CANARA BANK
|
The Current P/E Ratio of CANARA BANK is 5.14.
| Share Price | ₹90.9 | Jan 30,2025 |
| Market Cap | ₹82,452.7 Cr | |
| Earnings-TTM | ₹16,031.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 5.14x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of CANARA BANK
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹82,452.7 Cr] as on Jan 30,2025
(/) Earnings [ ₹16,031.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 5.14x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for CANARA BANK, the investors are currently willing to pay 5.14 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.
Thus, for CANARA BANK, the investors are currently willing to pay 5.14 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 latest p/e ratio is 5.14x.
- CANARA BANK's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.54x.
- CANARA BANK's operated at median p/e ratio of 1.38x 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 Mar2020 of 0x.
- CANARA BANK's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.54x.
- CANARA BANK's operated at median p/e ratio of 1.38x 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 Mar2020 of 0x.
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 | 16,031.80 | 5.14 | 82,452.7 |
| STATE BANK OF INDIA | 72,919.50 | 9.33 | 680,235.0 |
| PUNJAB NATIONAL BANK | 13,501.70 | 8.22 | 110,964.0 |
| BANK OF BARODA | 20,168.30 | 5.70 | 115,037.0 |
| UNION BANK OF INDIA | 16,229.80 | 5.22 | 84,771.2 |
| INDIAN OVERSEAS BANK | 3,113.97 | 30.43 | 94,757.8 |
| INDIAN BANK | 10,293.80 | 7.13 | 73,355.7 |
| BANK OF INDIA | 8,190.83 | 6.18 | 50,648.4 |
| UCO BANK | 2,318.30 | 22.11 | 51,255.2 |
| CENTRAL BANK OF INDIA | 3,587.61 | 12.35 | 44,290.1 |
| BANK OF MAHARASHTRA | 5,245.40 | 7.37 | 38,650.1 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs CANARA BANK's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 5.14x |
| Max industry PE | 30.43x |
| Median industry PE | 7.37x |
| Average industry PE | 10.83x |
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