SBI Share Price Target: In this article, you will read about SBI Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about SBI(State Bank of India), and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
SBI Overview :
SBI, well known as the State Bank of India, is India’s largest public sector bank. SBI was founded on 1 July 1955. It’s located in Mumbai, Maharashtra, India. SBI provides Retail banking, corporate banking, investment banking, insurance, mutual funds, and other financial services. State Bank of India has Over 24,000 branches, 60,000 ATMs in India, also 200 branches in 36 countries. From the below table, you can get to know all the information on its official website.
| Name | State Bank of India |
| Industry | Financial services |
| Type | Public sector bank |
| Founded | 1 July 1955 |
| CEO | Dinesh Kumar Khara |
| Headquarters | Mumbai, Maharashtra, India |
| Services | Retail banking, corporate banking, investment banking, insurance, mutual funds, and other financial services |
| Country | India |
| Locations | Over 24,000 branches 60,000 ATMs in India 200 branches in 36 countries |
| Website | sbi.co.in |
| Profile on Wikipedia | State_Bank_of_India |
Shareholders of SBI:
- Promoters. 57.49%
- Mutual Funds. 11.98%
- Foreign Institutions. 10.72%
- Other Domestic Institutions. 10.51%
- Retail And Others. 9.30%
Fundamentals of SBI:
The market cap of SBI is 5.79T. The number of shares outstanding is 8.92B. And Earnings per share is ₹76.40. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 5.79T |
| Enterprise value | ₹7,565,333,233,664.00 |
| Shares outstanding | 8.92B |
| P/E ratio | 8.48 |
| Forward P/E ratio | 9.26 |
| Price / Book | 1.47 |
| Book value | ₹441.65 |
| Payout ratio | 14.79% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | – |
| Price / Sales | 2.04 |
| Earnings per share | ₹76.40 |
| Revenue per share | ₹318.37 |
| Total cash per share | ₹405.91 |
| Forward annual dividend rate | ₹11.30 |
| Ex-Dividend date | May 31, 2023 |
| Forward annual dividend yield | 1.81% |
| Five Year Avg Dividend Yield | 1.39 |
| Total cash | 3.62T |
| Total debt | 5.48T |
| Total revenue | 2.84T |
| Return on assets | 1.18% |
| Return on equity | 18.68% |
| Gross profit | 2.46T |
| Gross margin | 0.00% |
| % Held by insiders | 58.30% |
| % Held by Institutions | 27.18% |
Competitors of SBI:
| Bank | Market Share |
|---|---|
| State Bank of India | 22.5% |
| ICICI Bank | 18.7% |
| HDFC Bank | 15.3% |
| Axis Bank | 9.4% |
| Bank of Baroda | 6.6% |
| Punjab National Bank | 5.4% |
| Canara Bank | 4.6% |
| Union Bank of India | 4.3% |
| Indian Bank | 3.9% |
SBI Share Price NSE/BSE:
SBI Elxsi Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange. SBI shares were listed on March 1, 1995.
SBI Elxsi shares on NSE are currently trading at around 648.30 INR, each as of December 2023. SBI Elxsi shares on BSE are currently trading at 648.40 INR.
SBI Cards IPO Details:
| IPO Date | March 2, 2020 to March 5, 2020 |
| Listing Date | March 16, 2020 |
| Face Value | ₹10 per share |
| Price Band | ₹750 to ₹755 per share |
| Lot Size | 19 Shares |
| Total Issue Size | 137,193,464 shares (aggregating up to ₹10,354.77 Cr) |
| Fresh Issue | 6,622,517 shares (aggregating up to ₹500.00 Cr) |
| Offer for Sale | 130,526,798 shares of ₹10 (aggregating up to ₹9,854.77 Cr) |
| Employee Discount | Rs 75 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
SBI Share Price History:
| Year | SBI | YOY Chg% |
|---|---|---|
| 1995 | ₹18.04 | – |
| 1996 | ₹21.37 | 18.4% |
| 1997 | ₹22.93 | 7.2% |
| 1998 | ₹14.82 | -35.4% |
| 1999 | ₹21.21 | 43.1% |
| 2000 | ₹18.15 | -14.5% |
| 2001 | ₹17.22 | -5.2% |
| 2002 | ₹26.67 | 54.8% |
| 2003 | ₹50.81 | 90.5% |
| 2004 | ₹61.56 | 21.1% |
| 2005 | ₹85.62 | 39% |
| 2006 | ₹117.55 | 37.2% |
| 2007 | ₹223.71 | 90.3% |
| 2008 | ₹128.82 | -42.5% |
| 2009 | ₹226.94 | 76.1% |
| 2010 | ₹281.11 | 23.8% |
| 2011 | ₹161.95 | -42.4% |
| 2012 | ₹238.38 | 47.1% |
| 2013 | ₹176.55 | -26% |
| 2014 | ₹311.85 | 76.6% |
| 2015 | ₹224.40 | -28.1% |
| 2016 | ₹249.75 | 11.2% |
| 2017 | ₹309.50 | 23.9% |
| 2018 | ₹295.65 | -4.5% |
| 2019 | ₹333.70 | 12.8% |
| 2020 | ₹274.75 | -17.7% |
| 2021 | ₹460.45 | 67.5% |
| 2022 | ₹613.20 | 33.1% |
| 2023 | ₹648.10 | 5.6% |
SBI Expected Share Price Target:
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹700 | ₹825 |
| 2025 | ₹815 | ₹950 |
| 2026 | ₹945 | ₹1,070 |
| 2027 | ₹1,065 | ₹1,190 |
| 2030 | ₹1,450 | ₹1,600 |
| 2035 | ₹2,000 | ₹2,500 |
Also Consider Reading: Coal India Share Price Target.
SBI Share Price Target 2024:
On the analysis we will get to know the SBI share price target by 2024, the minimum price range of 700, and the maximum share price of 825. This range of amounts is based on the strategies of the bank.
SBI Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 700 | 825 |
SBI Share Price Target 2025:
The expected minimum range of SBI(State Bank of India) share price target in 2025 is 815, and the maximum share price target is 950.
SBI Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 815 | 950 |
SBI Share Price Target 2027:
The expected minimum range of SBI(State Bank of India) share price target in 2027 is 1065, and the maximum share price target is 1190.
SBI Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 1065 | 1190 |
SBI Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for SBI(State Bank of India) shares is 1450, and the maximum price range is 1600.
SBI Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 1450 | 1600 |
SBI Share Price Target 2035:
By the year 2035, the expected minimum range of SBI(State Bank of India) share price is 2000, and the maximum price range is 2500.
| Year | Target 1 | Target 2 |
| 2035 | 2000 | 2500 |
Also Consider Reading: Bank of Baroda Share Price Target.
Conclusion:
I hope you got clarity on the SBI(State Bank of India) Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer:
Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for SBI(State Bank of India) is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the SBI Share Price Target for 2024?
A: The expected price target for SBI in 2024 is 700 to 825 per share.
2. What is the SBI Share Price Target for 2025?
A: The expected price target for SBI in 2025 is 815 to 950 per share.
3. What is the SBI Share Price Target for 2027?
A: The expected price target for SBI in 2027 is 1065 to 1190 per share.
4. What is the SBI Share Price Target for 2030?
A: The expected price target for SBI in 2030 is 1450 to 1600 per share.
5. What is the SBI Share Price Target for 2035?
A: The expected price target for SBI in 2035 is 2000 to 2500 per share.
