State Bank Of India (SBIN) Share Price Falls 2.17% Today

State Bank Of India Share Price fell to Rs 1,037 on 01 September 2026 at 1:19:17 PM IST, down 2.17% or Rs 23 from the previous close of Rs 1,060. The large-cap public sector bank was valued at Rs 9,65,568.75 crore, keeping SBI firmly at the top end of the Bank – Public industry by market capitalisation. For investors tracking State Bank Of India Share Price Today, the supplied data confirms a clear same-day decline, but it does not establish a company-specific catalyst behind the move.

That still makes SBI relevant in today’s Stock Market Today and Share Market Today conversation. The stock is drawing attention because of its scale, its Rs 24.98 crore turnover, and the contrast between a sharp intraday decline and still-solid profitability metrics such as 16.68% ROE and 12.16% ROCE. In this State Bank Of India Stock News update, Univest looks at what the price action says, how valuation compares with sector benchmarks, and what investors may want to monitor next in SBI share price news.

State Bank Of India (SBIN) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,037
Previous Close	Rs 1,060
Today's Move	-Rs 23.00 (-2.17%)
Open	Rs 1,051
High	Rs 1,054.65
Low	Rs 1,036.75
Turnover	Rs 24.98 crore
Market Capitalisation	Rs 9,65,568.75 crore
Market Cap Category	Large Cap

State Bank Of India Share Price Today reflects a broad intraday weakening from the opening level, with the stock opening at Rs 1,051, touching a day high of Rs 1,054.65 and sliding to a day low of Rs 1,036.75 before trading at Rs 1,037. Against the previous close of Rs 1,060, that translates into a one-day decline of Rs 23, or 2.17%. The narrow gap between the intraday low and the current price suggests the stock was trading near the lower end of its day’s range at the time captured in the supplied data.

For a Large Cap counter, a move of this size is meaningful because it pulls the stock below both the day’s opening level and the previous close in the same session. Turnover stood at Rs 24.98 crore, reinforcing that SBI was firmly in the market’s active price-action bucket today. For anyone searching State Bank Of India Share Price Live or State Bank Of India Share Price Update, the session shows a decisive intraday decline, which then needs to be judged against valuation and financial strength rather than price alone.

State Bank Of India (SBIN) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 9,65,568.75 crore
P/E Ratio	11.35x
P/B Ratio	1.67x
ROE	16.68%
ROCE	12.16%
EPS	Rs 93.4
Book Value Per Share	Rs 636.49
Dividend Yield	1.64%

State Bank Of India Fundamental Analysis offers mixed but important context for today’s decline. SBI’s market capitalisation stands at Rs 9,65,568.75 crore, underscoring its large-system significance within public sector banking. On valuation, the stock trades at a P/E ratio of 11.35 and a P/B ratio of 1.67. Earnings per share are Rs 93.4, which indicates the profit attributable to each share based on the supplied figures. Book value per share is Rs 636.49, giving a sense of the accounting net worth supporting the stock price.

Profitability remains notable. ROE is 16.68%, while ROCE is 12.16%, suggesting SBI continues to generate solid returns on shareholder equity and capital employed. The dividend yield of 1.64% adds a historical income component, though that is not a forward guarantee. Put together, the fundamentals do not describe a weak franchise in simple terms; instead, they show a large bank with meaningful profitability that is trading on richer multiples than many public sector bank peers. In Univest’s reading, that makes today’s State Bank Of India Share Price fall more relevant to valuation context than to any verified deterioration in the supplied company financials.

Sector and Industry Context

Metric	Value
Sector	Bank
Industry	Bank – Public
Benchmark Scope	same industry
Company P/E Ratio	11.35x
Benchmark Median P/E	7.61x
Benchmark Average P/E	8.28x
Benchmark P/E Range	5.49x to 11.73x
Company P/B Ratio	1.67x
Benchmark Median P/B	1.04x
Benchmark Average P/B	1.19x
Company ROE	16.68%
Benchmark Median ROE	14.7%
Benchmark Average ROE	15.15%
Company ROCE	12.16%
Benchmark Median ROCE	11.73%
Benchmark Average ROCE	12.42%
Company Market Capitalisation	Rs 9,65,568.75 crore
Benchmark Median Market Cap	Rs 90,762.91 crore
Benchmark Average Market Cap	Rs 1,55,696.95 crore

SBI operates in the Bank sector and Bank – Public industry, and the supplied same-industry benchmark provides useful perspective on valuation and profitability. Across 12 companies, the median P/E is 7.61 and the average P/E is 8.28, with a range from 5.49 to 11.73. SBI’s P/E of 11.35 therefore sits above the industry median and average, and close to the upper end of the benchmark range.

The same pattern appears on price-to-book. The benchmark median P/B is 1.04 and the average is 1.19, with a range from 0.73 to 1.87. SBI’s P/B of 1.67 is clearly above both the median and average, though still below the benchmark maximum. On profitability, the picture is steadier. SBI’s ROE of 16.68% is above the industry median of 14.7% and average of 15.15%. Its ROCE of 12.16% is above the median of 11.73% but slightly below the average of 12.42%.

