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SBKFF (State Bank of India) Cyclically Adjusted PS Ratio : 2.99 (As of Jun. 01, 2025)


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What is State Bank of India Cyclically Adjusted PS Ratio?

As of today (2025-06-01), State Bank of India's current share price is $100.20. State Bank of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $33.56. State Bank of India's Cyclically Adjusted PS Ratio for today is 2.99.

The historical rank and industry rank for State Bank of India's Cyclically Adjusted PS Ratio or its related term are showing as below:

SBKFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.93   Max: 3.05
Current: 2.67

During the past years, State Bank of India's highest Cyclically Adjusted PS Ratio was 3.05. The lowest was 0.70. And the median was 1.93.

SBKFF's Cyclically Adjusted PS Ratio is ranked better than
51.37% of 1244 companies
in the Banks industry
Industry Median: 2.715 vs SBKFF: 2.67

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

State Bank of India's adjusted revenue per share data for the three months ended in Mar. 2025 was $11.453. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $33.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


State Bank of India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for State Bank of India's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

State Bank of India Cyclically Adjusted PS Ratio Chart

State Bank of India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 2.04 2.00 2.65 2.53

State Bank of India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 2.91 2.63 2.61 2.53

Competitive Comparison of State Bank of India's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, State Bank of India's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


State Bank of India's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, State Bank of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where State Bank of India's Cyclically Adjusted PS Ratio falls into.


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State Bank of India Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

State Bank of India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.20/33.56
=2.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

State Bank of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, State Bank of India's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.453/157.5517*157.5517
=11.453

Current CPI (Mar. 2025) = 157.5517.

State Bank of India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.842 99.841 9.219
201509 6.169 101.753 9.552
201512 6.062 102.901 9.282
201603 6.776 102.518 10.413
201606 6.341 105.961 9.428
201609 7.845 105.961 11.665
201612 7.110 105.196 10.649
201703 6.787 105.196 10.165
201706 6.302 107.109 9.270
201709 6.841 109.021 9.886
201712 6.830 109.404 9.836
201803 7.805 109.786 11.201
201806 6.235 111.317 8.825
201809 6.401 115.142 8.759
201812 7.044 115.142 9.638
201903 6.892 118.202 9.186
201906 6.975 120.880 9.091
201909 7.733 123.175 9.891
201912 8.646 126.235 10.791
202003 8.088 124.705 10.218
202006 7.055 127.000 8.752
202009 8.591 130.118 10.402
202012 8.960 130.889 10.785
202103 10.003 131.771 11.960
202106 8.379 134.084 9.845
202109 9.510 135.847 11.029
202112 9.688 138.161 11.048
202203 7.851 138.822 8.910
202206 7.549 142.347 8.355
202209 9.711 144.661 10.576
202212 10.576 145.763 11.431
202303 9.580 146.865 10.277
202306 10.123 150.280 10.613
202309 10.967 151.492 11.406
202312 11.440 152.924 11.786
202403 11.206 153.035 11.537
202406 10.796 155.789 10.918
202409 12.062 157.882 12.037
202412 11.926 158.323 11.868
202503 11.453 157.552 11.453

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


State Bank of India  (OTCPK:SBKFF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


State Bank of India Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of State Bank of India's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


State Bank of India Business Description

Traded in Other Exchanges
Address
Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, Nariman Point, Mumbai, MH, IND, 400 021
State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India, It also operates in Foreign Countries.