State Bank of India
SBIN.NS

$85.31 B
Marketcap
$9.56
Share price
Country
$-0.24
Change (1 day)
$10.74
Year High
$7.07
Year Low
Categories

State Bank of India provides 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, salary accounts, fixed and recurring deposits, and flexi and annual deposits; home, personal, auto, education, and gold loans, as well as loans against property and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; and mobile and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, cash management, and asset-backed loans, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro-credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and merchant banking, advisory, securities broking, business & management consultancy, trustee business, factoring, payment, asset management, investment management, credit cards, and custody and fund accounting services. It also offers support and business correspondent services. As of March 31, 2022, the company operated 22,266 branches and 65,030 ATMs. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.

marketcap

P/E ratio for State Bank of India (SBIN.NS)

P/E ratio as of 2023: 10.09

According to State Bank of India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.09. At the end of 2022 the company had a P/E ratio of 8.40.

P/E ratio history for State Bank of India from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 10.09
2022 8.40
2021 12.45
2020 14.51
2019 8.89
2018 125.25
2017 -47.12
2016 1060.87
2015 13.86
2014 13.71
2013 11.80
2012 10.15
2011 11.92
2010 22.57
2009 15.09
2008 8.33
2007 15.15
2006 12.36
2005 14.08
2004 9.63