Home > PS Ratio > CANARA BANK

CANARA BANK
PS (Price/Sales) Ratio

The Current P/S Ratio of CANARA BANK is 1.00.

Share Price ₹583.6Apr 18,2024
Market Cap ₹105,861.8 Cr
Sales-TTM₹105,537.0 CrTTM-Consolidated Results
Price/Sales1.00xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for CANARA BANK
Please provide your vote to see the results
CANARA BANKis part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of CANARA BANK

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of CANARA BANK is calculated as :

Current Market Cap [ ₹105,861.8 Cr] as on Apr 18,2024

(/) Sales [ ₹105,537.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.00x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for CANARA BANK, the investors are currently willing to pay '1.00 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of CANARA BANK!

The chart below summarizes the trend in P/S Ratio of CANARA BANK over the last five years.

Historical PS (Price/Sales) ratio chart of CANARA BANK


PS Ratio Performance Analysis for CANARA BANK

- CANARA BANK's latest p/e ratio is 1.00x.

- CANARA BANK's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.44x.

- CANARA BANK's operated at median p/e ratio of 0.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CANARA BANK's p/e ratio peaked in Mar2023 at 0.6x.

- CANARA BANK's p/e ratio hit its five-year low in Mar2020 of 0.19x.


How does CANARA BANK's P/S Ratio benchmark against top 10 peers in Bank - Public Industry?

Peer Comparison (Bank - Public Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CANARA BANK105,537.01.00105,861.8
STATE BANK OF INDIA419,802.01.58664,705.0
PUNJAB NATIONAL BANK104,688.01.36142,648.0
BANK OF BARODA114,384.01.17134,016.0
UNION BANK OF INDIA96,028.71.14109,161.0
INDIAN OVERSEAS BANK22,626.95.14116,250.0
INDIAN BANK53,271.61.2968,856.8
BANK OF INDIA58,370.81.0762,735.8
UCO BANK20,982.13.0564,000.2
CENTRAL BANK OF INDIA29,649.11.8153,648.2
BANK OF MAHARASHTRA19,523.62.2343,444.2

Bank - Public Industry Benchmark (Top 10) PS Analysis vs CANARA BANK's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.00x
Max industry PS 5.14x
Median industry PS 1.36x
Average industry PS 1.89x



You may also like the below Video Courses