| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
SBIN Stock Overview
State Bank of India provides various banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally.
State Bank of India Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹470.50 |
| 52 Week High | ₹542.30 |
| 52 Week Low | ₹242.05 |
| Beta | 0.97 |
| 1 Month Change | -9.37% |
| 3 Month Change | 14.07% |
| 1 Year Change | 92.63% |
| 3 Year Change | 65.29% |
| 5 Year Change | 85.16% |
| Change since IPO | 2,371.11% |
Recent News & Updates
Does State Bank of India (NSE:SBIN) Deserve A Spot On Your Watchlist?
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Here's Why I Think State Bank of India (NSE:SBIN) Is An Interesting Stock
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| SBIN | IN Banks | IN Market | |
|---|---|---|---|
| 7D | -6.6% | -4.9% | -3.3% |
| 1Y | 92.6% | 22.7% | 43.0% |
Return vs Industry: SBIN exceeded the Indian Banks industry which returned 27.9% over the past year.
Return vs Market: SBIN exceeded the Indian Market which returned 47.7% over the past year.
Price Volatility
| SBIN volatility | |
|---|---|
| SBIN Average Weekly Movement | 3.8% |
| Banks Industry Average Movement | 5.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 3.8% |
Stable Share Price: SBIN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SBIN's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1806 | 245,652 | Swaminathan Janakiraman | https://www.sbi.co.in |
State Bank of India provides various banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, term deposits, and recurring deposits; home, auto, education, gold, and personal loans, as well as loans against property and securities; and wealth management, mobile and internet banking, demat, foreign inward remittance, safe deposit locker, public provident fund, money transfer, pension policy, and mobile wallet services, as well as cards and inflation indexed national savings securities cumulative bonds.
State Bank of India Fundamentals Summary
| SBIN fundamental statistics | |
|---|---|
| Market Cap | ₹4.20t |
| Earnings (TTM) | ₹286.53b |
| Revenue (TTM) | ₹2.01t |
14.7x
P/E Ratio1.4x
P/B RatioIs SBIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SBIN income statement (TTM) | |
|---|---|
| Revenue | ₹2.01t |
| Cost of Revenue | ₹0 |
| Gross Profit | ₹2.01t |
| Expenses | ₹1.72t |
| Earnings | ₹286.53b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 32.11 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.27% |
| Debt/Equity Ratio | 144.6% |
How did SBIN perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield12%
Payout RatioValuation
Is State Bank of India undervalued compared to its fair value and its price relative to the market?
14.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SBIN (₹470.5) is trading above our estimate of fair value (₹350.24)
Significantly Below Fair Value: SBIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SBIN is good value based on its PE Ratio (14.7x) compared to the Indian Banks industry average (16.9x).
PE vs Market: SBIN is good value based on its PE Ratio (14.7x) compared to the Indian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SBIN is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SBIN is overvalued based on its PB Ratio (1.4x) compared to the IN Banks industry average (1.1x).
Future Growth
How is State Bank of India forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
23.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SBIN's forecast earnings growth (23.8% per year) is above the savings rate (6.7%).
Earnings vs Market: SBIN's earnings (23.8% per year) are forecast to grow faster than the Indian market (20.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SBIN's revenue (13.3% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: SBIN's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SBIN's Return on Equity is forecast to be low in 3 years time (14.3%).
Past Performance
How has State Bank of India performed over the past 5 years?
52.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SBIN has a high level of non-cash earnings.
Growing Profit Margin: SBIN's current net profit margins (14.3%) are lower than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: SBIN's earnings have grown significantly by 52.9% per year over the past 5 years.
Accelerating Growth: SBIN's earnings growth over the past year (22.1%) is below its 5-year average (52.9% per year).
Earnings vs Industry: SBIN earnings growth over the past year (22.1%) underperformed the Banks industry 32.4%.
Return on Equity
High ROE: SBIN's Return on Equity (10%) is considered low.
Financial Health
How is State Bank of India's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBIN's Assets to Equity ratio (16.6x) is moderate.
Allowance for Bad Loans: SBIN has a low allowance for bad loans (30%).
Low Risk Liabilities: 81% of SBIN's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBIN has an appropriate level of Loans to Assets ratio (50%).
Low Risk Deposits: SBIN's Loans to Deposits ratio (65%) is appropriate.
Level of Bad Loans: SBIN has a high level of bad loans (5%).
Dividend
What is State Bank of India current dividend yield, its reliability and sustainability?
0.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SBIN's dividend (0.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: SBIN's dividend (0.85%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).
Stability and Growth of Payments
Stable Dividend: SBIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.5%), SBIN's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBIN's dividends in 3 years are forecast to be well covered by earnings (18% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Swaminathan Janakiraman (57 yo)
0.83
Tenure
₹511,645
Compensation
Shri. Swaminathan Janakiraman serves as Managing Director of Risk, Compliance and Stresses Assets Resolution Group (R, C & SARG) and serves as its Director at State Bank of India since January 28, 2021. He...
CEO Compensation Analysis
Compensation vs Market: Swaminathan's total compensation ($USD6.87K) is below average for companies of similar size in the Indian market ($USD1.14M).
Compensation vs Earnings: Insufficient data to compare Swaminathan's compensation with company performance.
Leadership Team
Experienced Management: SBIN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: SBIN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
State Bank of India's employee growth, exchange listings and data sources
Key Information
- Name: State Bank of India
- Ticker: SBIN
- Exchange: NSEI
- Founded: 1806
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹4.199t
- Shares outstanding: 8.92b
- Website: https://www.sbi.co.in
Number of Employees
Location
- State Bank of India
- State Bank Bhavan
- 14th Floor
- Mumbai
- Maharashtra
- 400021
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/26 15:50 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.