State Bank of IndiaSBKFF -2.37%66 ROE % is 13.03% as of Mar. 2026, which is 26% above its 10-year median of 10.34. GuruFocus rates SBKFF with a GF Score™ of 66/100 and a GF Value™ of $87.16 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,523 Banks companies, State Bank of India ranks better than 80.83% on this metric.
The historical rank and industry rank for State Bank of India's ROE % or its related term are showing as below:
SBKFF'
s ROE % Range Over the Past 10 Years
Min: -2.04 Med: 10.34 Max: 17.34
Current: 15.06
During the past 13 years, State Bank of India's highest ROE % was 17.34%. The lowest was -2.04%. And the median was 10.34%.
SBKFF's ROE % is ranked better than 80.83% of 1523
companies
in the Banks industry
Industry Median: 10.22
vs SBKFF: 15.06
State Bank of India (OTCPK:SBKFF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
State Bank of India ROE % Related Terms
State Bank of India ROE % Historical Data
* Premium members only.
The historical data trend for State Bank of India's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry
For the Banks industry and Financial Services sector, State Bank of India's ROE % distribution charts can be found below:
* The bar in red indicates where State Bank of India's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
State Bank of India (SBKFF) has a ROE % of 13.03% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on State Bank of India and its competitors. This is 26% above median its historical median of 10.34. According to the industry distribution chart, State Bank of India ranks #292 out of 1523 companies in the Banks industry, placing it in the top 19.2%.
Is State Bank of India's ROE % too high?
State Bank of India's current ROE % of 13.03% is 26% above median its 10-year median of 10.34. The Banks industry median ROE % is 10.22. State Bank of India's value of 13.03% is 27.5% above this industry median. Based on the distribution chart, State Bank of India ranks #292 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, State Bank of India has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does State Bank of India's ROE % compare to PNC?
According to the Banks industry distribution chart, State Bank of India ranks #292 out of 1523 companies for ROE %. This places State Bank of India in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 10.22. State Bank of India's value of 13.03% is 27.5% above this benchmark. While the company's 10-year median is 10.34 vs. the industry median of 10.22, 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Bank of India's current ROE % of 13.03% is 27.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on State Bank of India and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Bank of India's current ROE % is 13.03%, which is 26% above median its own 10-year median of 10.34. 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 $87.16, compared to a current price of $107.81 — trading 23.7% above its estimated fair value. The current ROE % is 13.03%, which is 26% above median its 10-year median of 10.34 and 27.5% above the Banks industry median of 10.22. State Bank of India's overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For State Bank of India (SBKFF), the current ROE % is 13.03% 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 23.7% above its estimated GF Value™ of $87.16.
GuruFocus considers State Bank of India to be Modestly Overvalued.
Key valuation signals for SBKFF:
ROE %: 13.03% (26% above median its 10-year median of 10.34)
GF Value™: $87.16 vs. price of $107.81 (23.7% above fair value)
Industry Position: 27.5% above the Banks median (#292 of 1523)
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.
66GF Score
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