CANARA BANK
|
The Current P/S Ratio of CANARA BANK is 0.71.
Share Price | ₹93.3 | Jan 31,2025 |
Market Cap | ₹84,629.6 Cr | |
Sales-TTM | ₹119,392.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.71x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CANARA BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹84,629.6 Cr] as on Jan 31,2025
(/) Sales [ ₹119,392.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.71x ]
Thus, for CANARA BANK, the investors are currently willing to pay '0.71 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.54x.
- CANARA BANK's operated at median p/e ratio of 0.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CANARA BANK's p/e ratio peaked in Mar2024 at 0.95x.
- 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 Ratio | Market Cap (Cr) |
---|---|---|---|
CANARA BANK | 119,392.0 | 0.71 | 84,629.6 |
STATE BANK OF INDIA | 469,625.0 | 1.47 | 689,962.0 |
PUNJAB NATIONAL BANK | 120,169.0 | 0.97 | 116,251.0 |
BANK OF BARODA | 126,672.0 | 0.87 | 110,357.0 |
UNION BANK OF INDIA | 107,058.0 | 0.82 | 88,130.0 |
INDIAN OVERSEAS BANK | 27,142.3 | 3.55 | 96,326.7 |
INDIAN BANK | 60,813.2 | 1.23 | 74,871.0 |
BANK OF INDIA | 69,079.2 | 0.74 | 51,217.5 |
UCO BANK | 24,182.0 | 2.15 | 52,008.4 |
CENTRAL BANK OF INDIA | 33,515.4 | 1.35 | 45,158.2 |
BANK OF MAHARASHTRA | 23,683.5 | 1.67 | 39,480.8 |
Bank - Public Industry Benchmark (Top 10) PS Analysis vs CANARA BANK's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 3.55x |
Median industry PS | 1.23x |
Average industry PS | 1.41x |
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