State Bank of India Intrinsic Value

SBIN • Banks
Current Stock Price
₹1061.45
Primary Intrinsic Value
₹1094.88
Market Cap
₹947.9K Cr
+100.0% Upside
Median Value
₹2122.90
Value Range
₹584 - ₹3184
Assessment
Trading Below Calculated Value
Safety Margin
50.0%

SBIN Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹1094.88 ₹875.90 - ₹1313.86 +3.1% EPS: ₹91.24, Sector P/E: 12x
Book Value Method asset ₹2653.62 ₹2388.26 - ₹2918.98 +150.0% Book Value/Share: ₹5655.80, P/B: 0.8x
Revenue Multiple Method revenue ₹2122.90 ₹1910.61 - ₹2335.19 +100.0% Revenue/Share: ₹8014.51, P/S: 1.0x
EBITDA Multiple Method earnings ₹2122.90 ₹1910.61 - ₹2335.19 +100.0% EBITDA: ₹114628.00Cr, EV/EBITDA: 5x
Simple DCF (5Y) dcf ₹2653.62 ₹2122.90 - ₹3184.34 +150.0% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹583.94 ₹525.55 - ₹642.33 -45.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹751.82 ₹676.64 - ₹827.00 -29.2% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹2122.90 ₹1910.61 - ₹2335.19 +100.0% ROE: 17.3%, P/E Multiple: 14x
Graham Defensive Method conservative ₹3184.35 ₹2865.91 - ₹3502.79 +200.0% EPS: ₹91.24, BVPS: ₹5655.80
Method Types: Earnings Asset DCF Growth Dividend Conservative

Valuation Comparison Chart

SBIN Intrinsic Value Analysis

What is the intrinsic value of SBIN?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of State Bank of India (SBIN) is ₹2122.90 (median value). With the current market price of ₹1061.45, this represents a +100.0% variance from our estimated fair value.

The valuation range spans from ₹583.94 to ₹3184.35, indicating ₹583.94 - ₹3184.35.

Is SBIN undervalued or overvalued?

Based on our multi-method analysis, State Bank of India (SBIN) appears to be trading below calculated value by approximately 100.0%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 0.12 Industry Standard: 2.0+ Below 1.5 Measures short-term liquidity capacity
Return on Equity 17.3% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 44.0% Industry Standard: 20%+ Above 20% Indicates operational efficiency level
Asset Turnover Ratio 0.10x Industry Standard: 1.0x+ Below 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹48,486 Cr ₹46,793 Cr Positive Free Cash Flow 8/10
March 2024 ₹21,632 Cr ₹19,894 Cr Positive Free Cash Flow 8/10
March 2023 ₹-86,014 Cr ₹-86,497 Cr Negative Cash Flow 3/10
March 2022 ₹57,695 Cr ₹56,369 Cr Positive Free Cash Flow 8/10
March 2021 ₹89,919 Cr ₹88,084 Cr Positive Free Cash Flow 8/10