in Anand rathi report ----------------- SBL currently trades at a FY19E/20E P/BV of 0.7x/0.6x, which makes it significantly under-valued given its FY19E/20E RoE profile of 10.7%/15.3% and long-term outlook-------------- will report around 5 eps in Fy 20 and pe of 15 will fetch 75 price--------------------------------------