Risk factor
Low price volatility
Profitability factor
Weak growth
About
SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. It offers corporate cards, central travel cards, utility cards, and corporate purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited is a subsidiary of State Bank of India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, undervalued on P/RI
Target Price
The average target price of SBICARD.NS is 730 and suggests 19% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i