State Bank of IndiaSBKFF 63 Pretax Margin % is 25.79% as of Mar. 2026, which is 41% above its 10-year median of 18.30. GuruFocus rates SBKFF with a GF Score™ of 63/100 and a GF Value™ of $84.06 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,530 Banks companies, State Bank of India ranks worse than 65.82% on this metric.
The historical rank and industry rank for State Bank of India's Pretax Margin % or its related term are showing as below:
SBKFF'
s Pretax Margin % Range Over the Past 10 Years
Min: -2.73 Med: 18.3 Max: 30.43
Current: 28.9
SBKFF's Pretax Margin % is ranked worse than 65.82% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs SBKFF: 28.90
State Bank of India (OTCPK:SBKFF) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
State Bank of India Pretax Margin % Related Terms
State Bank of India Pretax Margin % Historical Data
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The historical data trend for State Bank of India's Pretax Margin % 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 Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, State Bank of India's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where State Bank of India's Pretax Margin % falls into.
* 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 (SBKFF) has a Pretax Margin % of 25.79% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on State Bank of India and its competitors. This is 41% above median its historical median of 18.30. According to the industry distribution chart, State Bank of India ranks #1007 out of 1530 companies in the Banks industry, placing it in the top 65.8%.
Is State Bank of India's Pretax Margin % too high?
State Bank of India's current Pretax Margin % of 25.79% is 41% above median its 10-year median of 18.30. The Banks industry median Pretax Margin % is 34.72. State Bank of India's value of 25.79% is 25.7% below this industry median. Based on the distribution chart, State Bank of India ranks #1007 out of 1530 companies in the Banks industry, which is below the industry midpoint. 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 Pretax Margin % compare to PNC?
According to the Banks industry distribution chart, State Bank of India ranks #1007 out of 1530 companies for Pretax Margin %. This places State Bank of India in the lower half of its industry. The industry median Pretax Margin % is 34.72. State Bank of India's value of 25.79% is 25.7% below this benchmark. While the company's 10-year median is 18.30 vs. the industry median of 34.72, State Bank of India has consistently been below 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 Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Bank of India's current Pretax Margin % of 25.79% is 25.7% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on State Bank of India and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Bank of India's current Pretax Margin % is 25.79%, which is 41% above median its own 10-year median of 18.30. 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 $84.06, compared to a current price of $107.81 — trading 28.3% above its estimated fair value. The current Pretax Margin % is 25.79%, which is 41% above median its 10-year median of 18.30 and 25.7% below the Banks industry median of 34.72. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For State Bank of India (SBKFF), the current Pretax Margin % is 25.79% as of Mar. 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 $107.81 is trading 28.3% above its estimated GF Value™ of $84.06.
GuruFocus considers State Bank of India to be Modestly Overvalued.
Key valuation signals for SBKFF:
Pretax Margin %: 25.79% (41% above median its 10-year median of 18.30)
GF Value™: $84.06 vs. price of $107.81 (28.3% above fair value)
Industry Position: 25.7% below the Banks median (#1007 of 1530)
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
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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