State Bank of India valuation shifts to fair range
after close1 source ↓written by the desknot a recommendation
- 11.28
- stands
- 1.73
- 2.81
State Bank of India’s P/E ratio is now at 11.28, indicating a fair valuation compared to historical averages. The P/B ratio stands at 1.73, reflecting a premium yet reasonable valuation for a large-cap public sector bank. The PEG ratio is 2.81, consistent with a ROE of 14.06% and ROA of 1.00%, showcasing operational efficiency.
Not investment advice. For informational purposes only.