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

With SBIN's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 0.000000
forwardPE 11.961904
debtToEquity 0.000000
earningsGrowth 0.093000
revenueGrowth 0.145000
grossMargins 0.000000
operatingMargins 0.296760
trailingEps 91.830000
forwardEps 92.050570

SBIN's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
With a forward EPS greater than its trailing EPS, SBIN is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for SBIN
Price projections for SBIN

Over time, price projections for SBIN have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in SBIN's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for SBIN
Recommendations trend for SBIN


Analysts have shown a buy bias for SBIN, marking it as a favorable investment option. This could inspire investors to see SBIN as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.