Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, and fixed and recurring deposits; home, personal, auto, education, and gold loans, as well as loans against insurance policies, property, and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking services; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides life and general insurance; estate planning services; and merchant banking, advisory, securities broking, business & management consultancy, trusteeship service, factoring, payment solution, asset management, investment management, credit cards, and custody and fund accounting services. The company was founded in 1806 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for SBIN
Revenue projections for SBIN

Revenues for State Bank of India are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 0.000000
forwardPE 11.494254
debtToEquity 0.000000
earningsGrowth 0.029000
revenueGrowth 0.081000
grossMargins 0.000000
operatingMargins 0.280390
trailingEps 89.880000
forwardEps 89.566490

State Bank of India's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
SBIN's forward EPS is lower than its trailing EPS, indicating the company may experience reduced profitability. This signals that the company's earnings growth could slow down in the near future.

Price projections:

Price projections for SBIN
Price projections for SBIN

Over time, price projections for State Bank of India have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for State Bank of India's continued growth.

Recommendation changes over time:

Recommendations trend for SBIN
Recommendations trend for SBIN


Analysts' buy bias for State Bank of India signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to State Bank of India, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.