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State Bank of India Stock

State Bank of India P/E 2024

State Bank of India P/E

12.05

Ticker

SBIN.NS

ISIN

INE062A01020

WKN

A12FAE

As of Sep 29, 2024, State Bank of India's P/E ratio was 12.05, a 28.88% change from the 9.35 P/E ratio recorded in the previous year.

The State Bank of India P/E history

State Bank of India Aktienanalyse

What does State Bank of India do?

The State Bank of India (SBI) is one of the largest banks in India. It was founded in 1955 and is headquartered in Mumbai. The bank is 61% owned by the Indian government and has branches in many countries worldwide. The SBI is a universal bank that offers a wide range of products and services. The bank is divided into various segments, including deposits, loans, investment banking, asset management, insurance, and many more. These segments are typically focused on geographic regions or customer segments. An important business model for SBI is the financing of infrastructure projects, such as the construction of highways, hydroelectric power plants, or ports. The bank works closely with the Indian government and other companies to finance such projects. Retail banking is also an important growth area for SBI, as many people in India still do not have access to banking services. The bank offers various products and services, including deposit accounts, loans, credit cards, brokerage accounts, asset management, investment banking, and insurance. A highlight of the offering is the "SBI YONO" mobile banking, which provides customers with a comprehensive online banking experience. In addition to traditional banking, SBI is also interested in new technologies and therefore offers many digital services. For example, customers can manage their accounts and make transfers through the SBI app. The bank has also added digital currencies like Bitcoin to its portfolio. SBI has received numerous awards, including being named the best bank in India and Asia in 2020. It is also the first Indian bank to appear on the Forbes Global 2000 ranking. The bank has faced some challenges in the past, including high risk in some of its loans, corruption among some of its employees, and fluctuations in the Indian market. However, SBI is one of the strongest financial institutions in the country and has high customer satisfaction. In conclusion, the State Bank of India is a universal bank with a wide range of products and services. It works closely with the Indian government and other companies to finance infrastructure projects. Digital services such as mobile banking are also an important offering of the bank. Despite the challenges it has faced in the past, SBI remains a strong financial institution in India. State Bank of India ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering State Bank of India's P/E Ratio

The Price to Earnings (P/E) Ratio of State Bank of India is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing State Bank of India's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of State Bank of India is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in State Bank of India’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about State Bank of India stock

What is the price-to-earnings ratio of State Bank of India?

The price-earnings ratio of State Bank of India is currently 12.05.

How has the price-earnings ratio of State Bank of India changed compared to last year?

The price-to-earnings ratio of State Bank of India has increased by 28.88% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of State Bank of India high compared to other companies?

Yes, the price-to-earnings ratio of State Bank of India is high compared to other companies.

How does an increase in the price-earnings ratio of State Bank of India affect the company?

An increase in the price-earnings ratio of State Bank of India would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of State Bank of India affect the company?

A decrease in the price-earnings ratio of State Bank of India would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of State Bank of India?

Some factors that influence the price-earnings ratio of State Bank of India are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does State Bank of India pay?

Over the past 12 months, State Bank of India paid a dividend of 13.7 INR . This corresponds to a dividend yield of about 1.71 %. For the coming 12 months, State Bank of India is expected to pay a dividend of 14.94 INR.

What is the dividend yield of State Bank of India?

The current dividend yield of State Bank of India is 1.71 %.

When does State Bank of India pay dividends?

State Bank of India pays a quarterly dividend. This is distributed in the months of July, June, June, June.

How secure is the dividend of State Bank of India?

State Bank of India paid dividends every year for the past 7 years.

What is the dividend of State Bank of India?

For the upcoming 12 months, dividends amounting to 14.94 INR are expected. This corresponds to a dividend yield of 1.86 %.

In which sector is State Bank of India located?

State Bank of India is assigned to the 'Finance' sector.

Wann musste ich die Aktien von State Bank of India kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of State Bank of India from 6/5/2024 amounting to 13.7 INR, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did State Bank of India pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of State Bank of India in the year 2023?

In the year 2023, State Bank of India distributed 11.3 INR as dividends.

In which currency does State Bank of India pay out the dividend?

The dividends of State Bank of India are distributed in INR.

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Andere Kennzahlen von State Bank of India

Our stock analysis for State Bank of India Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of State Bank of India Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.