State Bank of IndiaSBKFF 63 PB Ratio is 1.54 as of Jul. 03, 2026, which is 16% above its 10-year median of 1.33. GuruFocus rates SBKFF with a GF Score™ of 63/100 and a GF Value™ of $86.60 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,517 Banks companies, State Bank of India ranks worse than 81.54% on this metric.
The historical rank and industry rank for State Bank of India's PB Ratio or its related term are showing as below:
SBKFF'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.33 Max: 1.9
Current: 1.61
During the past 13 years, State Bank of India's highest PB Ratio was 1.90. The lowest was 0.54. And the median was 1.33.
SBKFF's PB Ratio is ranked worse than 81.54% of 1517
companies
in the Banks industry
Industry Median: 1.1
vs SBKFF: 1.61
During the past 12 months, State Bank of India's average Book Value Per Share Growth Rate was 18.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of State Bank of India was 19.70% per year. The lowest was 1.10% per year. And the median was 11.60% per year.
Back to Basics: PB Ratio
State Bank of India (OTCPK:SBKFF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
State Bank of India PB Ratio Related Terms
State Bank of India PB Ratio Historical Data
* Premium members only.
The historical data trend for State Bank of India's PB 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.
For the Banks - Regional subindustry, State Bank of India's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, State Bank of India's PB Ratio distribution charts can be found below:
* The bar in red indicates where State Bank of India's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
State Bank of India (SBKFF) has a PB Ratio of 1.54 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on State Bank of India and its competitors. This is 16% above median its historical median of 1.33. Over the past decade, State Bank of India's PB Ratio has ranged from 0.54 to 1.90. According to the industry distribution chart, State Bank of India ranks #1237 out of 1517 companies in the Banks industry, placing it in the top 81.5%.
Is State Bank of India's PB Ratio too high?
State Bank of India's current PB Ratio of 1.54 is 16% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.90. The Banks industry median PB Ratio is 1.10. State Bank of India's value of 1.54 is 40% above this industry median. Based on the distribution chart, State Bank of India ranks #1237 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, State Bank of India has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does State Bank of India's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, State Bank of India ranks #1237 out of 1517 companies for PB Ratio. This places State Bank of India in the lower half of its industry. The industry median PB Ratio is 1.10. State Bank of India's value of 1.54 is 40% above this benchmark. Historically, State Bank of India's own PB Ratio has ranged from 0.54 to 1.90 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.10, State Bank of India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,517 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Bank of India's current PB Ratio of 1.54 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on State Bank of India and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Bank of India's current PB Ratio is 1.54, which is 16% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Bank of India stock overvalued right now?
Based on GuruFocus' analysis, State Bank of India (SBKFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $86.60, compared to a current price of $107.42 — trading 24% above its estimated fair value. The current PB Ratio is 1.54, which is 16% above median its 10-year median of 1.33 and 40% above the Banks industry median of 1.10. State Bank of India's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For State Bank of India (SBKFF), the current PB Ratio is 1.54 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is State Bank of India (SBKFF) Overvalued in 2026?
Based on GuruFocus' analysis, State Bank of India stock appears to be overvalued.
The current stock price of $107.42 is trading 24% above its estimated GF Value™ of $86.60.
GuruFocus considers State Bank of India to be Modestly Overvalued.
Key valuation signals for SBKFF:
PB Ratio: 1.54 (16% above median its 10-year median of 1.33)
GF Value™: $86.60 vs. price of $107.42 (24% above fair value)
Industry Position: 40% above the Banks median (#1237 of 1517)
No single metric tells the full story. See the SBKFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 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, the Company derives a majority of its revenue from India, It also operates in Foreign Countries.
63GF Score
Get the complete analysis for SBKFF
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