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

SBIN's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among 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

SBIN's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
With forward EPS less than trailing EPS, SBIN is expected to see reduced earnings. This suggests the company may face profitability challenges in the current financial year compared to the previous one.

Price projections:

Price projections for SBIN
Price projections for SBIN

Over time, price projections for SBIN have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in SBIN's ability to deliver strong results and achieve higher market value.

Recommendation changes over time:

Recommendations trend for SBIN
Recommendations trend for SBIN


Analysts' recent buy bias toward SBIN suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see SBIN as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.