NSE ScannerComparison · NSE · data 2026-10-30
Axis Bank Limited vs State Bank of India
In plain words
Size: State Bank of India is about 2.4 times the market value of Axis Bank Limited.
Valuation (P/E): Axis Bank Limited 12.7 vs State Bank of India 10.3.
Return on equity: State Bank of India 15.4% vs Axis Bank Limited 13.1%.
Profit growth over 3 years: Axis Bank Limited 34.6% a year vs State Bank of India 14.4% a year.
Debt to equity: Axis Bank Limited 1.55 vs State Bank of India 1.34.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AXISBANK | SBIN | |
|---|---|---|
| Price | ₹1,217 | ₹961.85 |
| Market cap | ₹3,81,797 cr | ₹9,04,615 cr |
| P/E | 12.7 | 10.3 |
| P/B | 1.6 | 1.4 |
| ROE | 13.1% | 15.4% |
| ROCE | 2.5% | 2.0% |
| Debt / equity | 1.55 | 1.34 |
| Operating margin | 40.8% | 28.4% |
| Dividend yield | 0.08% | 1.77% |
| Sales growth, 3 years (yearly) | 15.4% | 14.4% |
| Profit growth, 3 years (yearly) | 34.6% | 14.4% |
| 1-year return | -2.1% | 2.4% |
| Revenue, last 12 months | ₹1,70,928 cr | ₹7,22,687 cr |
| Net profit, last 12 months | ₹29,950 cr | ₹86,210 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹7,632 cr | ₹24,113 cr |
| Quarter profit vs a year earlier | +22.2% | +13.7% |
| Promoter holding | 8.14% | 55.45% |
| Health check | Average (5.8/10) | Average (5.6/10) |
Common questions
Which has a higher P/E, Axis Bank Limited or State Bank of India?
Axis Bank Limited trades at the higher P/E (12.7 against 10.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
State Bank of India (15.4% against 13.1%).
Which carries more debt?
Axis Bank Limited has the higher debt-to-equity ratio (1.55 against 1.34).