Which stock is cheaper: SBIN or ICICIBANK?

Based on Price to Earnings, SBIN trades at a P/E of 10.3 while ICICIBANK trades at a P/E of 16.6.

Does SBIN or ICICIBANK have higher ROCE?

SBIN generates an ROCE of 1.1% compared to ICICIBANK's ROCE of 73.9%.

STATE BANK OF INDIA (SBIN) has a market cap of ₹9,19,093 Cr compared to ICICI BANK LTD. (ICICIBANK) with ₹9,90,020 Cr.

SBINFinancial Services

₹961.85-1.03%

Market Cap: ₹9,19,093 Cr

ICICIBANKFinancial Services

Leads (3/5)

₹1,398.00+0.82%

Market Cap: ₹9,90,020 Cr

Automated quantitative breakdown of fundamental strengths between SBIN and ICICIBANK.

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

Capital EfficiencyICICIBANK (ROCE 73.9%)Superior operating return on capital

Balance Sheet SafetyICICIBANKLower debt-to-equity ratio

Shareholder YieldSBIN (18.71%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	SBIN	ICICIBANK
Valuation Multiples
Market Capitalization	₹9,19,093 Cr	₹9,90,020 Cr
Price to Earnings (P/E)	10.25	16.57
Price to Book (P/B)	1.43	N/A
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	1.13%	73.94%
Return on Equity (ROE)	57.12%	36.75%
Operating Profit Margin (OPM)	35.72%	N/A
Net Profit Margin (NPM)	19.42%	41.28%
Balance Sheet & Solvency
Debt to Equity Ratio	5.04	1.39
Dividend Yield	18.71%	6.65%
Historical Growth
3-Year Sales Growth (CAGR)	-28.81%	-21.22%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹97,814 Cr	₹38,366 Cr
Quarterly Net Profit	₹24,113 Cr	₹15,440 Cr