The historical rank and industry rank for SBI Cards and Payment Services's Pretax Margin % or its related term are showing as below:
NSE:SBICARD'
s Pretax Margin % Range Over the Past 10 Years
Min: 17.41 Med: 22.07 Max: 28.38
Current: 17.73
NSE:SBICARD's Pretax Margin % is ranked worse than 53.47% of 533
companies
in the Credit Services industry
Industry Median: 20.19
vs NSE:SBICARD: 17.73
SBI Cards and Payment Services (NSE:SBICARD) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
SBI Cards and Payment Services Pretax Margin % Related Terms
SBI Cards and Payment Services Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SBI Cards and Payment Services Pretax Margin % Chart
NSE:SBICARD vs V, MA, AXP: Pretax Margin % Comparison
For the Credit Services subindustry, SBI Cards and Payment Services's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SBI Cards and Payment Services Pretax Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SBI Cards and Payment Services's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SBI Cards and Payment Services's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SBI Cards and Payment Services (NSE:SBICARD) has a Pretax Margin % of 20.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SBI Cards and Payment Services and its competitors. This is near median its historical median of 22.07. Over the past decade, SBI Cards and Payment Services' Pretax Margin % has ranged from 17.41 to 28.38. According to the industry distribution chart, SBI Cards and Payment Services ranks #285 out of 533 companies in the Credit Services industry, placing it in the top 53.5%.
Is SBI Cards and Payment Services' Pretax Margin % too high?
SBI Cards and Payment Services' current Pretax Margin % of 20.08% is near median its 10-year median of 22.07. Over the past 10 years, this metric has ranged from a low of 17.41 to a high of 28.38. The Credit Services industry median Pretax Margin % is 20.19. SBI Cards and Payment Services' value of 20.08% is 0.5% below this industry median. Based on the distribution chart, SBI Cards and Payment Services ranks #285 out of 533 companies in the Credit Services industry, which is below the industry midpoint. Overall, SBI Cards and Payment Services has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBI Cards and Payment Services' Pretax Margin % compare to V and MA?
According to the Credit Services industry distribution chart, SBI Cards and Payment Services ranks #285 out of 533 companies for Pretax Margin %. This places SBI Cards and Payment Services in the lower half of its industry. The industry median Pretax Margin % is 20.19. SBI Cards and Payment Services' value of 20.08% is 0.5% below this benchmark. Historically, SBI Cards and Payment Services' own Pretax Margin % has ranged from 17.41 to 28.38 over the past decade. While the company's 10-year median is 22.07 vs. the industry median of 20.19, SBI Cards and Payment Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Credit Services company?
The median Pretax Margin % among Credit Services companies is 20.19, based on 533 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBI Cards and Payment Services's current Pretax Margin % of 20.08% is 0.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SBI Cards and Payment Services and its competitors. For the Credit Services industry, the median Pretax Margin % is 20.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Cards and Payment Services's current Pretax Margin % is 20.08%, which is near median its own 10-year median of 22.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Cards and Payment Services stock overvalued right now?
Based on GuruFocus' analysis, SBI Cards and Payment Services (NSE:SBICARD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,018.43, compared to a current price of ₹604.95 — trading 40.6% below its estimated fair value. The current Pretax Margin % is 20.08%, which is near median its 10-year median of 22.07 and 0.5% below the Credit Services industry median of 20.19. SBI Cards and Payment Services' overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For SBI Cards and Payment Services (NSE:SBICARD), the current Pretax Margin % is 20.08% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SBI Cards and Payment Services (NSE:SBICARD) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Cards and Payment Services stock appears to be undervalued.
The current stock price of ₹604.95 is trading 40.6% below its estimated GF Value™ of ₹1,018.43.
GuruFocus considers SBI Cards and Payment Services to be Significantly Undervalued.
Key valuation signals for NSE:SBICARD:
Pretax Margin %: 20.08% (near median its 10-year median of 22.07)
GF Value™: ₹1,018.43 vs. price of ₹604.95 (40.6% below fair value)
Industry Position: 0.5% below the Credit Services median (#285 of 533)
No single metric tells the full story. See the NSE:SBICARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Cards and Payment Services Business Description
SBI Cards and Payment Services Ltd is a credit card issuer in India. The company offers a credit card portfolio to individual cardholders and corporate clients, including lifestyle, rewards, travel and fuel, shopping, banking partnership cards, and corporate cards covering all cardholder segments in terms of income profiles and lifestyles. It offers four primary SBI Card-branded credit cards SimplySave, SimplyClick, Prime, and Elite, each catering to a varying set of cardholder needs. The company earns revenue from selling credit card memberships to card holders, and income earned from the provision of membership services.
61GF Score
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