Canara Bank: Intrinsic Value & Share Price Analysis

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

As of 09 September 2026, Canara Bank's intrinsic value is 194.96, which is 53.51% higher than the current market price of 127.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (16.1 %), book value (136), dividend yield (3.30 %), and 5-year EPS CAGR.

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

Canara Bank is trading at 127.00 as of 09 September 2026, with a FY2026-2027 high of 163 and low of 104. The stock is currently in the middle of its 52-week range. Market cap stands at 1,15,469 Cr..

Q: Is Canara Bank financially healthy?

Key indicators: ROCE of 6.52 % is on the lower side. Dividend yield is 3.30 %.

Q: 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.

Fair Value

₹105.13Overvalued by 17.22%vs CMP ₹127.00

P/E (5.8) × ROE (16.1%) × BV (₹136.00) × DY (3.30%)

₹194.96Undervalued by 53.51%vs CMP ₹127.00

MoS: +34.9% (Strong)Confidence: 37/100 (Low)Models: 3 Under, 3 Fair, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹130.97	27%	Fair (+3.1%)
Graham Number	Earnings	₹248.93	19%	Under (+96%)
Earnings Power	Earnings	₹138.46	13%	Fair (+9%)
DCF	Cash Flow	₹496.92	13%	Under (+291.3%)
Net Asset Value	Assets	₹129.46	9%	Fair (+1.9%)
EV/EBITDA	Enterprise	₹9.57	11%	Over (-92.5%)
Earnings Yield	Earnings	₹202.50	9%	Under (+59.4%)
Consensus (7 models)		₹194.96	100%	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

Analyst Summary

Canara Bank operates in the Finance - Banks - Public Sector segment, current market price is ₹127.00, market cap is 1,15,469 Cr.. At a glance, stock P/E is 5.81, ROE is 16.1 %, ROCE is 6.52 %, book value is 136, dividend yield is 3.30 %. The latest intrinsic value estimate is ₹194.96, which is about 53.5% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹121,601 Cr versus the prior period change of 10.0%, while latest net profit is about ₹17,692 Cr with a prior-period change of 14.9%. The 52-week range shown on this page is 163/104, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCanara 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.I…

This summary is generated from the stock page data available for Canara Bank: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Canara Bank scores 58/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health62/100 · Moderate

ROCE 6.5% WeakROE 16.1% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money60/100 · Moderate

FII holding up 0.79% (6mo) Slight increasePromoter holding at 62.9% Stable

Earnings Quality50/100 · Moderate

Quarterly Momentum58/100 · Moderate

Profit (4Q): +11% YoY Positive

Industry Rank65/100 · Strong

P/E 5.8 vs industry 8.4 Cheaper than peersROCE 6.5% vs industry 6.0% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 5:19 am

Market Cap	1,15,469 Cr.
Current Price	127
Intrinsic Value	₹194.96
High / Low	163/104
Stock P/E	5.81
Book Value	136
Dividend Yield	3.30 %
ROCE	6.52 %
ROE	16.1 %
Face Value	2.00
PEG Ratio	0.24

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

Stock P/E Current Price Intrinsic Value

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	163/104	5.81	136	3.30 %	6.52 %	16.1 %	2.00
Indian Bank	1,17,246 Cr.	870	1,001/643	9.17	623	2.10 %	6.32 %	15.4 %	10.0
Bank of Baroda	1,24,888 Cr.	242	326/231	5.65	326	3.52 %	5.63 %	12.7 %	2.00
Punjab National Bank	1,33,157 Cr.	116	135/98.5	6.03	136	2.59 %	6.13 %	13.0 %	2.00
IDBI Bank Ltd	94,546 Cr.	87.9	118/61.0	10.2	63.8	2.39 %	5.92 %	14.1 %	10.0
Industry Average	150,215.23 Cr	231.01		8.42	192.43	2.42%	6.01%	14.03%	7.46

