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: 72/100
State Bank of India
Banking
Quality Score: 66/100
At a glance
| Metric | ICICIBANK | SBIN |
|---|---|---|
| Quality Score | 72/100 | 66/100 |
| P/E (trailing) | 18.0 | 11.4 |
| Forward P/E | 14.8 | 10.1 |
| ROE | +16.4% | +15.5% |
| Profit margin | +24.9% | +22.1% |
| Debt-to-equity | — | — |
| Dividend yield | +0.82% | +1.68% |
| 1Y price return | -4.7% | +33.0% |
| From 52w high | -9.5% | -14.7% |
| Analyst rating1 = Strong Buy, 5 = Strong Sell | 1.23 | 1.49 |
Highlighted value = better on the metric (lower for P/E, D/E, drawdown, analyst rating; higher elsewhere). Descriptive only.
Snapshots
ICICI Bank trades at ₹1,346.50, fractionally above its 200-DMA (₹1,345.44) and 4.4% above its 50-DMA (₹1,289.74), after a -4.66% return over the past 12 months and a -9.54% drawdown from its 52-week high. Trailing PE is 18.0x versus a forward PE of 14.8x, with ROE at 16.36% — the second-highest among 6 ranked sector peers — and the bank holds the top quality score (64) in the peer group.
State Bank of India (SBIN) trades at ₹1,035.10, up 33% over one year and currently above both its 50-DMA (₹1,012.02) and 200-DMA (₹982.26). At a trailing PE of 11.36, it is the lowest-valued among six tracked banking-sector peers, with ROE of 15.48% ranking second in the peer group. The board recently approved raising up to ₹60,000 crore via bonds following a record FY26 profit.
Pros
- ✓Highest quality score in the peer group: 64 out of 100, ahead of HDFCBANK (47), BAJFINANCE (51), AXISBANK (50), HDFCLIFE (20), and BAJAJFINSV (23).
- ✓ROE of 16.36% ranks 2nd among 6 sector peers; trailing PE of 18.0x is lower than BAJAJFINSV (29.0x) and BAJFINANCE (31.6x), and broadly comparable to HDFCBANK (17.4x).
- ✓Forward PE of 14.8x implies earnings growth embedded in consensus estimates, with 5-year earnings growth recorded at 8.4% and 5-year revenue growth at 66.9%.
- ✓RBI cleared the reappointment of CEO Sandeep Bakhshi through 2028, providing leadership continuity at a large-cap private bank.
- ✓Lowest PE among 6 tracked peers at 11.36 (next closest: Axis Bank at 16.10; Bajaj Finance at 31.65), with forward PE compressing further to 10.14.
- ✓ROE of 15.48% ranks 2nd of 6 peers and exceeds private-sector peers HDFC Bank (13.82%) and Axis Bank (13.15%).
- ✓Quality score of 51 ranks 1st of 6 in the peer set, ahead of HDFC Bank (47) and Axis Bank (50).
- ✓Dividend yield of 1.68% is present alongside a reported FY26 record profit and ₹8,813 crore dividend transfer to the government.
Cons
- ✗ROE has exceeded 15% in only 3 of the tracked persistence years, and FCF-positive years also number 3, indicating the quality metrics are not uniformly sustained across the full available history.
- ✗Debt trend is classified as rising, which in a bank context warrants monitoring against net interest margin dynamics and credit-cost evolution.
- ✗12-month price return is -4.66% despite the bank holding the highest sector quality score; the stock has not recouped its 52-week high, remaining 9.54% below it.
- ✗Three resistance clusters sit at ₹1,393, ₹1,417, and ₹1,434 — between 3% and 7% above the current price — while support levels are at ₹1,223, ₹1,214, and ₹1,188, representing 9–12% below current price.
- ✗5-year earnings CAGR of -3.1% contrasts with 7.1% revenue growth, indicating that earnings have not kept pace with the top line over the measurement period.
- ✗All fundamental persistence metrics — ROE years above 15%, FCF positive years, debt trend, and consistency score — are null, making multi-year capital-efficiency assessment impossible from available data.
- ✗Board approval to raise up to ₹60,000 crore via bonds represents incremental leverage activity; the effect on the bank's capital adequacy ratios has not been quantified in available disclosures.
- ✗At 14.65% below the 52-week high, the stock faces overhead resistance at ₹1,065.79, ₹1,088.38, and ₹1,101.10 before reaching prior peak levels.
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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.