SBINPublic Sector Bank
State Bank of India — PE Ratio & Valuation Analysis
₹979.40
-3.36%
Current P/E11.42xPrice to earnings
Industry P/E8.20xSector average
4Y Avg P/E11.9x4.2% below avg
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39.3% Premium to Industry
SBIN P/E 11.42x vs sector avg 8.20x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹86.91 | ₹982 | 11.3x |
| 2024 | ₹75.17 | ₹796 | 10.6x |
| 2023 | ₹62.35 | ₹642 | 10.3x |
| 2022 | ₹39.64 | ₹614 | 15.5x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding State Bank of India Valuation
State Bank of India (SBIN) currently trades at 11.42x earnings. The Public Sector Bank sector average PE is 8.20x. SBIN commands a premium, reflecting high growth expectations. Historically, SBIN has traded at an average PE of 11.9x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
17.20%
Dividend Yield
1.63%
More on State Bank of India
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.