State Bank of India (SBIN) Share Price & Analysis
State Bank of India (SBIN) — Banks - Regional
State Bank of India Key Fundamental Metrics
Executive Investment Overview & Business Profile
State Bank of India currently trades at an attractive P/E ratio of 11.907374, reflecting a discounted valuation compared to broader sector averages.
State Bank of India is one of the premier companies in India's Banking sector. Currently trading at ₹1,085 with a market capitalization of ₹10.02 Lakh Cr, the company occupies a key position in the Indian equity market.
Investors evaluating State Bank of India focus closely on its capital return metrics: Return on Equity (ROE) stands at 15.48% alongside operating margins of 28.96%. The company's earnings multiple of 11.907374 P/E provides a clear signal of market expectation relative to sector peers.
Company Profile & Information
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.