State Bank of India (SBIN) - Net Assets

Latest as of December 2025: Rs6.11 Trillion INR

Based on the latest financial reports, State Bank of India (SBIN) has net assets worth Rs6.11 Trillion INR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs78.81 Trillion) and total liabilities (Rs72.70 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs6.11 Trillion
% of Total Assets	7.76%
Annual Growth Rate	14.47%
5-Year Change	77.1%
10-Year Change	170.29%
Growth Volatility	8.9

State Bank of India - Net Assets Trend (2005–2025)

This chart illustrates how State Bank of India's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for State Bank of India (2005–2025)

The table below shows the annual net assets of State Bank of India from 2005 to 2025.

Year	Net Assets	Change
2025-03-31	Rs5.05 Trillion	+17.30%
2024-03-31	Rs4.31 Trillion	+15.81%
2023-03-31	Rs3.72 Trillion	+17.35%
2022-03-31	Rs3.17 Trillion	+11.08%
2021-03-31	Rs2.85 Trillion	+10.11%
2020-03-31	Rs2.59 Trillion	+7.68%
2019-03-31	Rs2.41 Trillion	+2.38%
2018-03-31	Rs2.35 Trillion	+5.04%
2017-03-31	Rs2.24 Trillion	+19.70%
2016-03-31	Rs1.87 Trillion	+11.97%
2015-03-31	Rs1.67 Trillion	+9.59%
2014-03-31	Rs1.52 Trillion	+17.78%
2013-03-31	Rs1.29 Trillion	+17.58%
2012-03-31	Rs1.10 Trillion	+27.19%
2011-03-31	Rs864.48 Billion	+0.79%
2010-03-31	Rs857.67 Billion	+14.94%
2009-03-31	Rs746.19 Billion	+17.95%
2008-03-31	Rs632.65 Billion	+43.05%
2007-03-31	Rs442.26 Billion	+14.46%
2006-03-31	Rs386.37 Billion	+14.12%
2005-03-31	Rs338.56 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to State Bank of India's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 108446856000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs1.08 Trillion	22.27%
Common Stock	Rs8.92 Billion	0.18%
Other Comprehensive Income	Rs4.86 Trillion	99.82%
Total Equity	Rs4.87 Trillion	100.00%

State Bank of India Competitors by Market Cap

The table below lists competitors of State Bank of India ranked by their market capitalization.

Company	Market Cap
CME Group Inc NASDAQ:CME	$107.47 Billion
Intuit Inc NASDAQ:INTU	$107.72 Billion
Agnico Eagle Mines Limited NYSE:AEM	$107.90 Billion
Air Liquide SA PA:AI	$108.00 Billion
Zijin Mining Group Co Ltd Class A SHG:601899	$106.41 Billion
McKesson Corporation NYSE:MCK	$106.24 Billion
Crowdstrike Holdings Inc NASDAQ:CRWD	$106.06 Billion
Lockheed Martin Corporation NYSE:LMT	$106.03 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in State Bank of India's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,149,391,715,000 to 4,870,367,600,000, a change of 720,975,885,000 (17.4%).
Net income of 775,613,400,000 contributed positively to equity growth.
Dividend payments of 122,267,183,000 reduced retained earnings.
New share issuances of 1,300,000 increased equity.
Other comprehensive income increased equity by 2,232,322,458,000.
Other factors decreased equity by 2,164,694,090,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs775.61 Billion	+15.93%
Dividends Paid	Rs122.27 Billion	-2.51%
Share Issuances	Rs1.30 Million	+0.0%
Other Comprehensive Income	Rs2.23 Trillion	+45.83%
Other Changes	Rs-2.16 Trillion	-44.45%
Total Change	Rs-	17.38%

