State Bank of India Market Cap ($96.02 Billion)
Market Cap & Net Worth: State Bank of India (SBIN)
State Bank of India market cap. State Bank of India (NSE:SBIN) has a market capitalization of $96.02 Billion (Rs8.88 Trillion) as of November 3, 2026. Listed on the NSE stock exchange, this India-based company holds position #267 globally and #3 in its home market, demonstrating a -0.84% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying State Bank of India's stock price Rs961.85 by its total outstanding shares 9230617586 (9.23 Billion). Also see SBIN cash generation efficiency for how efficiently the company converts equity into cash flow.
State Bank of India Market Cap History (2015–2026)
State Bank of India market cap history from 2015 to 2026. Data shows growth from $20.66 Billion to $96.02 Billion (13.67% CAGR). Check State Bank of India (SBIN) share price today for real-time trading data and today's change.
Index Memberships
State Bank of India is a constituent of 10 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY FINANCIAL SERVICES
CNXFIN
|
$323.44 Billion | 29.69% | #1 of 20 |
|
NIFTY SERV SECTOR
CNXSERVICE
|
$698.97 Billion | 13.74% | #2 of 30 |
|
NIFTY 100
NIFTY100
|
$1.90 Trillion | 5.04% | #3 of 100 |
|
NIFTY100 EQUAL WEIGHT
NIFTY100EW
|
$1.66 Trillion | 5.78% | #3 of 99 |
|
NIFTY 200
NIFTY200
|
$2.39 Trillion | 4.02% | #3 of 200 |
|
NIFTY 500
NIFTY500
|
$2.93 Trillion | 3.28% | #3 of 500 |
|
NIFTY FINANCIAL SERVICES 25/50
NIFTYFINSRV2550
|
$315.64 Billion | 30.42% | #1 of 20 |
|
NIFTY PSU BANK
NIFTYPSU
|
$178.05 Billion | 53.93% | #1 of 12 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.02 Trillion | 3.18% | #3 of 750 |
|
Nifty 100 Liquid 15
NLIX50
|
$548.44 Billion | 17.51% | #2 of 15 |
Weight: State Bank of India's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
State Bank of India Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how State Bank of India's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset momentum of State Bank of India to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.02x
State Bank of India's market cap is 0.02 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.13x
State Bank of India's market cap is 0.13 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $23.31 Billion | $2.69 Trillion | $122.25 Billion | 0.01x | 0.19x |
| 2017 | $29.13 Billion | $2.91 Trillion | $2.41 Billion | 0.01x | 12.07x |
| 2018 | $27.78 Billion | $3.00 Trillion | -$45.56 Billion | 0.01x | N/A |
| 2019 | $31.36 Billion | $3.22 Trillion | $23.00 Billion | 0.01x | 1.36x |
| 2020 | $25.78 Billion | $3.56 Trillion | $197.68 Billion | 0.01x | 0.13x |
| 2021 | $43.64 Billion | $3.70 Trillion | $224.05 Billion | 0.01x | 0.19x |
| 2022 | $59.16 Billion | $3.92 Trillion | $353.74 Billion | 0.02x | 0.17x |
| 2023 | $63.00 Billion | $4.60 Trillion | $556.48 Billion | 0.01x | 0.11x |
| 2024 | $79.36 Billion | $5.83 Trillion | $670.85 Billion | 0.01x | 0.12x |
| 2025 | $98.05 Billion | $6.50 Trillion | $775.61 Billion | 0.02x | 0.13x |
Competitor Companies of SBIN by Market Capitalization
Companies near State Bank of India in the global market cap rankings as of November 3, 2026. Also see SBIN total asset value for a full breakdown of the balance sheet.
Key companies related to State Bank of India by market ranking:
- China Merchants Bank Co Ltd (SHG:600036): Ranked #178 globally with a market cap of $131.46 Billion USD ( CN¥898.39 Billion CNY).
- Mizuho Financial Group Inc. (NYSE:MFG): Ranked #204 globally with a market cap of $117.68 Billion USD.
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #212 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #223 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #178 | China Merchants Bank Co Ltd | SHG:600036 | $131.46 Billion | CN¥43.55 |
| #204 | Mizuho Financial Group Inc. | NYSE:MFG | $117.68 Billion | $9.66 |
| #212 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #223 | DBS GROUP ADR/4 SD 1 | F:DEV | $109.87 Billion | €152.00 |
Market Capitalization of State Bank of India (2015–2026)
Market capitalization of State Bank of India from 2015 to today. Between 2015 and today, State Bank of India's market cap moved from $20.66 Billion to $ 96.02 Billion, with a yearly change of 13.67%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs96.02 Billion | -2.07% |
| 2025 | Rs98.05 Billion | +23.55% |
| 2024 | Rs79.36 Billion | +25.96% |
| 2023 | Rs63.00 Billion | +6.50% |
| 2022 | Rs59.16 Billion | +35.55% |
| 2021 | Rs43.64 Billion | +69.26% |
| 2020 | Rs25.78 Billion | -17.80% |
| 2019 | Rs31.36 Billion | +12.90% |
| 2018 | Rs27.78 Billion | -4.63% |
| 2017 | Rs29.13 Billion | +24.97% |
| 2016 | Rs23.31 Billion | +12.83% |
| 2015 | Rs20.66 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 2nd, 2026 the market cap of State Bank of India was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $96.02 Billion USD |
| MoneyControl | $96.02 Billion USD |
| MarketWatch | $96.02 Billion USD |
| marketcap.company | $96.02 Billion USD |
| Reuters | $96.02 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About State Bank of India
State Bank of India provides banking products and services in India and internationally. It operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. The company offers personal banking products and services, including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans, as well as loans ag… Read more