SBKFF (State Bank of India) Tax Rate %: 22.68% (As of Mar. 2026)

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SBKFF State Bank of India SBKFF
69 GF Score
Price $107.60
GF Value $85.16
Valuation Modestly Overvalued
! 1 Warning Sign
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What is State Bank of India Tax Rate %?

State Bank of India SBKFF -2.32% 69 Tax Rate % is 22.68% as of Mar. 2026. GuruFocus rates SBKFF with a GF Score™ of 69/100 and a GF Value™ of $85.16 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. State Bank of India's Tax Expense for the three months ended in Mar. 2026 was $637 Mil. State Bank of India's Pre-Tax Income for the three months ended in Mar. 2026 was $2,809 Mil. Therefore, State Bank of India's Tax Rate % for the quarter that ended in Mar. 2026 was 22.68%.

State Bank of India Tax Rate % Related Terms

State Bank of India Tax Rate % Historical Data

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The historical data trend for State Bank of India's Tax Rate % 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 Tax Rate % Chart

State Bank of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.91 24.99 25.32 25.71 25.31

State Bank of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 25.86 26.01 24.96 27.24 22.68
SBKFF
69GF Score
State Bank of India SBKFF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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State Bank of India Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

State Bank of India's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=3109.251/12285.089
=25.31 %

State Bank of India's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=637.182/2809.31
=22.68 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.68% mean?
State Bank of India (SBKFF) has a Tax Rate % of 22.68% as of Mar. 2026.
Is State Bank of India's Tax Rate % too high?
State Bank of India's current Tax Rate % is 22.68%. 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 Tax Rate % compare to PNC and USB?
State Bank of India's Tax Rate % of 22.68% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. State Bank of India's current Tax Rate % is 22.68%. 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 $85.16, compared to a current price of $107.60 — trading 26.4% above its estimated fair value. The current Tax Rate % is 22.68%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For State Bank of India (SBKFF), the current Tax Rate % is 22.68% 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 $107.60 is trading 26.4% above its estimated GF Value™ of $85.16. GuruFocus considers State Bank of India to be Modestly Overvalued.

Key valuation signals for SBKFF:

  • Tax Rate %: 22.68%
  • GF Value™: $85.16 vs. price of $107.60 (26.4% above fair value)
  • GF Score™: 69/100 with 1 warning sign

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 Business Description

Address Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, SBI, Shares & Bonds Departmen, 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 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

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$107.60
Price
$85.16
GF Value