Which stock is cheaper: SBIN or HDFCBANK?

Based on Price to Earnings, SBIN trades at a P/E of 10.3 while HDFCBANK trades at a P/E of 13.2.

Does SBIN or HDFCBANK have higher ROCE?

SBIN generates an ROCE of 1.1% compared to HDFCBANK's ROCE of 32.4%.

STATE BANK OF INDIA (SBIN) has a market cap of ₹9,19,093 Cr compared to HDFC BANK LTD (HDFCBANK) with ₹10,91,701 Cr.

SBINFinancial Services

₹961.85-1.03%

Market Cap: ₹9,19,093 Cr

HDFCBANKFinancial Services

Leads (3/5)

₹692.80+1.39%

Market Cap: ₹10,91,701 Cr

Automated quantitative breakdown of fundamental strengths between SBIN and HDFCBANK.

Attractive ValuationSBIN (P/E 10.3)Trades at lower Price-to-Earnings

Capital EfficiencyHDFCBANK (ROCE 32.4%)Superior operating return on capital

Balance Sheet SafetyHDFCBANKLower debt-to-equity ratio

Shareholder YieldHDFCBANK (25.98%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	SBIN	HDFCBANK
Valuation Multiples
Market Capitalization	₹9,19,093 Cr	₹10,91,701 Cr
Price to Earnings (P/E)	10.25	13.23
Price to Book (P/B)	1.43	4.51
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	1.13%	32.42%
Return on Equity (ROE)	57.12%	32.02%
Operating Profit Margin (OPM)	35.72%	N/A
Net Profit Margin (NPM)	19.42%	N/A
Balance Sheet & Solvency
Debt to Equity Ratio	5.04	2.74
Dividend Yield	18.71%	25.98%
Historical Growth
3-Year Sales Growth (CAGR)	-28.81%	-100.00%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹97,814 Cr	N/A
Quarterly Net Profit	₹24,113 Cr	₹20,383 Cr