State Bank of India
SBINState Bank of India's price has outrun its earnings. +29.2% in a year against EPS +3.8% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +29.2% in a year while annual EPS moved +3.8% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (64 weeks in) while the P/BV sits at the 78th percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +13.6% year on year, and gross NPA has eased to 1.57%. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
State Bank of India trades at ₹1,068, in a confirmed uptrend and 64 weeks into that stage. That is +6.0% against its own 200-day average. It sits at 57% of a 52-week range of ₹867 to ₹1,216. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks.
Today the stock is in a confirmed uptrend — week 64 of stage 2, confirmed. At ₹1,068 it trades +6.0% versus its 200-day average and sits at 57% of its 52-week range (₹867–₹1,216).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +585% while the NIFTY 500 moved +284% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 6 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
State Bank of India trades at 1.6× P/BV, at the pricey end of its own range (78th percentile). Its long-run median P/BV is 1.3×, measured across 10.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 1.6× is at the pricey end of its own range (78th percentile), against a long-run median of 1.3× measured over 10.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year book value grew while the price moved +29.2% — the price ran ahead of the book, pushing the multiple up its own range.
The price move, decomposed: over 5y, of the +19.9%/yr price move, ~+16.7%/yr came from book-value growth and ~+3.2 pp from the multiple (expanding); over 10y, of the +15.9%/yr price move, ~+9.5%/yr came from book-value growth and ~+6.4 pp from the multiple (expanding). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the book-value line underneath it, not the multiple.
The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 40% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
State Bank of India reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROE at 15.0% and holding. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +5.0% | +13.6% | +13.1% | +8.8% |
| Profit | +7.6% | +14.5% | +29.4% | +20.9% |
| EPS | +3.8% | +13.1% | +29.2% | +19.1% |
| Share price | +29.2% | +23.0% | +19.9% | +15.9% |
4-Factor Sector Score
52.6/100 — rank 7 of 13 in Banks - PSU · 84% evidence confidence
State Bank of India scores 52.6 out of 100 against the 13 companies it is compared with in Banks - PSU, ranking 7. Price leads the evidence: RS versus the benchmark is 4.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 13.2 + 14 + 10.2 + 15.2 = 52.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.
State Bank of India reported ₹1,36,240 Cr of income in the Jun 26 quarter, +8.4% year on year. That is the 11th straight quarter of year-on-year growth. Over 10 years it has compounded at 8.8% a year. The last full year, FY26, came in at ₹5,14,933 Cr. The last four reported quarters add to ₹5,25,746 Cr.
FY26 revenue came in at ₹5,14,933 Cr (+5.0% on the year), capping 10 years at 8.8% compound. The latest quarter (Jun 26) printed ₹1,36,240 Cr, +8.4% year on year — the 11th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +5.5% growth against the decade's 8.8% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +5.5% over the last 4 quarters against +7.4%/yr over the last 8 — stabilising; TTM profit +8.6% vs +12.7%/yr — rolling over.
Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.
State Bank of India's net margin is 18.4% in the Jun 26 quarter, +0.8 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the net margin has ranged −1.6% to 16.8%. The current quarter is running above every full year in that window.
The latest quarter's net margin is 18.4%, +0.8 pp against the same quarter a year ago. Across 13 fiscal years the net margin has ranged −1.6%–16.8%, and FY26's 16.8% is the top of that band — a record year.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
State Bank of India earned ₹25,121 Cr of net profit in the Jun 26 quarter, +13.6% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹86,666 Cr. The 10-year compound rate is 20.9%. That is 18.4% of the quarter's revenue. The same quarter a year earlier earned ₹22,121 Cr.
Jun 26 profit was ₹25,121 Cr, +13.6% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹86,666 Cr (+7.6%), and the 10-year compound rate is 20.9%.
Why profit moved: revenue contributed +8.4% and the margin +0.8 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +8.6% vs revenue +5.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
State Bank of India's gross NPA is 1.57% of the loan book in Dec 25, down from 2.07% a year ago. Net of provisions already set aside, 0.39% remains. That is the 2nd straight quarter of improvement. Across the 10 quarters held here the book has ranged 1.57% to 2.53%.
Dec 25: gross NPA at 1.57% and net NPA at 0.39%, against 2.07% / 0.53% a year ago. Over the 10 quarters we hold, the book's worst reading was 2.53% and its best is 1.57% — which is the current print. The ladder has now improved for 2 consecutive quarters.
The synthesis: profit growth at a bank is only as good as the book behind it, and this book is healing on a multi-quarter streak. A note on depth: quarterly provisioning detail is not in our numbers yet, so this ladder reads levels and trend, not the cost of the cleanup.
