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BankingMedium impactAfter close

State Bank of India valuation shifts reflect market sentiment

after close1 source ↓written by the desknot a recommendation

P/E ratio
113.1
ratio stands
1.74
notably high
1.247
signals a recalibration
11 Mar 2026
Mojo Score
650

Recent data shows State Bank of India's price-to-earnings (P/E) ratio at 113.1, indicating an expensive valuation compared to sector peers. The price-to-book value (P/B) ratio stands at 1.74, while the price-to-earnings growth (PEG) ratio is notably high at 1.247. This shift from very expensive to expensive as of 11 Mar 2026 signals a recalibration of investor sentiment, reflected in the downgrade from Buy to Hold with a Mojo Score of 650.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Apr 2026, 16:07 IST.

Sourcesnews.google.com

The market after the news

SBIN closed +1.4% on the day of the news, from ₹1,018.40 to ₹1,032.75; Nifty +1.1% over the same session; futures OI +1.6%.

Bulletin at 16:07 IST on 4 Apr 2026. Every change is measured from ₹1,018.40, the last close before it, on 2 Apr. Nifty 50 is measured over the same sessions.

  • SBIN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SBIN closes around the bulletin against the close before the news, with Nifty 50 rebased to it945.8910291112axis spans 18%before the news · 2 Apr1018Nifty 50SBINbulletinD0+1+3+525 Mar9 Apr21 AprFutures open interest, lotspeak 1.2 LReference close ₹1,018.40. 16 sessions from 25 Mar to 21 Apr; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before2 Apr₹1,018.40basebase
On the day6 Apr₹1,032.75▲ +1.4%▲ +1.1%+0.3 pp difference
+1 session7 Apr₹1,030.40▲ +1.2%▲ +1.8%−0.6 pp difference
+3 sessions9 Apr₹1,040.95▲ +2.2%▲ +4.7%−2.5 pp difference
+5 sessions13 Apr₹1,063.55▲ +4.4%▲ +5.0%−0.5 pp difference
Gap at the open, % · ₹
▲ +0.2%+1.63 on 6 Apr
Day's range, % · ₹
3.0%≈ 31 high to low
Volume on the day
1.33×the 20-session average
Futures OI on the day
▲ +1.6%+1,600 lots · long build-up · price +1.4%
Futures OI open, lots
1.0 L6 Apr · 28 Apr expiry
Futures premium, ₹
+5.35+0.5% to spot
Puts per call, by OI
0.76from 0.80 the session before
Max pain
1,035from 1,040 the session before

Source NSE UDiFF bhavcopy · SBIN on the desk →

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