State Bank of India valuation shifts to fair range
pre-market1 source ↓written by the desknot a recommendation
- 11.28
- ratio stands
- 1.73
- 2.81
- 14.06%
- 1.00%
State Bank of India's price-to-earnings (PE) ratio is now at 11.28, indicating a shift to a fair valuation compared to historical averages. The price-to-book value (PBV) ratio stands at 1.73, reflecting a premium yet reasonable valuation. Additionally, the PEG ratio is at 2.81, consistent with the bank's return on equity (ROE) of 14.06% and return on assets (ROA) of 1.00%, showcasing operational efficiency.
Not investment advice. For informational purposes only.