All Competitor Stocks of Canara Bank

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	22,561	24,304	25,451	27,290	28,492	29,286	29,173	30,182	30,751	31,496	31,523	32,072	30,938
Interest	13,622	15,292	16,337	17,934	18,620	19,226	19,534	20,427	21,163	21,556	21,992	22,412	22,709
Expenses	10,831	12,253	10,990	10,859	12,001	13,198	12,010	12,066	10,752	12,124	13,141	13,251	4,002
Financing Profit	-1,891	-3,241	-1,876	-1,504	-2,129	-3,138	-2,371	-2,312	-1,165	-2,185	-3,610	-3,591	4,227
Financing Margin %	-8%	-13%	-7%	-6%	-7%	-11%	-8%	-8%	-4%	-7%	-11%	-11%	14%
Other Income	5,777	7,470	6,809	6,602	7,138	8,098	7,793	7,824	6,679	8,761	8,086	9,942	2,152
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	3,886	4,229	4,933	5,098	5,009	4,960	5,422	5,513	5,515	6,576	4,475	6,351	6,379
Tax %	25%	24%	28%	28%	25%	24%	27%	26%	25%	22%	33%	23%	24%
Net Profit	3,058	3,364	3,755	3,829	3,827	3,991	4,098	4,227	4,256	5,111	3,233	4,896	5,174
EPS in Rs	3.34	3.68	4.12	4.19	4.18	4.36	4.48	4.62	4.65	5.59	3.52	5.35	5.79
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

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	39,570	43,813	44,039	41,457	41,345	47,951	49,759	70,253	70,614	85,885	110,519	121,601	126,028
Interest	30,606	34,133	34,263	31,540	29,113	32,339	35,817	45,182	43,035	52,990	72,118	82,681	88,669
Expenses	9,636	10,302	17,785	15,691	25,582	27,202	26,809	43,437	41,235	42,772	46,146	46,082	42,518
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	4,144	4,733	5,266	7,852	7,398	9,907	11,799	23,086	23,643	25,325	28,646	31,057	28,940
Depreciation	230	429	172	331	456	429	446	838	841	1,021	902	870	0
Profit before tax	3,242	3,683	-2,914	1,746	-6,408	-2,111	-1,514	3,882	9,145	14,427	20,000	23,025	23,781
Tax %	20%	22%	-13%	29%	-36%	-126%	34%	30%	37%	25%	26%	25%
Net Profit	2,672	2,931	-2,535	1,411	-3,873	696	-1,921	2,957	6,158	11,345	15,401	17,692	18,415
EPS in Rs	10.37	10.96	-8.73	4.55	-10.78	1.60	-3.86	3.51	6.75	12.41	16.84	19.34	20.25
Dividend Payout %	19%	17%	0%	4%	0%	0%	0%	0%	19%	19%	19%	21%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
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: June 22, 2026, 4:30 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	475	543	597	733	753	1,030	1,647	1,814	1,814	1,814	1,814	1,814
Reserves	32,017	31,867	34,088	36,164	36,936	40,176	60,763	68,147	76,240	90,319	103,603	115,891
Deposits	485,802	479,749	495,266	524,847	599,123	625,408	1,010,985	1,086,341	1,179,086	1,312,242	1,456,495	1,568,333
Borrowing	13,686	26,963	39,592	38,910	41,043	42,762	50,013	46,285	58,073	57,538	89,665	155,288
Other Liabilities	26,578	24,603	26,615	30,781	33,928	32,064	56,132	56,202	65,816	73,104	80,950	45,999
Total Liabilities	558,558	563,725	596,159	631,435	711,783	741,440	1,179,540	1,258,789	1,381,030	1,535,018	1,732,527	1,887,325
Fixed Assets	6,969	7,206	7,185	8,335	8,433	8,323	11,269	11,447	10,334	12,184	10,302	10,595
CWIP	1	0	0	0	0	0	2	2	0	147	0	0
Investments	152,122	152,470	162,073	157,444	168,678	192,645	286,191	311,347	352,893	399,207	428,024	407,389
Other Assets	399,466	404,049	426,901	465,657	534,672	540,472	882,077	935,992	1,017,803	1,123,480	1,294,201	1,469,341
Total Assets	558,558	563,725	596,159	631,435	711,783	741,440	1,179,540	1,258,789	1,381,030	1,535,018	1,732,527	1,887,325

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	6,344	9,346	2,575	-11,120	18,237	-5,289	59,118	919	-39,978	15,046	60,669	7,942
Cash from Investing Activity +	-1,104	-443	-476	-487	-745	-445	-1,116	-1,429	-1,156	-1,750	-2,437	-2,707
Cash from Financing Activity +	-1,464	-806	124	2,865	-1,185	7,792	290	4,035	445	-3,834	-3,506	-4,795
Net Cash Flow	3,776	8,096	2,224	-8,743	16,307	2,059	58,291	3,525	-40,689	9,462	54,725	440
Free Cash Flow	5,530	8,976	2,195	-11,580	17,631	-5,627	58,195	98	-40,591	13,793	61,830	6,652
CFO/OP	24%	41%	17%	-61%	94%	-30%	226%	17%	-83%	28%	86%	12%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	9.00	-475.00	-462.00	-480.00	-499.00	-572.00	-599.00	42.00	40.00	41.00	45.00	45.00

