Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:44 am
Author: Getaka|Social: XLinkedIn

Canara Bank: Intrinsic Value & Share Price Analysis

Fair Value

₹108.37Overvalued by 14.67%vs CMP ₹127.00

P/E (5.7) × ROE (17.8%) × BV (₹129.00) × DY (3.14%)

₹194.55Undervalued by 53.19%vs CMP ₹127.00
MoS: +34.7% (Strong)Confidence: 37/100 (Low)Models: 3 Under, 3 Fair, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹135.0027%Fair (+6.3%)
Graham NumberEarnings₹242.4419%Under (+90.9%)
Earnings PowerEarnings₹138.4613%Fair (+9%)
DCFCash Flow₹496.9213%Under (+291.3%)
Net Asset ValueAssets₹126.719%Fair (-0.2%)
EV/EBITDAEnterprise₹9.5711%Over (-92.5%)
Earnings YieldEarnings₹202.509%Under (+59.4%)
Consensus (7 models)₹194.55100%Undervalued
Key Drivers: Wide model spread (₹10–₹497) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 24.6%

*Investments are subject to market risks

Investment Snapshot

60
Canara Bank scores 60/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health62/100 · Moderate
ROCE 6.8% WeakROE 17.8% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 4.07% (6mo) AccumulatingDII holding down 1.38% MF sellingPromoter holding at 62.9% Stable
Earnings Quality50/100 · Moderate
Quarterly Momentum58/100 · Moderate
Profit (4Q): +11% YoY Positive
Industry Rank75/100 · Strong
P/E 5.7 vs industry 8.7 Cheaper than peersROCE 6.8% vs industry 6.2% AverageROE 17.8% vs industry 14.3% Above peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:44 am

Market Cap 1,15,469 Cr.
Current Price 127
Intrinsic Value₹194.55
High / Low 163/83.4
Stock P/E5.72
Book Value 129
Dividend Yield3.14 %
ROCE6.79 %
ROE17.8 %
Face Value 2.00
PEG Ratio0.23

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Canara Bank

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Canara Bank 1,15,469 Cr. 127 163/83.45.72 1293.14 %6.79 %17.8 % 2.00
Punjab National Bank 1,19,527 Cr. 104 135/89.46.72 1302.79 %6.32 %15.2 % 2.00
Indian Bank 1,19,610 Cr. 888 1,000/5189.95 5931.83 %6.38 %17.1 % 10.0
Bank of Baroda 1,30,334 Cr. 252 326/2126.70 3183.31 %6.29 %15.5 % 2.00
Union Bank of India 1,31,023 Cr. 172 205/1126.92 1722.77 %6.72 %17.0 % 10.0
Industry Average144,637.54 Cr226.678.69183.822.11%6.22%14.34%7.46

All Competitor Stocks of Canara Bank

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue22,56124,30425,45127,29028,49229,28629,17330,18230,75131,49631,52332,07230,938
Interest 13,62215,29216,33717,93418,62019,22619,53420,42721,16321,55621,99222,41222,709
Expenses 10,83112,25310,99010,85912,00113,19812,01012,06610,75212,12413,14113,2514,002
Financing Profit-1,891-3,241-1,876-1,504-2,129-3,138-2,371-2,312-1,165-2,185-3,610-3,5914,227
Financing Margin %-8%-13%-7%-6%-7%-11%-8%-8%-4%-7%-11%-11%14%
Other Income 5,7777,4706,8096,6027,1388,0987,7937,8246,6798,7618,0869,9422,152
Depreciation 0000000000000
Profit before tax 3,8864,2294,9335,0985,0094,9605,4225,5135,5156,5764,4756,3516,379
Tax % 25%24%28%28%25%24%27%26%25%22%33%23%24%
Net Profit 3,0583,3643,7553,8293,8273,9914,0984,2274,2565,1113,2334,8965,174
EPS in Rs 3.343.684.124.194.184.364.484.624.655.593.525.355.79
Gross NPA %5.90%5.35%5.16%4.76%4.39%4.23%4.14%3.73%3.34%2.94%2.69%2.35%2.08%
Net NPA %1.96%1.73%1.57%1.41%1.32%1.27%1.24%0.99%0.89%0.70%0.63%0.54%0.45%

