Baliga`s view on State Bank of India

161311 Investors following SBI. Share this News with them.

0

Like this story, share it with millions of investors on M3

Baliga`s view on State Bank of India

Ambareesh Baliga, COO, Way2Wealth shares his view State Bank of India (SBI).

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ambareesh Baliga See what other Experts & Brokerages are saying about SBI See messages about SBI

Ambareesh Baliga, COO, Way2Wealth shares his view State Bank of India (SBI).

Baliga told CNBC-TV18, "SBI asset quality clearly is a matter of concern, but I think the way the markets are they seem to be looking at the brighter side, which are the numbers, which they have declared seem to be better than what was expected so we are seeing this bounce back, just like the way the IIP numbers were, people saw the brighter side of it and we saw the markets holding on. So, right now the mood is basically to look at the brighter side of things."

The company's trailing 12-month (TTM) EPS was at Rs 130.15 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 16.36. The latest book value of the company is Rs 1023.40 per share. At current value, the price-to-book value of the company was 2.08. The dividend yield of the company was 1.41%.