Why the ladder moved: recoveries, write-offs and slippages each play a part, and that split sits below what we hold — the numbers show the healing; the driver mix does not travel with them.
The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
State Bank of India's revenue grew +5.0% in FY26 to ₹5,14,933 Cr, so the book is growing. The latest quarter ran +8.4% year on year. The net margin on that income is 18.4%, +0.8 percentage points against a year ago. Interest income is a proxy for the book; rate moves can shift it a few points in any one year.
FY26 revenue was ₹5,14,933 Cr, +5.0% on the year, and the latest quarter ran +8.4% year on year. The net margin on that revenue is 18.4% this quarter (+0.8 pp YoY) — growth with a widening margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
State Bank of India earns a return on equity of 15% in FY26. Its trough over the ladder below was −2% in FY18. For a lender the balance sheet is the operating asset, so equity return and asset return have to be read together.
FY26 ROE came in at 15%, recovered from a FY18 trough of −2%. Return on assets is withheld on this page — its two source series disagree for this quarter. That clears the bar a bank must beat for its book value to compound.
Why ROE moved: profit compounded 20.9% a year over 10 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
The quarterly return-on-equity and return-on-assets curves, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 40% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 2.9 points of State Bank of India over 8 quarters, the biggest move on the register. That takes domestic institutions to 26.5% of the company. Promoters moved −2.1 points over the same window, to 55.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +2.9 points over 8 quarters to 26.5%; Promoters: −2.1 points over 8 quarters to 55.5%; Foreign institutions: −0.3 points over 8 quarters to 10.8%.
Why the register moved: domestic institutions drove it (+2.9 points), absorbed on the other side by promoters (−2.1 points) — steady accumulation by institutions reading the same numbers this page reads.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
State Bank of India: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Bank of MaharashtraMAHABANK | 77.8/100Favorable setup100% evidence | FADING | 29.3/35 Income 15.8% · PAT 31% 100% evidence | 24.3/25 ROA 2% · ROE 22.6% · GNPA 1.4% 100% evidence | 10.2/20 P/BV 1.73× · P/BV÷ROE 0.08 100% evidence | 14.0/20 RS sector 17.2% · RS bench 15.3% · 1Y 43.9%8 of 12 weeks ahead 100% evidence |
| Exact sum: 29.3 + 24.3 + 10.2 + 14 = 77.8 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Indian Overseas BankIOB | 66.1/100Favorable setup87% evidence | ASLEEP | 31.5/35 Income 14.8% · PAT 51.8% 100% evidence | 17.0/25 ROA 1.4% · ROE 15.6% · GNPA — 72% evidence | 12.8/20 P/BV 1.66× · P/BV÷ROE 0.11 100% evidence | 4.8/20 RS sector -11.8% · RS bench -8.2% · 1Y -6.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 31.5 + 17 + 12.8 + 4.8 = 66.1 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -11.8% and the one-year return is -6.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 3Indian BankINDIANB | 62.0/100Mixed-positive evidence100% evidence | TURNING | 20.8/35 Income 9.5% · PAT 16.6% 100% evidence | 17.4/25 ROA 1.3% · ROE 15.4% · GNPA 1.9% 100% evidence | 9.0/20 P/BV 1.44× · P/BV÷ROE 0.09 100% evidence | 14.8/20 RS sector 6.8% · RS bench 4.8% · 1Y 37.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 20.8 + 17.4 + 9 + 14.8 = 62 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Union Bank of IndiaUNIONBANK | 61.3/100Mixed-positive evidence93% evidence | TURNING | 11.6/35 Income -1.3% · PAT 9.7% 100% evidence | 17.4/25 ROA 1.4% · ROE 15.7% · GNPA — 72% evidence | 13.1/20 P/BV 1.02× · P/BV÷ROE 0.07 100% evidence | 19.2/20 RS sector 14.7% · RS bench 12.5% · 1Y 43.1%2 of 12 weeks ahead 100% evidence |
