Banks · NSE: SBIN
Intrynsic's multi-model valuation estimates State Bank of India's fair value at ₹1,007 per share (range ₹877–₹1,007) against a market price of ₹1,015 - a gap of -0.8% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹1,015
close of 24 Jul 2026
Est. fair value
₹1,007
₹877–₹1,007
Gap
-0.8%
price vs estimate
Trading close to our estimated fair value (-1% gap). Assumptions and per-model workings are below.
State Bank of India is the country's largest bank, majority-owned by the government, serving over 40 crore customers. It dominates rural and corporate banking and owns valuable insurance and asset-management arms.
Banks · Banks
Over the last 3 years, revenue grew 13.6%/yr and profit grew 14.5%/yr.
Every ₹100 of shareholder money earned ₹14.5 in profit last year, vs a sector median of 12.2%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is close to our estimated fair value (based on stated assumptions).
Returns on equity varied by about 1.7 percentage points over the last 5 years — steady.
Intrynsic values State Bank of India with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| P/B + Excess ReturnBank Net Worth Method | ₹1,007 | -1% | - |
| DDMDividend Discount Method | ₹246 | -76% | - |
| Bank FCFE DCFBank Cash Flow Method | ₹877 | -14% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 34.7% a year for the next decade - versus 15.4% historical revenue growth.
| Revenue | ₹5,14,933 Cr | |
| Net profit | ₹86,666 Cr | |
| EPS | ₹90.24 | |
| Free cash flow | ₹28,857 Cr | |
| ROE (latest) | 14.5% | |
| Revenue growth (CAGR) | 9.3% | |
| Profit growth (CAGR) | 59.2% |
Intrynsic's multi-model valuation estimates State Bank of India's fair value at ₹1,007 per share (range ₹877–₹1,007), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
State Bank of India trades at ₹1,015 against Intrynsic's estimated fair value of ₹1,007 - the market price is 1% above the estimate, i.e. close to our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
State Bank of India trades at about 11.3 times its latest annual earnings per share.
State Bank of India is the country's largest bank, majority-owned by the government, serving over 40 crore customers. It dominates rural and corporate banking and owns valuable insurance and asset-management arms.
Intrynsic runs 3 valuation models for State Bank of India (P/B + Excess Return, DDM, Bank FCFE DCF) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy