Is State Bank of India (SBIN) overvalued or fairly valued?

MarketChacha shows State Bank of India's valuation in context — a forward P/E of about 9.9, a price-to-book of about 1.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is State Bank of India's revenue?

State Bank of India reported revenue of ₹4,82,797 Cr for FY2026, with net profit of ₹80,032 Cr, per official filings.

What is the share price of State Bank of India (SBIN)?

State Bank of India last traded at ₹1,013.70 (+0.0% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

State Bank of India

SBIN · NSE · Banking · India

Snapshot

TickerSBIN

ExchangeNSE

SectorBanking

IndustryBanks - Regional

CountryIndia

Employees2,45,131

HeadquartersMumbai, India

Websitesbi.bank.in

Filings tracked25

About State Bank of India

State Bank of India provides banking products and services in India and internationally. The company operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers personal banking products and services, including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans, as well as loans against insurance property, and securities; debit, business debit, prepaid, and green remit cards; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, it offers NRI services, including accounts, investments, loans, and remittances; agricultural banking services; and international banking services. Further, it provides life and general insurance; estate planning services; merchant banking and advisory; securities broking; trusteeship service; factoring; payment solution; asset management; portfolio and investment management; credit cards; and custody and fund accounting services. State Bank of India was founded in 1806 and is headquartered in Mumbai, India. State Bank of India operates as a subsidiary of India.

Who owns it

Promoters57.2%
Institutions29.1%
Public & other13.7%

329 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 3.1 points over the period — profitability is trending down.

Net margin trend19.6% → 16.6%

Margin has compressed by about 3.1 points over the period — profitability is trending down.

Growth qualityrev 19% · PAT 13%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (BSE (official results filing)). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹63,229 Cr · EPS 15.89

Est. earnings growth -27.8%

Next fiscal year

Rev ₹3,02,889 Cr · EPS 101.90

Est. earnings growth +14.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: BSE (official results filing)

Annual

Quarterly · last 4

Revenue (FY2026)

₹4,82,797 Cr

Net margin

16.6%

Revenue CAGR (3y)

+19.4%

Profit CAGR (3y)

+12.9%

EPS (FY2026)

87.59

Net profit (FY2026)

₹80,032 Cr

Ask MarketChacha about SBIN

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On MarketChacha

Posts about SBIN

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹4,82,797 Cr	₹80,032 Cr	87.59	16.6%
FY2025	₹3,62,400 Cr	₹77,561 Cr	—	21.4%
FY2024	₹3,34,839 Cr	₹67,085 Cr	—	20.0%
FY2023	₹2,83,397 Cr	₹55,648 Cr	—	19.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	₹1,23,098 Cr	₹19,684 Cr	21.32	16.0%
2025Q4	₹1,22,556 Cr	₹21,028 Cr	22.78	17.2%
2025Q3	₹58,310 Cr	₹20,160 Cr	—	34.6%
2025Q2	₹58,418 Cr	₹19,160 Cr	—	32.8%

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

Filings & announcements

2026

ESG Ratings
ESG Ratings
BSE7/28/2026
Board Meeting Intimation for Financial Results For The Quarter Ended 30.06.2026
State Bank Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve financial results for the quarter ....
BSE7/27/2026material
Credit Rating
Credit Rating received from CRISIL Ratings Limited and CARE Ratings Limited
BSE7/24/2026material
Press Release / Media Release
Press Release on listing of SBI Funds Management Limited
BSE7/21/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/17/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/16/2026
Change in Management
Chief Financial Officer (Designate)
BSE7/15/2026
Credit Rating
Moody''s Rating
BSE7/14/2026material
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/11/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/10/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/9/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/8/2026
Update On IPO Of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
BSE7/8/2026
Credit Rating
Long-term Foreign Currency Issuer Rating
BSE7/8/2026material
Change in Management
Change in Senior Management
BSE6/30/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutiniser Report and Voting Results of the AGM
BSE6/19/2026material
Proceedings Of Annual General Meeting
Proceedings of Annual General Meeting
BSE6/18/2026material
Board Meeting Outcome for Outcome Of Board Meeting Regarding Fund Raising
Outcome of Board Meeting regarding Fund Raising
BSE6/18/2026
Board Meeting Intimation for Fund Raising
State Bank Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/06/2026 ,inter alia, to consider and approve fund raising
BSE6/15/2026material
Details Of Director Nominated Under Section 19 (E) Of The State Bank Of India Act, 1955
Details of the Director
BSE6/12/2026
Change in Directorate
Nomination of Shri Sanjay Lohiya, as Director under Section 19(e) of SBI Act, 1955
BSE6/11/2026
Allotment
Allotment of Tier 2 Bonds
BSE3/20/2026
Updates On Sale Of Stake In SBI Funds Management Limited Through IPO
Updates on Sale of Stake in SBI Funds Management Limited through IPO
BSE3/19/2026
Bidding Updates - Raising Of Tier 2 Bonds
Bidding Updates - Raising of Tier 2 Bonds
BSE3/17/2026
Press Release / Media Release
Press Release - Raising of Tier 2 Bonds
BSE3/17/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.