Last Updated: February 6, 2026, 10:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 5:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue39,57043,81344,03941,45741,34547,95149,75970,25370,61485,885110,519121,601126,028
Interest 30,60634,13334,26331,54029,11332,33935,81745,18243,03552,99072,11882,68188,669
Expenses 9,63610,30217,78515,69125,58227,20226,80943,43741,23542,77246,14646,08242,518
Financing Profit-672-621-8,008-5,775-13,350-11,590-12,867-18,367-13,657-9,877-7,745-7,162-5,159
Financing Margin %-2%-1%-18%-14%-32%-24%-26%-26%-19%-12%-7%-6%-4%
Other Income 4,1444,7335,2667,8527,3989,90711,79923,08623,64325,32528,64631,05728,940
Depreciation 2304291723314564294468388411,0219028700
Profit before tax 3,2423,683-2,9141,746-6,408-2,111-1,5143,8829,14514,42720,00023,02523,781
Tax % 20%22%-13%29%-36%-126%34%30%37%25%26%25%
Net Profit 2,6722,931-2,5351,411-3,873696-1,9212,9576,15811,34515,40117,69218,415
EPS in Rs 10.3710.96-8.734.55-10.781.60-3.863.516.7512.4116.8419.3420.25
Dividend Payout % 19%17%0%4%0%0%0%0%19%19%19%21%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)9.69%-186.49%155.66%-374.49%117.97%-376.01%253.93%108.25%84.23%35.75%14.88%
Change in YoY Net Profit Growth (%)0.00%-196.18%342.15%-530.15%492.46%-493.98%629.94%-145.68%-24.02%-48.48%-20.88%

Canara Bank has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:20%
3 Years:20%
TTM:9%
Compounded Profit Growth
10 Years:20%
5 Years:61%
3 Years:42%
TTM:18%
Stock Price CAGR
10 Years:8%
5 Years:39%
3 Years:29%
1 Year:-2%
Return on Equity
10 Years:8%
5 Years:14%
3 Years:17%
Last Year:18%

Last Updated: September 5, 2025, 1:30 am

Balance Sheet

Last Updated: December 10, 2025, 2:30 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 4614755435977337531,0301,6471,8141,8141,8141,8141,814
Reserves 29,71532,01731,86734,08836,16436,93640,17660,76368,14776,24090,319103,603113,388
Deposits431,880485,802479,749495,266524,847599,123625,4081,010,9851,086,3411,179,0861,312,2421,456,4951,527,472
Borrowing16,03413,68626,96339,59238,91041,04342,76250,01346,28558,07357,53889,66591,131
Other Liabilities 23,00026,57824,60326,61530,78133,92832,06456,13256,20265,81673,10479,11477,698
Total Liabilities 501,090558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,0181,730,6911,811,503
Fixed Assets 6,6616,9697,2067,1858,3358,4338,32311,26911,44710,33412,18410,14910,223
CWIP 11000002201471520
Investments 135,445152,122152,470162,073157,444168,678192,645286,191311,347352,893399,207426,188444,689
Other Assets 358,982399,466404,049426,901465,657534,672540,472882,077935,9921,017,8031,123,4801,294,2011,356,591
Total Assets 501,090558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,0181,730,6911,811,503

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 14,2446,3449,3462,575-11,12018,237-5,28959,118919-39,97815,04660,669
Cash from Investing Activity + -380-1,104-443-476-487-745-445-1,116-1,429-1,156-1,750-2,437
Cash from Financing Activity + -3,771-1,464-8061242,865-1,1857,7922904,035445-3,834-3,506
Net Cash Flow 10,0923,7768,0962,224-8,74316,3072,05958,2913,525-40,6899,46254,725
Free Cash Flow 13,7045,5308,9762,195-11,58017,631-5,62758,19598-40,59113,79361,830
CFO/OP 52%24%41%17%-61%94%-30%226%17%-83%28%86%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-422.00-475.00-462.00-480.00-499.00-572.00-599.0042.0040.0041.0045.0045.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROE % 10%9%-8%4%-11%2%-5%6%9%15%18%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%
FIIs 8.95%8.91%10.19%11.21%10.57%11.91%11.26%11.10%10.54%11.38%11.89%14.61%
DIIs 16.20%15.93%14.91%14.29%14.39%11.19%11.65%11.71%11.85%11.41%12.23%10.47%
Public 11.92%12.21%11.96%11.55%12.10%13.94%14.17%14.24%14.67%14.27%12.92%11.98%
No. of Shareholders 6,29,4446,35,5566,38,4016,44,7707,59,08311,93,26716,39,36317,48,70817,99,43216,99,71516,14,08115,30,698

