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State Bank of IndiaSBKFF 69 Return-on-Tangible-Asset is 0.96% as of Mar. 2026, which is 60% above its 10-year median of 0.60. GuruFocus rates SBKFF with a GF Score™ of 69/100 and a GF Value™ of $84.26 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,529 Banks companies, State Bank of India ranks better than 56.77% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. State Bank of India's annualizedNet Income for the quarter that ended in Mar. 2026 was $8,465 Mil. State Bank of India's average total tangible assets for the quarter that ended in Mar. 2026 was $882,362 Mil. Therefore, State Bank of India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.96%.
The historical rank and industry rank for State Bank of India's Return-on-Tangible-Asset or its related term are showing as below:
SBKFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.13 Med: 0.6 Max: 1.1
Current: 1.08
During the past 13 years, State Bank of India's highest Return-on-Tangible-Asset was 1.10%. The lowest was -0.13%. And the median was 0.60%.
SBKFF's Return-on-Tangible-Asset is ranked better than 56.77% of 1529
companies
in the Banks industry
Industry Median: 0.99
vs SBKFF: 1.08
State Bank of India (OTCPK:SBKFF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
State Bank of India Return-on-Tangible-Asset Related Terms
State Bank of India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for State Bank of India's Return-on-Tangible-Asset 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.
State Bank of India Return-on-Tangible-Asset Chart
SBKFF vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, State Bank of India's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, State Bank of India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where State Bank of India's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.96% mean?
State Bank of India (SBKFF) has a Return-on-Tangible-Asset of 0.96% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on State Bank of India and its competitors. This is 60% above median its historical median of 0.60. According to the industry distribution chart, State Bank of India ranks #661 out of 1529 companies in the Banks industry, placing it in the top 43.2%.
Is State Bank of India's Return-on-Tangible-Asset too high?
State Bank of India's current Return-on-Tangible-Asset of 0.96% is 60% above median its 10-year median of 0.60. The Banks industry median Return-on-Tangible-Asset is 0.99. State Bank of India's value of 0.96% is 3% below this industry median. Based on the distribution chart, State Bank of India ranks #661 out of 1529 companies in the Banks industry, which is above the industry midpoint. Overall, State Bank of India has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does State Bank of India's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, State Bank of India ranks #661 out of 1529 companies for Return-on-Tangible-Asset. This puts State Bank of India in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. State Bank of India's value of 0.96% is 3% below this benchmark. While the company's 10-year median is 0.60 vs. the industry median of 0.99, 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 Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Bank of India's current Return-on-Tangible-Asset of 0.96% is 3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on State Bank of India and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Bank of India's current Return-on-Tangible-Asset is 0.96%, which is 60% above median its own 10-year median of 0.60. 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 $84.26, compared to a current price of $110.16 — trading 30.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.96%, which is 60% above median its 10-year median of 0.60 and 3% below the Banks industry median of 0.99. State Bank of India's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For State Bank of India (SBKFF), the current Return-on-Tangible-Asset is 0.96% 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 $110.16 is trading 30.7% above its estimated GF Value™ of $84.26.
GuruFocus considers State Bank of India to be Modestly Overvalued.
Key valuation signals for SBKFF:
Return-on-Tangible-Asset: 0.96% (60% above median its 10-year median of 0.60)
GF Value™: $84.26 vs. price of $110.16 (30.7% above fair value)
Industry Position: 3% below the Banks median (#661 of 1529)
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.
69GF Score
Get the complete analysis for SBKFF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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