vs Industry's NA: What the Data Shows for State Bank of India

2026-05-26 09:20:16

Valuation Picture: P/E in Context

The current P/E ratio of 22.8 for State Bank of India offers a snapshot of market expectations relative to earnings. Although the industry P/E for Public Sector Banks is not explicitly available, this figure can be contrasted with broader banking sector averages, which typically range between 15 and 20. This suggests that the stock trades at a modest premium, reflecting investor confidence in its earnings stability and growth prospects. However, the absence of a direct industry P/E comparison leaves room for interpretation — State Bank of India’s va...

Read full news article

P/E at 18.5 vs Industry's 15.2: What the Data Shows for State Bank of India

2026-05-25 10:25:13

Valuation Picture: Premium Amid Sector Peers

The current P/E of State Bank of India stands at 18.5, which is approximately 22% higher than the public sector bank industry's average of 15.2. This premium valuation suggests that investors are pricing in stronger earnings growth or superior fundamentals relative to peers. However, such a premium also raises questions about sustainability, especially given the recent volatility in the stock's price. The sector's average P/E reflects a more conservative outlook, making State Bank of India's elevated multiple a focal point for valuation s...

Read full news article

P/E at 21.6% One-Year Gain vs Sensex: What the Data Shows for State Bank of India

2026-05-22 09:20:19

Valuation Picture: P/E Ratio in Context

The current price-to-earnings (P/E) ratio for State Bank of India stands at approximately 21.6x, which aligns closely with typical valuations for large-cap public sector banks, though the exact industry P/E is not specified here. This valuation suggests that the market is pricing in steady earnings growth and a degree of stability relative to peers. Given SBI’s dominant position with a market capitalisation of ₹8,81,523.98 crores, the premium or discount relative to the broader public sector bank industry would be a critical factor in assessing whether the stock is overvalued or undervalued. Read full news article

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