Company Valuation: State Bank of India

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,404,742 4,674,266 6,714,432 6,885,338 9,040,467 9,996,759 - -
Change - 6.12% 43.65% 2.55% 31.3% 10.58% - -
Enterprise Value (EV) 4,404,742 4,674,266 6,714,432 6,885,338 9,040,467 9,996,759 9,996,759 9,996,759
Change - 6.12% 43.65% 2.55% 31.3% 10.58% 0% 0%
P/E 13.9x 9.3x 11x 9.71x 11.2x 11.5x 10.3x 9.21x
PBR 1.57x 1.43x 1.78x 1.56x 1.66x 1.67x 1.48x 1.32x
PEG - 0.2x 0.5x 0.6x 1.1x 1.55x 0.9x 0.8x
Capitalization / Revenue 2.73x 2.58x 3.17x 3.01x 3.74x 3.68x 3.27x 2.93x
EV / Revenue 0x 0x 0x 0x 0x 3.68x 3.27x 2.93x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.22x 6.34x 5.62x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 7.1 11.3 13.7 15.9 17.35 18.35 19.97 21.47
Rate of return 1.44% 2.16% 1.82% 2.06% 1.77% 1.69% 1.84% 1.98%
EPS 2 35.49 56.29 68.44 79.44 87.59 94.1 105 117.6
Distribution rate 20% 20.1% 20% 20% 19.8% 19.5% 19% 18.3%
Net sales 1 1,612,715 1,814,561 2,115,580 2,286,482 2,419,708 2,719,565 3,053,353 3,411,172
EBITDA - - - - - - - -
EBIT 1 752,924 837,130 937,972 1,105,792 1,184,220 1,384,566 1,576,864 1,778,582
Net income 1 316,760 502,324 610,766 709,006 800,320 871,059 969,259 1,085,355
Net Debt - - - - - - - -
Reference price 2 493.55 523.75 752.35 771.50 979.40 1,083.00 1,083.00 1,083.00
Nbr of stocks (in thousands) 8,924,612 8,924,612 8,924,612 8,924,612 9,230,618 9,230,618 - -
Announcement Date 13/05/22 18/05/23 09/05/24 03/05/25 08/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.37x - - 1.74% 965B
13.7x - - 1.86% 448B
12.68x - - 4.13% 353B
18.85x - - 2.27% 299B
12.06x - - 2.16% 266B
15.03x - - 2.64% 262B
12.03x - - 2.11% 211B
25.24x - - 3.05% 199B
18.3x - - 2.57% 203B
Average 15.81x 2.5% 356.4B
Weighted average by Cap. 15.14x 2.33%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SBIN Stock
  4. SID Stock
  5. Valuation State Bank of India