Recently, SBI has released its financial result for the June 2024 Quarter. SBI has reported net profit of Rs.17,035.16 crore for June 2024 Quarter. Click here to check net profit of all Banks. In this article, we will have a look at the last 10 years Mcap of SBI.
MCap, or Market Capitalization, is a way to measure how much a company is worth on the stock market. To find it, you multiply the price of one share of the company’s stock by the total number of shares that are available. For example, if a company has 1 million shares, and each share costs $50, then the company’s market cap is $50 million. People often use market cap to understand the size of a company and to compare it with other companies. Companies are usually grouped into categories based on their market cap, like large, medium, or small.
Mcap of SBI as of 2nd August is Rs 7,56,717.85. SBI is the 6th largest company in India and 3rd largest bank in India as per Mcap. HDFC Bank and ICICI Bank are ahead of SBI in terms of Mcap.
Last 10 years MCap of SBI
| Year | Market cap | Change |
|---|---|---|
| 2024 | ₹7.566 T | 31.93% |
| 2023 | ₹5.735 T | 4.71% |
| 2022 | ₹5.477 T | 33.3% |
| 2021 | ₹4.109 T | 67.47% |
| 2020 | ₹2.453 T | -17.62% |
| 2019 | ₹2.978 T | 12.79% |
| 2018 | ₹2.640 T | -0.96% |
| 2017 | ₹2.666 T | 37.23% |
| 2016 | ₹1.942 T | 15.94% |
| 2015 | ₹1.675 T | -28.03% |
| 2014 | ₹2.328 T | 92.68% |
| 2013 | ₹1.208 T | -24.52% |
| 2012 | ₹1.600 T | 56% |
| 2011 | ₹1.026 T | -42.53% |
| 2010 | ₹1.785 T | 23.95% |
| 2009 | ₹1.440 T | 77.01% |
| 2008 | ₹813.83 B | -34.79% |
| 2007 | ₹1.247 T | 89.29% |
