CANARA BANK
|
The Current P/E Ratio of CANARA BANK is 6.14.
| Share Price | ₹128.4 | May 22,2026 |
| Market Cap | ₹116,422.4 Cr | |
| Earnings-TTM | ₹18,951.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 6.14x | 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 [ ₹116,422.4 Cr] as on May 22,2026
(/) Earnings [ ₹18,951.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 6.14x ]
Thus, for CANARA BANK, the investors are currently willing to pay 6.14 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 | 18,951.20 | 6.14 | 116,422.4 |
| STATE BANK OF INDIA | 85,168.50 | 10.29 | 876,078.0 |
| BANK OF BARODA | 19,477.20 | 7.04 | 137,041.0 |
| UNION BANK OF INDIA | 18,780.60 | 6.54 | 122,787.0 |
| PUNJAB NATIONAL BANK | 17,095.80 | 6.90 | 117,918.0 |
| INDIAN BANK | 11,460.40 | 9.71 | 111,252.0 |
| INDIAN OVERSEAS BANK | 5,210.16 | 12.36 | 64,374.8 |
| BANK OF INDIA | 10,089.30 | 6.32 | 63,782.9 |
| BANK OF MAHARASHTRA | 7,020.63 | 8.77 | 61,578.6 |
| UCO BANK | 2,444.96 | 12.71 | 31,073.0 |
| CENTRAL BANK OF INDIA | 4,483.51 | 6.32 | 28,330.9 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs CANARA BANK's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 6.14x |
| Max industry PE | 12.71x |
| Median industry PE | 7.04x |
| Average industry PE | 8.46x |
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