State Bank of India (SBIN) Stock Price, Fundamentals & Analysis

What SBIN does

State Bank of India (SBIN) is a stock listed on the National Stock Exchange of India and a member of the Nifty 50. It operates in the Financial Services sector, specifically the Banks - Regional industry, and provides banking products and services in India and internationally. The company works through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. Its retail offerings include current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans; debit and prepaid cards; overdrafts; mutual funds; insurance; equity trading; remittance services; and digital and mobile banking. On the corporate side, it provides working capital and project finance, corporate term loans, structured finance, equipment leasing, loan syndication, and trade and service products.

Key numbers explained

• The current price is 983 INR, up +0.46% today. The 52-week range is 856 – 1,234.7, and the price is up 12.4% over the past year.
• The trailing P/E ratio of 10.5 shows how much investors pay per rupee of the last 12 months' earnings; the forward P/E ratio of 9.4 uses expected future earnings.
• The dividend yield is 1.77%, meaning the company pays back 19% of its earnings as dividends, with the next ex-dividend date on May 15, 2026.
• The beta of 0.39 suggests the stock tends to move less than the overall market, which is typical for large banks.
• Return on equity of 15.2% indicates how efficiently the company generates profit from shareholders' equity.
• The price-to-book ratio of 1.46 compares the market price to the company's book value per share.
• Trailing 12-month revenue is 3.85T INR, growing 10.3% year over year, with a profit margin of 22.4% and an operating margin of 35.7%.

What to watch

Investors tracking SBIN often look at the broader banking sector and peer companies such as Kotak Mahindra Bank (KOTAKBANK), HDFC Bank (HDFCBANK), and Axis Bank (AXISBANK). Interest rate changes, regulatory shifts, and credit quality trends can affect regional banks like State Bank of India. Earnings reports, the upcoming release on Nov 4, 2026, and dividend policy updates are common focus points. The stock's inclusion in the Nifty 50 also means it is closely watched as a barometer for the Indian equity market.