RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

State Bank of India P/S 2024

State Bank of India P/S

3.46

State Bank of India Dividend yield

1.38 %

Ticker

SBIN.NS

ISIN

INE062A01020

WKN

A12FAE

As of May 16, 2024, State Bank of India's P/S ratio stood at 3.46, a 214.55% change from the 1.1 P/S ratio recorded in the previous year.

The State Bank of India P/S 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/S Details

Decoding State Bank of India's P/S Ratio

State Bank of India's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing State Bank of India's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating State Bank of India's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in State Bank of India’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

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 3.46.

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 214.55% 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 11.3 INR . This corresponds to a dividend yield of about 1.38 %. For the coming 12 months, State Bank of India is expected to pay a dividend of 12.32 INR.

What is the dividend yield of State Bank of India?

The current dividend yield of State Bank of India is 1.38 %.

When does State Bank of India pay dividends?

State Bank of India pays a quarterly dividend. This is distributed in the months of June, July, 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 12.32 INR are expected. This corresponds to a dividend yield of 1.5 %.

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 6/14/2023 amounting to 11.3 INR, you needed to have the stock in your portfolio before the ex-date on 5/31/2023.

When did State Bank of India pay the last dividend?

The last dividend was paid out on 6/14/2023.

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

In the year 2023, State Bank of India distributed 7.1 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.