Features Screener Stocks Charts
Sign In Sign Up

State Bank of India Stock Valuation

NSE:SBIN | BANKS

Share Price vs Book Value

10-year trend comparing market price with book value per share

FY 2016 - FY 2025

State Bank of India Share Price vs Book Value — What It Means

Book Value Per Share (BVPS) represents the net asset value per share from the balance sheet — what shareholders would theoretically receive per share on liquidation. When State Bank of India's share price trades above book value (P/B > 1), the market is pricing in growth, earnings power, or intangible assets beyond what the balance sheet shows. A P/B below 1 may signal undervaluation or fundamental concerns. Compare the gap between share price and BVPS over time to assess whether the stock is trading at a premium or discount.

Market Metrics

Key market metrics for State Bank of India (SBIN) listed on NSE. For banks sector companies, market capitalization and share price are primary valuation indicators that reflect investor confidence and the bank's franchise value.

Share Price
₹970.45
Jun 3, 2026
Market Cap
₹8,660.89B
8.92B shares

Stock Valuation Models for State Bank of India (SBIN)

We analyze State Bank of India using multiple valuation models appropriate for BANKS companies. For BANKS companies, we use P/E Ratio Analysis, P/B Ratio Valuation, Dividend Discount Model (DDM), and EPS Growth Valuation to estimate the intrinsic value of State Bank of India stock.

Current PE Ratio & Historical PE Ratio - State Bank of India

10-year Price-to-Earnings ratio trend

Apr 2016 - Jun 2026

P/E Ratio Analysis

Fairly Valued

Current P/E Ratio

11.17

Jun 03, 2026

5-Year Median P/E

11.29

5-Year Historical Median

Difference

-0.12

1.1%

Analysis: State Bank of India's current P/E ratio is within 10% of its 5-year median (1.1% below), suggesting the stock is fairly valued relative to its historical earnings performance.

What Does State Bank of India's PE Ratio Tell Investors?

The P/E ratio measures how much investors pay for each rupee of earnings (Share Price / EPS). A higher PE suggests the market expects strong future growth, while a lower PE may indicate undervaluation or slower growth prospects. Compare State Bank of India's current PE against its historical median and BANKS peers to gauge whether the stock is trading at a premium or discount relative to its earnings.

Price-to-Book (P/B) Ratio - State Bank of India

10-year Price-to-Book ratio trend for bank valuation

Apr 2016 - Jun 2026

P/B Ratio Analysis

Potentially Overvalued

Current P/B Ratio

1.78

Jun 03, 2026

5-Year Median P/B

1.59

5-Year Historical Median

Difference

0.19

11.9%

Analysis: State Bank of India's current P/B ratio is 11.9% above its 5-year median, suggesting the stock may be overvalued relative to its book value.

Why P/B Ratio Matters for State Bank of India

The P/B ratio (Share Price / Book Value Per Share) is especially important for banks because their assets are primarily financial instruments whose book value closely reflects economic value. A P/B above 1.0 means the market is pricing in franchise value and future earnings beyond net assets. A P/B below 1.0 may signal asset quality concerns or subdued growth expectations. Compare State Bank of India's P/B against peer banks and its own historical median for context.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: FY 2025