| Exact sum: 11.6 + 17.4 + 13.1 + 19.2 = 61.3 · Decision use: Price leads the evidence: RS versus the benchmark is 12.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 5Bank of IndiaBANKINDIA | 56.0/100Mixed-positive evidence93% evidence | ASLEEP | 22.5/35 Income 6.2% · PAT 24.1% 100% evidence | 10.2/25 ROA 1% · ROE 12.4% · GNPA — 72% evidence | 14.8/20 P/BV 0.72× · P/BV÷ROE 0.06 100% evidence | 8.5/20 RS sector 1.1% · RS bench -0.8% · 1Y 30.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 22.5 + 10.2 + 14.8 + 8.5 = 56 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Punjab National BankPNB | 55.6/100Mixed-positive evidence82% evidence | TURNING | 20.1/35 Income 3.4% · PAT 32.3% 86% evidence | 12.1/25 ROA 1.1% · ROE 13% · GNPA — 72% evidence | 14.3/20 P/BV 0.87× · P/BV÷ROE 0.07 100% evidence | 9.1/20 RS sector -3.8% · RS bench 1.3% · 1Y 13.5%1 of 10 weeks ahead 70% evidence |
| Exact sum: 20.1 + 12.1 + 14.3 + 9.1 = 55.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7State Bank of Indiathis pageSBIN | 52.6/100Mixed-positive evidence84% evidence | TURNING | 13.2/35 Income 5.5% · PAT 8.6% 76% evidence | 14.0/25 ROA 1.1% · ROE 15.4% · GNPA — 68% evidence | 10.2/20 P/BV 1.58× · P/BV÷ROE 0.1 100% evidence | 15.2/20 RS sector 6.7% · RS bench 4.8% · 1Y 32.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 13.2 + 14 + 10.2 + 15.2 = 52.6 · Decision use: Price leads the evidence: RS versus the benchmark is 4.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 8Bank of BarodaBANKBARODA | 49.7/100Mixed-negative evidence87% evidence | ASLEEP | 9.2/35 Income 4.9% · PAT -6.3% 100% evidence | 12.8/25 ROA 1.2% · ROE 12.7% · GNPA — 72% evidence | 17.2/20 P/BV 0.76× · P/BV÷ROE 0.06 100% evidence | 10.5/20 RS sector 4.7% · RS bench -10.6% · 1Y 3.8%0 of 9 weeks ahead 70% evidence |
| Exact sum: 9.2 + 12.8 + 17.2 + 10.5 = 49.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 9Punjab & Sind BankPSB | 47.7/100Mixed-negative evidence94% evidence | ASLEEP | 24.5/35 Income 4.6% · PAT 25.4% 100% evidence | 8.0/25 ROA 1% · ROE 9.6% · GNPA 2.2% 100% evidence | 9.6/20 P/BV 1.15× · P/BV÷ROE 0.12 70% evidence | 5.6/20 RS sector -11.7% · RS bench -12.8% · 1Y -15.6%1 of 12 weeks ahead 100% evidence |
| Exact sum: 24.5 + 8 + 9.6 + 5.6 = 47.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -11.7% and the one-year return is -15.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 10Canara BankCANBK | 46.3/100Mixed-negative evidence100% evidence | ASLEEP | 12.5/35 Income 3.1% · PAT 17.8% 100% evidence | 13.3/25 ROA 0.6% · ROE 16.1% · GNPA 1.6% 100% evidence | 14.0/20 P/BV 0.96× · P/BV÷ROE 0.06 100% evidence | 6.5/20 RS sector -3% · RS bench -4.8% · 1Y 21.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 12.5 + 13.3 + 14 + 6.5 = 46.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 11IDBI Bank LtdIDBI | 44.8/100Mixed-negative evidence87% evidence | BREAKING OUT | 10.6/35 Income 0.9% · PAT 17.7% 100% evidence | 17.3/25 ROA 1.8% · ROE 14.1% · GNPA — 72% evidence | 13.1/20 P/BV 1.29× · P/BV÷ROE 0.09 100% evidence | 3.8/20 RS sector -30.5% · RS bench -10.3% · 1Y -8.7%6 of 10 weeks ahead 70% evidence |
| Exact sum: 10.6 + 17.3 + 13.1 + 3.8 = 44.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 12UCO BankUCOBANK | 43.5/100Mixed-negative evidence100% evidence | BASING | 16.2/35 Income 5.3% · PAT 12.6% 100% evidence | 8.0/25 ROA 0.8% · ROE 8.6% · GNPA 2.1% 100% evidence | 11.0/20 P/BV 0.96× · P/BV÷ROE 0.11 100% evidence | 8.3/20 RS sector -7.7% · RS bench -9.1% · 1Y -7.1%2 of 12 weeks ahead 100% evidence |
| Exact sum: 16.2 + 8 + 11 + 8.3 = 43.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Central Bank of IndiaCENTRALBK | 38.9/100Mixed-negative evidence94% evidence | BASING | 9.5/35 Income 9.4% · PAT 6.8% 100% evidence | 6.2/25 ROA 0.6% · ROE 11.9% · GNPA 2.6% 100% evidence | 18.7/20 P/BV 0.69× · P/BV÷ROE 0.06 100% evidence | 4.5/20 RS sector -9.1% · RS bench -13.3% · 1Y -12.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 9.5 + 6.2 + 18.7 + 4.5 = 38.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is State Bank of India's share price today?
