NSE ScannerComparison · NSE · data 2026-11-01
ICICI Bank Limited vs State Bank of India
In plain words
Size: ICICI Bank Limited is about 1.1 times the market value of State Bank of India.
Valuation (P/E): ICICI Bank Limited 17.2 vs State Bank of India 10.3.
Profit growth over 3 years: ICICI Bank Limited 16.8% a year vs State Bank of India 14.4% a year.
Debt to equity: State Bank of India 1.34 vs ICICI Bank Limited 0.65.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ICICIBANK | SBIN | |
|---|---|---|
| Price | ₹1,398 | ₹961.85 |
| Market cap | ₹10,01,029 cr | ₹8,87,077 cr |
| P/E | 17.2 | 10.3 |
| P/B | 2.6 | 1.4 |
| ROE | 16.0% | 15.4% |
| ROCE | 3.8% | 2.0% |
| Debt / equity | 0.65 | 1.34 |
| Operating margin | 35.0% | 28.4% |
| Dividend yield | 0.86% | 1.81% |
| Sales growth, 3 years (yearly) | 18.9% | 14.4% |
| Profit growth, 3 years (yearly) | 16.8% | 14.4% |
| 1-year return | 2.6% | 2.4% |
| Revenue, last 12 months | ₹3,29,246 cr | ₹7,22,687 cr |
| Net profit, last 12 months | ₹59,066 cr | ₹86,210 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹16,333 cr | ₹24,113 cr |
| Quarter profit vs a year earlier | +22.3% | +13.7% |
| Promoter holding | — | 55.45% |
| Health check | Average (5.2/10) | Average (5.6/10) |
Common questions
Which has a higher P/E, ICICI Bank Limited or State Bank of India?
ICICI Bank Limited trades at the higher P/E (17.2 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?
ICICI Bank Limited (16.0% against 15.4%).
Which carries more debt?
State Bank of India has the higher debt-to-equity ratio (1.34 against 0.65).