Scale is another differentiator. The benchmark median market capitalisation is Rs 90,762.91 crore and the average is Rs 1,55,696.95 crore, while SBI stands at Rs 9,65,568.75 crore, also the benchmark maximum. For readers following State Bank Of India Market Cap and State Bank Of India Stock Analysis, the sector view shows a bank with exceptional size and above-benchmark profitability, but also valuation multiples that leave less room than cheaper peers in the same industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Union Bank Of India	UNIONBANK	1,41,641.55	6.83	1.08	16.22	14.57
Punjab National Bank	PNB	1,32,628.57	5.95	0.9	12.93	13.26
Bank Of Baroda	BANKBARODA	1,24,888.4	6.77	0.73	12.47	11.2
Indian Bank	INDIANB	1,18,256.7	9.46	1.57	17.81	16.28
Canara Bank	CANBK	1,16,195.04	5.77	0.98	18.03	14.46

Against key listed public sector bank peers, SBI stands out most on scale and less on cheapness. Union Bank Of India trades at a P/E of 6.83, P/B of 1.08, ROE of 16.22% and ROCE of 14.57%, with a market cap of Rs 1,41,641.55 crore. Punjab National Bank is at 5.95 times earnings and 0.9 times book, while Bank Of Baroda is at 6.77 times earnings and 0.73 times book. Indian Bank trades at 9.46 times earnings and 1.57 times book, and Canara Bank at 5.77 times earnings and 0.98 times book.

Compared with those peers, SBI’s P/E of 11.35 is higher than all five named peers, while its P/B of 1.67 is above Union Bank, Punjab National Bank, Bank Of Baroda and Canara Bank, and slightly above Indian Bank’s 1.57. On returns, SBI’s 16.68% ROE is stronger than Union Bank, Punjab National Bank and Bank Of Baroda, but below Indian Bank’s 17.81% and Canara Bank’s 18.03%. Its ROCE of 12.16% is below Union Bank, Punjab National Bank, Indian Bank and Canara Bank, but above Bank Of Baroda’s 11.2%.

That peer set matters for State Bank Of India Share Price because it suggests the stock commands a valuation premium mainly through scale and respectable profitability, not because it is the cheapest public sector bank in the listed universe tracked here. Univest therefore sees today’s move in part through the lens of relative pricing within the sector.

Why Investors Are Watching State Bank Of India

• The stock declined 2.17% in a single session, from Rs 1,060 to Rs 1,037.
• SBI remains the largest company in its 12-stock same-industry benchmark by market capitalisation at Rs 9,65,568.75 crore.
• Its P/E of 11.35 and P/B of 1.67 sit above industry medians, keeping valuation in focus during a price fall.
• Profitability metrics remain notable, with ROE at 16.68%, ROCE at 12.16% and EPS at Rs 93.4.
• Peer comparison shows SBI is larger than rivals by a wide margin, but not the cheapest on earnings or book multiples.

About State Bank Of India

State Bank Of India operates in the Bank sector and is classified under the Bank – Public industry. Based on the supplied market data, SBI is the largest company in its same-industry benchmark set, with a market capitalisation of Rs 9,65,568.75 crore versus a peer-group average of Rs 1,55,696.95 crore. That positioning explains why SBI often carries system-level importance in market updates and why its share price movements attract attention across public sector banking discussions. In practical terms, SBI represents a large public sector banking franchise within India’s listed financial space.

Track State Bank Of India Share Price on Univest

Use State Bank Of India (SBIN) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

On Univest, investors can track State Bank Of India Share Price with live price updates, market capitalisation, valuation ratios, profitability metrics, 52-week levels when available, and broader market insights. Univest also helps users follow State Bank Of India Stock News, compare sector peers, monitor technical indicators when fully available, and review financial ratios in one place for more informed stock analysis across NSE and BSE market coverage.

Frequently Asked Questions

Why did State Bank Of India Share Price fall today?

Ans.  The supplied data confirms that SBI fell 2.17% to Rs 1,037 from the previous close of Rs 1,060. However, it does not establish a company-specific catalyst, so the move is verified but not attributed to a confirmed reason.

What is State Bank Of India Share Price Today?

Ans.  State Bank Of India Share Price Today was Rs 1,037 at 1:19:17 PM IST on 01 September 2026. The stock was down Rs 23 on the day, after opening at Rs 1,051 and trading between Rs 1,036.75 and Rs 1,054.65.

How large is SBI by market capitalisation?

Ans.  SBI had a market capitalisation of Rs 9,65,568.75 crore in the supplied data, making it the largest company in its 12-stock same-industry benchmark. That scale is far above the benchmark median of Rs 90,762.91 crore.

Is SBI expensive compared with public sector bank peers?

Ans.  On the supplied numbers, SBI trades at 11.35 times earnings and 1.67 times book value. Both are above the same-industry median levels of 7.61 P/E and 1.04 P/B, indicating a richer valuation than many peers.

How profitable is SBI based on the supplied metrics?

Ans.  SBI’s ROE stands at 16.68% and ROCE at 12.16%, showing solid profitability in the supplied snapshot. Its ROE is above the industry median of 14.7%, while ROCE is slightly above the median of 11.73%.

What do SBI’s EPS and book value show?

Ans.  SBI’s EPS is Rs 93.4, which reflects earnings attributable to each share in the supplied data. Its book value is Rs 636.49 per share, indicating the accounting net worth supporting the stock’s valuation.

Does SBI offer a dividend yield?

Ans.  SBI’s dividend yield is 1.64% based on the supplied figures. That provides historical payout context relative to the current share price, though dividend yield should be read as current data rather than a promise of future payouts.

How does SBI compare with Union Bank, PNB and Canara Bank?

Ans.  SBI is much larger by market cap than Union Bank, Punjab National Bank and Canara Bank, but its valuation is higher too. Its P/E of 11.35 exceeds 6.83, 5.95 and 5.77 respectively in the supplied peer comparison.