CANARA BANK
|
The Current P/E Ratio of CANARA BANK is 6.07.
| Share Price | ₹127.0 | Aug 03,2026 |
| Market Cap | ₹115,197.9 Cr | |
| Earnings-TTM | ₹18,979.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 6.07x | 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 [ ₹115,197.9 Cr] as on Aug 03,2026
(/) Earnings [ ₹18,979.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 6.07x ]
Thus, for CANARA BANK, the investors are currently willing to pay 6.07 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 Mar2026 to Mar2022 averaged 3.98x.
- 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 Mar2022 at 6.74x.
- 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 | 18,979.10 | 6.07 | 115,197.9 |
| STATE BANK OF INDIA | 85,168.50 | 11.23 | 956,569.0 |
| BANK OF BARODA | 17,697.90 | 7.21 | 127,629.0 |
| UNION BANK OF INDIA | 20,012.20 | 6.63 | 132,596.0 |
| PUNJAB NATIONAL BANK | 20,602.70 | 6.31 | 129,985.0 |
| INDIAN BANK | 12,541.40 | 8.99 | 112,741.0 |
| INDIAN OVERSEAS BANK | 5,757.71 | 11.40 | 65,626.5 |
| BANK OF INDIA | 11,463.80 | 5.53 | 63,373.1 |
| BANK OF MAHARASHTRA | 7,448.08 | 8.21 | 61,170.9 |
| UCO BANK | 2,444.96 | 13.48 | 32,966.5 |
| CENTRAL BANK OF INDIA | 4,552.00 | 6.26 | 28,484.8 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs CANARA BANK's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 5.53x |
| Max industry PE | 13.48x |
| Median industry PE | 7.21x |
| Average industry PE | 8.30x |
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