Book Value vs Market Value Analysis

This analysis compares State Bank of India's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.96x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 28.59x to 1.96x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs37.32	Rs1067.15	x
2006-03-31	Rs42.66	Rs1067.15	x
2007-03-31	Rs48.77	Rs1067.15	x
2008-03-31	Rs70.21	Rs1067.15	x
2009-03-31	Rs82.99	Rs1067.15	x
2010-03-31	Rs95.31	Rs1067.15	x
2011-03-31	Rs95.70	Rs1067.15	x
2012-03-31	Rs121.79	Rs1067.15	x
2013-03-31	Rs143.35	Rs1067.15	x
2014-03-31	Rs212.11	Rs1067.15	x
2015-03-31	Rs216.16	Rs1067.15	x
2016-03-31	Rs235.59	Rs1067.15	x
2017-03-31	Rs278.32	Rs1067.15	x
2018-03-31	Rs264.06	Rs1067.15	x
2019-03-31	Rs262.75	Rs1067.15	x
2020-03-31	Rs281.31	Rs1067.15	x
2021-03-31	Rs308.77	Rs1067.15	x
2022-03-31	Rs342.41	Rs1067.15	x
2023-03-31	Rs402.18	Rs1067.15	x
2024-03-31	Rs464.95	Rs1067.15	x
2025-03-31	Rs545.74	Rs1067.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently State Bank of India utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 15.93%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.92%
• Asset Turnover: 0.09x
• Equity Multiplier: 15.02x
Recent ROE (15.93%) is above the historical average (11.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	17.20%	10.26%	0.09x	19.31x	Rs23.43 Billion
2006	15.22%	9.27%	0.09x	18.73x	Rs19.41 Billion
2007	15.56%	9.86%	0.08x	19.16x	Rs23.66 Billion
2008	15.04%	10.21%	0.09x	16.78x	Rs30.89 Billion
2009	15.43%	9.88%	0.09x	18.02x	Rs39.34 Billion
2010	14.11%	8.77%	0.09x	17.44x	Rs34.20 Billion
2011	12.80%	7.24%	0.09x	19.74x	Rs23.38 Billion
2012	14.44%	8.73%	0.10x	17.23x	Rs47.20 Billion
2013	14.33%	8.90%	0.09x	17.06x	Rs54.13 Billion
2014	9.62%	6.28%	0.09x	16.26x	Rs-5.63 Billion
2015	10.53%	6.60%	0.10x	16.73x	Rs8.56 Billion
2016	6.77%	4.55%	0.09x	17.02x	Rs-58.35 Billion
2017	0.11%	0.08%	0.08x	15.86x	Rs-214.78 Billion
2018	-1.98%	-1.52%	0.08x	15.70x	Rs-275.88 Billion
2019	0.98%	0.72%	0.08x	16.58x	Rs-211.50 Billion
2020	7.87%	5.55%	0.08x	16.72x	Rs-53.38 Billion
2021	8.13%	6.05%	0.08x	17.58x	Rs-51.51 Billion
2022	11.58%	9.02%	0.07x	17.54x	Rs48.15 Billion
2023	15.50%	12.09%	0.08x	16.59x	Rs197.55 Billion
2024	16.17%	11.50%	0.09x	16.23x	Rs255.91 Billion
2025	15.93%	11.92%	0.09x	15.02x	Rs288.58 Billion

Industry Comparison

This section compares State Bank of India's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $188,165,400,927
Average return on equity (ROE) among peers: 11.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
State Bank of India (SBIN)	Rs6.11 Trillion	17.20%	11.89x	$106.53 Billion
AU Small Finance Bank Limited (AUBANK)	$10.01 Billion	24.70%	5.27x	$7.95 Billion
Axis Bank Limited (AXISBANK)	$535.98 Billion	15.58%	8.93x	$45.34 Billion
Bandhan Bank Limited (BANDHANBNK)	$151.95 Billion	19.90%	5.04x	$3.03 Billion
Bank of Baroda (BANKBARODA)	$113.95 Billion	13.59%	15.10x	$15.63 Billion
Canara Bank (CANBK)	$707.86 Billion	8.65%	16.77x	$13.83 Billion
Capital Small Finance Bank Limited (CAPITALSFB)	$6.11 Billion	15.33%	12.09x	$127.97 Million
Central Bank of India (CENTRALBK)	$324.51 Billion	8.22%	12.80x	$3.51 Billion
CSB Bank Limited (CSBBANK)	$9.74 Billion	-20.27%	15.89x	$737.78 Million
City Union Bank Limited (CUB)	$5.67 Billion	17.95%	11.96x	$2.01 Billion
DCB Bank Limited (DCBBANK)	$15.89 Billion	12.03%	9.16x	$654.30 Million

About State Bank of India

NSE:SBIN India Banks - Regional

Market Cap

$106.53 Billion

Rs9.85 Trillion INR

Market Cap Rank

#194 Global

#3 in India

Share Price

Rs1067.15

Change (1 day)

-0.41%

52-Week Range

Rs769.00 - Rs1227.80

All Time High

Rs1227.80