SBI to report Q3 results today; here are the five things you need to track

Most analysts expect State Bank of India's Q3 profit after tax (PAT) to decline anywhere between 15 per cent and 58 per cent on a yearly basis during the quarter under review

India's largest public sector bank State Bank of India (SBI) is set to report its Q3FY21 result on Thursday, February 4. The stock of the lender became analysts' darling after the bank's earnings, during the preceding two quarters, beat Street expectations by huge margins. A repeat this time may, therefore, lead to further re-rating of the stock.
 

Goldman Sachs, for instance, has a target price of Rs 383 on the stock as it believes investors are still pricing in around 60 per cent hit to its FY21E book value, which seems excessive. Besides, examples of valuation re-rating driven by ROA