State Bank of India P/B Ratio
State Bank of India (SBIN) P/B ratio is 1.55 (Moderate), book value per share ₹6661.96 vs Banks average P/B of 1.43 — Moderate - Reasonably valued relative to book value. Read State Bank of India dividend payments for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
SBIN P/B Ratio — Valuation Insights & Book Value Analysis
State Bank of India price-to-book ratio interpretation, valuation status and historical context — current P/B 1.55 (Moderate). For live price, earnings yield and the full fundamental profile, see State Bank of India stock price NSE.
- Current PB is 868.8% above historical average
State Bank of India P/B Ratio Historical Trend
SBIN annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Explore SBIN investment value to estimate fundamental worth using multiple valuation models.
SBIN Historical P/B Ratio — Book Value Per Share & Year-End Price
State Bank of India annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.15 | ₹6661.96 | ₹996.20 | ₹614,899 | Low |
| 2025 | 0.17 | ₹5655.8 | ₹982.20 | ₹505,063 | Low |
| 2024 | 0.16 | ₹4821.47 | ₹794.95 | ₹430,557 | Low |
| 2023 | 0.15 | ₹4163.14 | ₹642.05 | ₹371,768 | Low |
| 2022 | 0.17 | ₹3547.55 | ₹613.70 | ₹316,796 | Low |
SBIN vs Banks Peers — P/B Ratio Comparison
State Bank of India P/B 1.55 vs Banks average 1.43, median 1.23 — range 0.73–4.05.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Bank of Baroda | BANKBARODA | 0.73 | ₹123,146 | Low |
| Central Bank of India | CENTRALBK | 0.75 | ₹27,824 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.77 | ₹1,539 | Low |
| Bank of India | BANKINDIA | 0.78 | ₹63,737 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.83 | ₹1,225 | Low |
| Dhanlaxmi Bank | DHANBANK | 0.9 | ₹1,229 | Low |
| Punjab National Bank | PNB | 0.92 | ₹134,180 | Low |
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.95 | ₹2,527 | Low |
| Canara Bank | CANBK | 0.96 | ₹112,476 | Low |
| Karnataka Bank | KTKBANK | 1.0 | ₹12,305 | Moderate |