State Bank of India Peer Comparison
SBIN · Financial Services · Current price ₹962.6
Peers tracked
11
State Bank of India P/E
10.7x
Sector
Financial Services
State Bank of India vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| HDFC Bank Limited | ₹728.85 | 13.0x | 11,22,628 |
| ICICI Bank Limited | ₹1,397 | 16.6x | 10,02,871 |
| State Bank of India | ₹962.6 | 11.7x | 8,87,723 |
| Kotak Mahindra Bank Limited | ₹447.4 | 20.4x | 4,43,676 |
| Axis Bank Limited | ₹1,290 | 14.0x | 4,00,583 |
| Punjab National Bank | ₹116.3 | 6.1x | 1,33,433 |
| Union Bank of India | ₹171.68 | 6.7x | 1,31,298 |
| Bank of Baroda | ₹230.4 | 6.7x | 1,18,941 |
| Indian Bank | ₹854.1 | 9.1x | 1,14,896 |
| Canara Bank | ₹118.29 | 5.7x | 1,07,578 |
| IDBI Bank Limited | ₹84.12 | 9.4x | 90,438 |
State Bank of India versus its peers
State Bank of India operates in the Financial Services space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 10.7x may be cheap in one industry and expensive in another.
More on State Bank of India
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.