Is SBI stock undervalued?

with fy23 eps at 62.4, industry PE of 10.8 and good future prospects for banking sector, the stock must be trading well over 650… ?

It will forever be either undervalued or fairly valued due to the PSU tag…

Eventually this scrip should cross 800 …maybe in one year

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Fully agree

Industry averages generally don’t apply to PSUs. There are some exceptions, but most PSU stocks appear undervalued from conventional metrics and industry averages.

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thanks for adding that word “generally”!