Shareholding Pattern Chart

No. of Shareholders

Canara Bank: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Value Fund 18,046,360 1.83 266.0422,762,2002026-02-23 01:18:15-20.72%
Kotak Multicap Fund 15,346,453 1 226.2418,381,8372026-02-23 01:18:15-16.51%
Edelweiss Mid Cap Fund 11,162,378 1.19 164.5610,006,1212026-02-23 01:18:1511.56%
Bandhan Large & Mid Cap Fund 4,761,515 0.5 70.193,461,5152026-02-23 01:18:1537.56%
ICICI Prudential Equity Savings Fund 4,414,500 0.36 65.08N/AN/AN/A
Mirae Asset Arbitrage Fund 4,401,000 1.78 64.88N/AN/AN/A
Baroda BNP Paribas Multi Cap Fund 4,000,000 1.93 58.97N/AN/AN/A
Edelweiss Business Cycle Fund 3,432,687 3.19 50.63,414,2772026-02-23 01:18:150.54%
Aditya Birla Sun Life Quant Fund 3,345,603 2.31 49.32N/AN/AN/A
ICICI Prudential PSU Equity Fund 3,126,474 2.4 46.09N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
Face Value2.0010.0010.0010.0010.00
Basic EPS (Rs.) 19.3484.2262.0435.0419.11
Diluted EPS (Rs.) 19.3484.2262.0435.0419.11
Cash EPS (Rs.) 20.0786.4565.2036.5821.50
Book Value[Excl.RevalReserv]/Share (Rs.) 109.11457.60388.97338.76328.68
Book Value[Incl.RevalReserv]/Share (Rs.) 116.22507.86430.25385.65378.99
Operating Revenue / Share (Rs.)134.06609.21473.42389.24426.37
Net Profit / Share (Rs.) 19.1181.4859.5831.9416.41
Net Profit After MI / Share (Rs.)19.3484.2262.0433.7617.55
Net Profit Margin (%) 14.2513.3712.588.203.84
Net Profit After MI And SOA Nargin (%)14.4213.8213.108.674.11
Operating Profit Margin (%)24.7722.0418.5611.315.57
Return On Assets (%) 1.010.990.810.480.24
Return On Equity / Networth (%)17.7218.4015.949.965.34
Net Interest Margin (X)2.242.502.382.192.12
Cost To Income (%)54.5755.6851.9554.5158.34
Interest Income / Total Assets (%)7.027.196.215.615.95
Non-Interest Income / Total Assets (%)1.791.861.831.871.98
Operating Profit / Total Assets (%)-0.79-0.90-1.05-1.41-1.75
Operating Expenses / Total Assets (%)2.202.432.192.222.39
Interest Expenses / Total Assets (%)4.774.693.833.423.83
Enterprise Value (Rs.Cr.)1536859.411404064.261233726.371122278.441042953.47
EV Per Net Sales (X)12.6412.7014.3615.8914.85
Price To Book Value (X)0.811.270.730.670.46
Price To Sales (X)0.660.950.600.580.35
Retention Ratios (%) 79.3180.8880.6580.74100.00
Earnings Yield (X)0.210.140.210.140.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Canara Bank is a Public Limited Listed company incorporated on 01/07/1906 and registered in the State of Maharashtra, India. Company presently involved in the business activities of Banking Business.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public Sector112, J.C. Road, Bengaluru Karnataka 560002Contact not found
Management
NamePosition Held
Mr. Vijay SriranganNon Executive Chairman
Mr. K Satyanarayana RajuManaging Director & CEO
Mr. Debashish MukherjeeExecutive Director
Mr. Hardeep Singh AhluwaliaExecutive Director
Mr. S K MajumdarExecutive Director
Mr. Bhavendra KumarExecutive Director
Ms. Abha Singh YaduvanshiShareholder Director
Mr. Bimal Prasad SharmaShareholder Director
Mr. Hemant BuchShareholder Director
Ms. Nalini PadmanabhanPart Time Non Official Director
Mr. Parshant Kumar GoyalGovernment Nominee Director
Mr. Rohit DasGovernment Nominee Director

FAQ

What is the intrinsic value of Canara Bank and is it undervalued?

As of 10 April 2026, Canara Bank's intrinsic value is ₹194.55, which is 53.19% higher than the current market price of ₹127.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (17.8 %), book value (₹129), dividend yield (3.14 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Canara Bank?

Canara Bank is trading at ₹127.00 as of 10 April 2026, with a FY2026-2027 high of ₹163 and low of ₹83.4. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,15,469 Cr..

How does Canara Bank's P/E ratio compare to its industry?

Canara Bank has a P/E ratio of 5.72, which is below the industry average of 8.69. This is broadly in line with or below the industry average.

Is Canara Bank financially healthy?

Key indicators for Canara Bank: ROCE of 6.79 % is on the lower side compared to the industry average of 6.22%; ROE of 17.8 % shows strong shareholder returns. Dividend yield is 3.14 %.

Is Canara Bank profitable and how is the profit trend?

Canara Bank reported a net profit of ₹17,692 Cr in Mar 2025 on revenue of ₹121,601 Cr. Compared to ₹6,158 Cr in Mar 2022, the net profit shows an improving trend.

Does Canara Bank pay dividends?

Canara Bank has a dividend yield of 3.14 % at the current price of ₹127.00. This is a relatively attractive yield for income-seeking investors.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Canara Bank. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports