SBI Cards and Payment Services Limited

NSEI:SBICARD Stock Report

Market Cap: ₹817.2b

SBI Cards and Payment Services Valuation

Is SBICARD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SBICARD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹203.63
Fair Value
321.9% overvalued intrinsic discount
24
Number of Analysts

Below Fair Value: SBICARD (₹859) is trading above our estimate of fair value (₹203.63)

Significantly Below Fair Value: SBICARD is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SBICARD?

Key metric: As SBICARD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SBICARD. This is calculated by dividing SBICARD's market cap by their current earnings.
What is SBICARD's PE Ratio?
PE Ratio40x
Earnings₹20.44b
Market Cap₹817.21b

Price to Earnings Ratio vs Peers

How does SBICARD's PE Ratio compare to its peers?

The above table shows the PE ratio for SBICARD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.8x
MUTHOOTFIN Muthoot Finance
18.1x17.8%₹905.3b
SUNDARMFIN Sundaram Finance
31.8x14.7%₹507.2b
511243 Cholamandalam Investment and Finance
28.4x19.4%₹1.2t
511218 Shriram Finance
12.7x11.9%₹1.0t
SBICARD SBI Cards and Payment Services
40x27.9%₹817.2b

Price-To-Earnings vs Peers: SBICARD is expensive based on its Price-To-Earnings Ratio (40x) compared to the peer average (22.8x).

Price to Earnings Ratio vs Industry

How does SBICARD's PE Ratio compare vs other companies in the IN Consumer Finance Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
523384 Maha Rashtra Apex
0.5xn/aUS$21.77m
507938 Manipal Finance
1.4xn/aUS$1.18m
511728 K Z Leasing and Finance
3.4xn/aUS$808.74k
No more companies available in this PE range
SBICARD 40.0xIndustry Avg. 18.8xNo. of Companies11PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SBICARD is expensive based on its Price-To-Earnings Ratio (40x) compared to the Indian Consumer Finance industry average (18.8x).

Price to Earnings Ratio vs Fair Ratio

What is SBICARD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SBICARD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40x
Fair PE Ratio25.9x

Price-To-Earnings vs Fair Ratio: SBICARD is expensive based on its Price-To-Earnings Ratio (40x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SBICARD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹859.00
₹767.08
-10.7%
14.8%₹1,000.00₹581.00n/a24
Feb ’26₹824.95
₹728.75
-11.7%
13.2%₹912.00₹560.00n/a24
Jan ’26₹677.80
₹691.63
+2.0%
13.0%₹960.00₹549.00n/a24
Dec ’25₹700.60
₹692.04
-1.2%
13.0%₹960.00₹549.00n/a24
Nov ’25₹694.80
₹692.88
-0.3%
13.0%₹960.00₹549.00n/a24
Oct ’25₹770.20
₹726.17
-5.7%
11.7%₹913.00₹590.00n/a24
Sep ’25₹723.20
₹704.88
-2.5%
10.6%₹900.00₹590.00n/a24
Aug ’25₹720.45
₹708.09
-1.7%
10.5%₹900.00₹599.00n/a23
Jul ’25₹723.00
₹765.40
+5.9%
11.3%₹988.00₹600.00n/a25
Jun ’25₹692.10
₹768.81
+11.1%
11.3%₹988.00₹600.00n/a26
May ’25₹728.30
₹768.81
+5.6%
11.3%₹988.00₹600.00n/a26
Apr ’25₹688.05
₹779.77
+13.3%
11.0%₹990.00₹620.00n/a26
Mar ’25₹717.90
₹781.36
+8.8%
11.1%₹990.00₹620.00n/a25
Feb ’25₹711.95
₹781.56
+9.8%
11.0%₹990.00₹620.00₹824.9525
Jan ’25₹766.35
₹871.13
+13.7%
13.7%₹1,100.00₹630.00₹677.8023
Dec ’24₹739.95
₹872.96
+18.0%
13.7%₹1,100.00₹620.00₹700.6024
Nov ’24₹744.80
₹876.13
+17.6%
13.4%₹1,100.00₹620.00₹694.8023
Oct ’24₹791.10
₹922.91
+16.7%
14.1%₹1,115.00₹650.00₹770.2023
Sep ’24₹840.30
₹924.65
+10.0%
14.4%₹1,155.00₹650.00₹723.2023
Aug ’24₹881.35
₹930.55
+5.6%
13.5%₹1,155.00₹670.00₹720.4522
Jul ’24₹847.20
₹939.45
+10.9%
14.0%₹1,155.00₹652.00₹723.0022
Jun ’24₹910.50
₹935.63
+2.8%
10.9%₹1,155.00₹652.00₹692.1024
May ’24₹772.25
₹929.32
+20.3%
10.1%₹1,155.00₹652.00₹728.3025
Apr ’24₹740.20
₹931.00
+25.8%
11.1%₹1,117.00₹684.00₹688.0526
Mar ’24₹751.70
₹935.72
+24.5%
11.5%₹1,117.00₹684.00₹717.9025
Feb ’24₹739.70
₹935.72
+26.5%
11.5%₹1,117.00₹684.00₹711.9525
Analyst Price Target
Consensus Narrative from 24 Analysts
₹767.08
Fair Value
12.0% overvalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 02:42
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SBI Cards and Payment Services Limited is covered by 44 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Kaitav ShahAnand Rathi Shares and Stock Brokers Limited
Yuvraj ChoudharyAnand Rathi Shares and Stock Brokers Limited