ICICIBANK vs SBIN
Side-by-side comparison of ICICI Bank Ltd. and State Bank of India. Descriptive only — not investment advice.
ICICI Bank Ltd.
Banking
Quality Score: 71/100
State Bank of India
Banking
Quality Score: 64/100
At a glance
| Metric | ICICIBANK | SBIN |
|---|---|---|
| Quality Score | 71/100 | 64/100 |
| P/E (trailing) | 17.0 | 11.2 |
| Forward P/E | 14.0 | 9.6 |
| ROE | +16.4% | — |
| Profit margin | +24.9% | +22.5% |
| Debt-to-equity | — | — |
| Dividend yield | +0.87% | +1.70% |
| 1Y price return | -11.0% | +34.3% |
| From 52w high | -15.0% | -17.4% |
| Analyst rating1 = Strong Buy, 5 = Strong Sell | 1.25 | 1.44 |
Highlighted value = better on the metric (lower for P/E, D/E, drawdown, analyst rating; higher elsewhere). Descriptive only.
Snapshots
ICICI Bank trades at ₹1,264.80, a PE of 17x trailing and 14x forward, with ROE of 16.36% and a 24.93% profit margin on 5-year revenue growth of 66.9%. The stock is 15% below its 52-week high, below the 50-DMA (₹1,301) and 200-DMA (₹1,370), and has declined 10.97% over the past 12 months despite an 8% YoY earnings increase in Q4 FY26.
State Bank of India (SBIN) trades at 1019.3, a trailing PE of 11.2x — the lowest among the 6 Banking peers ranked — and has returned 34.3% over 12 months despite pulling back 17.5% from its 52-week high. Q4 FY26 net profit of 19684 crore grew 5.6% YoY on robust loan volumes, though 5-year earnings CAGR remains negative at -3.1% and the debt trend is rising.
Pros
- ✓Highest quality score among 6 banking-sector peers at 64, and second-ranked on both trailing PE (17x) and ROE (16.36%) within the peer set.
- ✓Forward PE of 13.96x represents a meaningful compression from trailing 17x, suggesting earnings-growth expectations are priced into a discount relative to trailing multiples.
- ✓Q4 FY26 profit of ₹13,702 cr marks 8% YoY growth with a ₹12/share dividend declared, and 5-year revenue has grown 66.9%.
- ✓Mean analyst rating of 1.25 across 40 analysts (1–5 scale, lower = more constructive).
- ✓Lowest trailing PE (11.2x) among ranked Banking peers, with forward PE compressing further to 9.6x, reflecting a significant valuation discount to private-sector counterparts such as HDFC Bank (17.4x) and Bajaj Finance (31.3x).
- ✓12-month price return of 34.3% demonstrates meaningful absolute price appreciation even after the recent pullback from the 52-week high.
- ✓Dividend yield of 1.7% with a declared Q4 FY26 dividend of 17.35 per share provides a cash-return component alongside capital appreciation.
- ✓Analyst coverage is broad: mean rating of 1.44 across 39 analysts on a 1-5 scale (lower = more constructive).
Cons
- ✗Price is below both the 50-DMA (₹1,301) and 200-DMA (₹1,370), with three resistance levels clustered between ₹1,371 and ₹1,417 — the stock has retraced 15.03% from its 52-week high.
- ✗ROE has exceeded 15% in only 3 of the years available, and FCF-positive years also number 3, indicating the quality record is not yet a long established track.
- ✗An executive director sold 59% of his holding in April 2026, which is a disclosure event worth tracking for any follow-on insider activity.
- ✗Debt trend is classified as rising; while rising liabilities are intrinsic to bank balance sheets, the absence of a precise D/E ratio limits the ability to benchmark leverage against peers quantitatively.
- ✗5-year earnings CAGR of -3.1% shows that absolute profitability has declined over the medium term despite revenue growth of 3.8%, compressing the earnings base.
- ✗FCF-positive years number only 3 out of the observable window, and the debt trend is classified as rising — characteristic of a PSU bank scaling its loan book, but also increasing balance-sheet leverage.
- ✗Price is 6.4% below the 50-DMA at 1088.71, with RSI at 37.49, indicating the stock has underperformed its own short-term trend over the past three months (-4.58%).
- ✗Quality score of 49 out of 100 ranks 3rd of 6 peers, placing SBIN in the middle tier of the Banking group on composite quality metrics.
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For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Comparison reflects current public data; consult a registered adviser before any investment decision.