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 9,369,077 - -
Change - 6.12% 43.65% 2.55% 31.3% 3.63% - -
Enterprise Value (EV) 4,404,742 4,674,266 6,714,432 6,885,338 9,040,467 9,369,077 9,369,077 9,369,077
Change - 6.12% 43.65% 2.55% 31.3% 3.63% 0% 0%
P/E 13.9x 9.3x 11x 9.71x 11.2x 11.3x 9.96x 9.04x
PBR 1.57x 1.43x 1.78x 1.56x 1.66x 1.58x 1.4x 1.24x
PEG - 0.2x 0.5x 0.6x 1.1x 5.03x 0.7x 0.9x
Capitalization / Revenue 2.73x 2.58x 3.17x 3.01x 3.74x 3.49x 3.09x 2.76x
EV / Revenue 0x 0x 0x 0x 0x 3.49x 3.09x 2.76x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.01x 6.05x 5.32x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 7.1 11.3 13.7 15.9 17.35 18.01 20.06 21.08
Rate of return 1.44% 2.16% 1.82% 2.06% 1.77% 1.77% 1.98% 2.08%
EPS 2 35.49 56.29 68.44 79.44 87.59 89.56 101.9 112.3
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 2,684,997 3,028,894 3,391,403
EBITDA - - - - - - - -
EBIT 1 752,924 837,130 937,972 1,105,792 1,184,220 1,336,150 1,549,474 1,761,961
Net income 1 316,760 502,324 610,766 709,006 800,320 824,551 940,493 1,046,599
Net Debt - - - - - - - -
Reference price 2 493.55 523.75 752.35 771.50 979.40 1,015.00 1,015.00 1,015.00
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.($)
13.98x - - 1.79% 939B
13.28x - - 1.91% 435B
6.02x - - 5.15% 388B
12.75x - - 4.05% 355B
5.75x - - 5.3% 301B
18.57x - - 2.3% 291B
6.09x - - 5.14% 269B
11.86x - - 2.21% 261B
15.29x - - 2.59% 258B
Average 11.51x 3.38% 388.7B
Weighted average by Cap. 11.89x 3.1%

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