CANARA BANK
|
The Current P/E Ratio of CANARA BANK is 6.16.
Share Price | ₹117.7 | Jun 09,2025 |
Market Cap | ₹106,762.1 Cr | |
Earnings-TTM | ₹17,336.0 Cr | TTM-Consolidated Results |
Price/Earnings | 6.16x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CANARA BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹106,762.1 Cr] as on Jun 09,2025
(/) Earnings [ ₹17,336.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 6.16x ]
Thus, for CANARA BANK, the investors are currently willing to pay 6.16 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of CANARA BANK!
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of CANARA BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of CANARA BANK
PE Ratio Performance Analysis for CANARA BANK
- CANARA BANK's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 4.46x.
- CANARA BANK's operated at median p/e ratio of 4.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CANARA BANK's p/e ratio peaked in Mar2021 at 8.67x.
- CANARA BANK's p/e ratio hit its five-year low in Mar2023 of 0.92x.
How does CANARA BANK's P/E Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
CANARA BANK | 17,336.00 | 6.16 | 106,762.1 |
STATE BANK OF INDIA | 79,017.20 | 9.26 | 731,864.0 |
PUNJAB NATIONAL BANK | 17,439.60 | 7.39 | 128,893.0 |
BANK OF BARODA | 20,459.30 | 6.27 | 128,276.0 |
INDIAN OVERSEAS BANK | 3,395.49 | 23.00 | 78,104.7 |
UNION BANK OF INDIA | 17,921.20 | 6.62 | 118,588.0 |
INDIAN BANK | 10,994.90 | 7.99 | 87,815.3 |
UCO BANK | 2,444.96 | 17.01 | 41,581.2 |
BANK OF INDIA | 9,339.44 | 6.30 | 58,866.0 |
CENTRAL BANK OF INDIA | 3,817.80 | 9.57 | 36,522.4 |
BANK OF MAHARASHTRA | 5,520.87 | 7.92 | 43,734.2 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs CANARA BANK's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 6.16x |
Max industry PE | 23.00x |
Median industry PE | 7.92x |
Average industry PE | 9.77x |
You may also like the below Video Courses