State Bank of India Intrinsic Value
State Bank of India (SBIN) median intrinsic value is ₹2030.00 from 10 valuation models (range ₹434–₹3045), vs current price ₹1015.00 — +100.0% upside (Trading Below Calculated Value), margin of safety 50.0%. Read SBIN dividend yield for the complete payout history and dividend yield track record.
SBIN Valuation Methods Summary — DCF, Graham Number & P/E
State Bank of India intrinsic value across 10 models vs current price ₹1015.00 — upside/downside and value range per method. Analyse SBIN promoter holding to track promoter, FII and institutional holdings.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹1021.44 | ₹817.15 - ₹1225.73 | +0.6% | EPS: ₹85.12, Sector P/E: 12x |
| Book Value Method | asset | ₹2537.50 | ₹2283.75 - ₹2791.25 | +150.0% | Book Value/Share: ₹6661.96, P/B: 0.8x |
| Revenue Multiple Method | revenue | ₹2030.00 | ₹1827.00 - ₹2233.00 | +100.0% | Revenue/Share: ₹7847.41, P/S: 1.0x |
| EBITDA Multiple Method | earnings | ₹2030.00 | ₹1827.00 - ₹2233.00 | +100.0% | EBITDA: ₹104304.00Cr, EV/EBITDA: 5x |
| Simple DCF (5Y) | dcf | ₹2537.50 | ₹2030.00 - ₹3045.00 | +150.0% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹544.77 | ₹490.29 - ₹599.25 | -46.3% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹701.39 | ₹631.25 - ₹771.53 | -30.9% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹2030.00 | ₹1827.00 - ₹2233.00 | +100.0% | ROE: 13.3%, P/E Multiple: 12x |
| Graham Defensive Method | conservative | ₹3045.00 | ₹2740.50 - ₹3349.50 | +200.0% | EPS: ₹85.12, BVPS: ₹6661.96 |
| Dividend Yield Method | dividend | ₹433.75 | ₹390.38 - ₹477.13 | -57.3% | DPS: ₹17.35, Target Yield: 4.0% |
SBIN Intrinsic Value vs Market Price — All Valuation Models
State Bank of India fair value range ₹434–₹3045 vs current market price ₹1015.00 across 10 valuation models. For current market price and key ratios, visit SBIN stock price BSE.
SBIN Intrinsic Value Analysis — Undervalued or Overvalued?
State Bank of India median intrinsic value ₹2030.00, current price ₹1015.00 — Trading Below Calculated Value by 100.0%, margin of safety 50.0%.
What is the intrinsic value of SBIN?
Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of State Bank of India (SBIN) is ₹2030.00 (median value). With the current market price of ₹1015.00, this represents a +100.0% variance from our estimated fair value.
The valuation range spans from ₹433.75 to ₹3045.00, indicating ₹433.75 - ₹3045.00.
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%.
SBIN Financial Health — Key Ratios vs Industry Benchmarks
State Bank of India financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| 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 | 13.3% | Industry Standard: 15%+ | Above 10% | Measures shareholder return efficiency |
| Operating Margin | 43.0% | Industry Standard: 20%+ | Above 20% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.09x | Industry Standard: 1.0x+ | Below 0.5x | Measures asset utilization efficiency |
SBIN Cash Flow Quality — Operating & Free Cash Flow
State Bank of India operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2026 | ₹38,097 Cr | ₹38,097 Cr | Positive Free Cash Flow | 8/10 |
| March 2025 | ₹45,484 Cr | ₹43,791 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 |