Company Valuation: State Bank of India

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,404,742 4,674,266 6,714,432 6,885,338 9,040,467 9,483,537 - -
Change - 6.12% 43.65% 2.55% 31.3% 4.9% - -
Enterprise Value (EV) 4,404,742 4,674,266 6,714,432 6,885,338 9,040,467 9,483,537 9,483,537 9,483,537
Change - 6.12% 43.65% 2.55% 31.3% 4.9% 0% 0%
P/E 13.9x 9.3x 11x 9.71x 11.2x 11.5x 10.1x 9.15x
PBR 1.57x 1.43x 1.78x 1.56x 1.66x 1.6x 1.42x 1.26x
PEG - 0.2x 0.5x 0.6x 1.1x 5x 0.7x 0.9x
Capitalization / Revenue 2.73x 2.58x 3.17x 3.01x 3.74x 3.54x 3.13x 2.8x
EV / Revenue 0x 0x 0x 0x 0x 3.54x 3.13x 2.8x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.09x 6.12x 5.38x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 7.1 11.3 13.7 15.9 17.35 18.02 20.06 21.08
Rate of return 1.44% 2.16% 1.82% 2.06% 1.77% 1.75% 1.95% 2.05%
EPS 2 35.49 56.29 68.44 79.44 87.59 89.6 101.9 112.3
Distribution rate 20% 20.1% 20% 20% 19.8% 20.1% 19.7% 18.8%
Net sales 1 1,612,715 1,814,561 2,115,580 2,286,482 2,419,708 2,681,568 3,028,894 3,391,403
EBITDA - - - - - - - -
EBIT 1 752,924 837,130 937,972 1,105,792 1,184,220 1,337,908 1,549,474 1,761,961
Net income 1 316,760 502,324 610,766 709,006 800,320 825,700 940,493 1,046,599
Net Debt - - - - - - - -
Reference price 2 493.55 523.75 752.35 771.50 979.40 1,027.40 1,027.40 1,027.40
Nbr of stocks (in thousands) 8,924,612 8,924,612 8,924,612 8,924,612 9,230,618 9,230,618 - -
Announcement Date 5/13/22 5/18/23 5/9/24 5/3/25 5/8/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.92x - - 1.79% 935B
13.25x - - 1.91% 433B
6.27x - - 4.94% 402B
13.14x - - 3.96% 364B
6.02x - - 5.07% 316B
18.47x - - 2.31% 291B
6.31x - - 4.99% 273B
11.88x - - 2.21% 261B
14.54x - - 2.72% 252B
Average 11.53x 3.32% 391.96B
Weighted average by Cap. 11.86x 3.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SBIN Stock
  4. SID Stock
  5. Valuation State Bank of India