State Bank of India trades at ₹1,068, +29.2% over the past year. The company is valued at ₹9,85,553 Cr. The stock sits at 57% of its 52-week range of ₹867–₹1,216, +6.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 64 weeks in. — as of 14 August 2026.
What were State Bank of India's latest quarterly results?
State Bank of India reported total income of ₹1,36,240 Cr and net profit of ₹25,121 Cr for the Jun 26 quarter. Income rose 8.4% and profit rose 13.6% year on year. Earnings per share were ₹26.12. The net margin was 18.4%, 0.8 pp higher than a year earlier. — as of 14 August 2026.
What is State Bank of India's revenue?
State Bank of India reported revenue of ₹1,36,240 Cr in the Jun 26 quarter, +8.4% year on year. For the full FY26 fiscal year, revenue was ₹5,14,933 Cr (+5.0%). Over the last 10 years revenue compounded at 8.8% a year. — as of 14 August 2026.
What is State Bank of India's profit?
State Bank of India earned ₹25,121 Cr of net profit in the Jun 26 quarter, +13.6% year on year — the 5th straight quarter of growth. Full-year FY26 profit was ₹86,666 Cr. The net margin ran 18.4% in the latest quarter. — as of 14 August 2026.
What is State Bank of India's market cap?
State Bank of India's market capitalisation is ₹9,85,553 Cr at a share price of ₹1,068. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.
What is State Bank of India's P/BV ratio?
State Bank of India trades at a P/BV of 1.6×, at the 78th percentile of its own 11-year range, against a long-run median of 1.3×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.
Does State Bank of India pay a dividend?
Yes — State Bank of India's dividend payout was 19% of profit in FY26, and it recorded a payout in 10 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 14 August 2026.
Is State Bank of India overvalued?
On its own history, State Bank of India looks expensive: its P/BV of 1.6× sits at the 78th percentile of its 11-year range (long-run median 1.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: the net margin is the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 14 August 2026.
Is State Bank of India growing?
Yes — State Bank of India is growing: latest-quarter revenue +8.4% year on year, profit +13.6%, and the net margin +0.8 pp at 18.4%. The 10-year compound rates are 8.8% (revenue) and 20.9% (profit). The earnings engine currently reads: improving — as of 14 August 2026.
How is State Bank of India performing?
State Bank of India is in a confirmed uptrend, 64 weeks in. Its latest quarter's income rose 8.4% and profit rose 13.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 14 August 2026.
What stage is State Bank of India in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROE at 15.0% and holding. The read comes from the last 12 quarters of growth (revenue growth +5.5% latest, profit growth +8.6% latest, eps growth +4.9% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 14 August 2026.
Is State Bank of India in an uptrend?
Yes — the price is in a confirmed uptrend (week 64 of stage 2), trading +6.0% versus its 200-day average and at 57% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.
Is State Bank of India beating the market?
On recent form, yes — State Bank of India has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +585% against the NIFTY 500's +284% — ahead of the index over the full window. — as of 14 August 2026.
Will State Bank of India's share price go up?
This page publishes no price forecast for State Bank of India. What it measures instead: the share price is ₹1,068, the price is in a confirmed uptrend 64 weeks in. Its P/BV of 1.6× sits at the 78th percentile of its own 11-year range. — as of 14 August 2026.
Who owns State Bank of India?
Promoters hold 55.5% of State Bank of India, foreign institutions 10.8%, domestic institutions 26.5% and the public 7.1% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 2.9 points over 8 quarters. — as of 14 August 2026.
Is State Bank of India's loan book healthy?
Gross NPA is 1.57% of State Bank of India's loan book, down from 2.07% a year ago — the 2nd straight quarter of improvement, and net NPA stands at 0.39%. Falling NPAs are a loan book healing; rising NPAs are damage arriving — as of 14 August 2026.
Where is State Bank of India in its business cycle?
State Bank of India's FY26 net margin was 16.8%, against a 13-year band of −1.6%–16.8%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 18.4%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.
What could break the State Bank of India story?
The sharpest disagreement: the price moved +29.2% in a year while annual EPS moved +3.8% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.
Is State Bank of India a stock worth studying right now?
This is not investment advice. The machine read: State Bank of India's price has outrun its earnings. +29.2% in a year against EPS +3.8% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.