State Bank of India vs Union Bank of India
An objective side-by-side of SBIN and UNIONBANK, both in Banks - Public Sector: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: SBIN Jun 2026 · UNIONBANK Jun 2026
At a glance
- State Bank of India is the larger company by market value, about 6.8 times the size of Union Bank of India.
- On trailing earnings, Union Bank of India trades at the lower P/E (6.6 against 10.4).
- Union Bank of India earns the higher return on equity (15.5% against 14.8%).
- Over three years Union Bank of India has grown profits faster (32% a year against 14%).
- Over the past year the share prices returned +20.8% (SBIN) and +32.3% (UNIONBANK).
| Metric | State Bank SBIN |
Union Bank UNIONBANK |
|---|---|---|
| Size and price | ||
| Market cap | ₹919,370 Cr | ₹135,947 Cr |
| Share price | ₹996.00 | ₹178.09 |
| Valuation | ||
| P/E | 10.39 | 6.59 |
| P/B | 1.54 | 1.02 |
| PEG | 0.74 | 0.21 |
| Dividend yield | 1.7% | 2.8% |
| Profitability | ||
| ROE | 14.8% | 15.5% |
| Operating margin | 14.7% | 11.5% |
| Sales (TTM) | ₹722,687 Cr | ₹129,552 Cr |
| Net profit (TTM) | ₹88,468 Cr | ₹20,644 Cr |
| Growth | ||
| Latest quarter sales YoY | +7.8% | +1.0% |
| Latest quarter profit YoY | +11.1% | +27.4% |
| Sales CAGR 3Y | +14.0% | +10.0% |
| Profit CAGR 3Y | +14.0% | +32.0% |
| Sales CAGR 5Y | +13.0% | +9.0% |
| Profit CAGR 5Y | +30.0% | +47.0% |
| Financial strength | ||
| Gross NPA (banks) | 1.5% | 2.7% |
| Ownership | ||
| Promoter holding | 55.5% | 74.8% |
| Promoter change (4 qtrs) | -1.90 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -4.96% | -3.57% |
| Return 3M | -4.30% | +0.83% |
| Return 1Y | +20.76% | +32.27% |
| Return YTD | +1.41% | +15.82% |
| Technical condition | ||
| Technical score | 30 | 47 |
| RS rating (1-99) | 55.00 | 66.00 |
| % vs 200-DMA | -4.27% | +2.86% |
| RSI (14) | 41.52 | 44.46 |
| % from 52-week high | -19.33% | -13.33% |