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

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

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
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	10.19%	11.21%	10.57%	11.91%	11.26%	11.10%	10.54%	11.38%	11.89%	14.61%	14.24%	12.68%
DIIs	14.91%	14.29%	14.39%	11.19%	11.65%	11.71%	11.85%	11.41%	12.23%	10.47%	10.91%	11.91%
Public	11.96%	11.55%	12.10%	13.94%	14.17%	14.24%	14.67%	14.27%	12.92%	11.98%	11.93%	12.48%
No. of Shareholders	6,38,401	6,44,770	7,59,083	11,93,267	16,39,363	17,48,708	17,99,432	16,99,715	16,14,081	15,30,698	15,02,130	15,21,088

Shareholding Pattern Chart

No. of Shareholders

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

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HSBC Value Fund	18,046,360	1.83	266.04	22,762,200	2026-02-23 01:18:15	-20.72%
Kotak Multicap Fund	15,346,453	1	226.24	18,381,837	2026-02-23 01:18:15	-16.51%
Edelweiss Mid Cap Fund	11,162,378	1.19	164.56	10,006,121	2026-02-23 01:18:15	11.56%
Bandhan Large & Mid Cap Fund	4,761,515	0.5	70.19	3,461,515	2026-02-23 01:18:15	37.56%
ICICI Prudential Equity Savings Fund	4,414,500	0.36	65.08	N/A	N/A	N/A
Mirae Asset Arbitrage Fund	4,401,000	1.78	64.88	N/A	N/A	N/A
Baroda BNP Paribas Multi Cap Fund	4,000,000	1.93	58.97	N/A	N/A	N/A
Edelweiss Business Cycle Fund	3,432,687	3.19	50.6	3,414,277	2026-02-23 01:18:15	0.54%
Aditya Birla Sun Life Quant Fund	3,345,603	2.31	49.32	N/A	N/A	N/A
ICICI Prudential PSU Equity Fund	3,126,474	2.4	46.09	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
Face Value	2.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	19.34	84.22	62.04	35.04	19.11
Diluted EPS (Rs.)	19.34	84.22	62.04	35.04	19.11
Cash EPS (Rs.)	20.07	86.45	65.20	36.58	21.50
Book Value[Excl.RevalReserv]/Share (Rs.)	109.11	457.60	388.97	338.76	328.68
Book Value[Incl.RevalReserv]/Share (Rs.)	116.22	507.86	430.25	385.65	378.99
Operating Revenue / Share (Rs.)	134.06	609.21	473.42	389.24	426.37
Net Profit / Share (Rs.)	19.11	81.48	59.58	31.94	16.41
Net Profit After MI / Share (Rs.)	19.34	84.22	62.04	33.76	17.55
Net Profit Margin (%)	14.25	13.37	12.58	8.20	3.84
Net Profit After MI And SOA Nargin (%)	14.42	13.82	13.10	8.67	4.11
Operating Profit Margin (%)	24.77	22.04	18.56	11.31	5.57
Return On Assets (%)	1.01	0.99	0.81	0.48	0.24
Return On Equity / Networth (%)	17.72	18.40	15.94	9.96	5.34
Net Interest Margin (X)	2.24	2.50	2.38	2.19	2.12
Cost To Income (%)	54.57	55.68	51.95	54.51	58.34
Interest Income / Total Assets (%)	7.02	7.19	6.21	5.61	5.95
Non-Interest Income / Total Assets (%)	1.79	1.86	1.83	1.87	1.98
Operating Profit / Total Assets (%)	-0.79	-0.90	-1.05	-1.41	-1.75
Operating Expenses / Total Assets (%)	2.20	2.43	2.19	2.22	2.39
Interest Expenses / Total Assets (%)	4.77	4.69	3.83	3.42	3.83
Enterprise Value (Rs.Cr.)	1536859.41	1404064.26	1233726.37	1122278.44	1042953.47
EV Per Net Sales (X)	12.64	12.70	14.36	15.89	14.85
Price To Book Value (X)	0.81	1.27	0.73	0.67	0.46
Price To Sales (X)	0.66	0.95	0.60	0.58	0.35
Retention Ratios (%)	79.31	80.88	80.65	80.74	100.00
Earnings Yield (X)	0.21	0.14	0.21	0.14	0.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

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

As of 09 September 2026, Canara Bank's intrinsic value is ₹194.96, which is 53.51% 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 (16.1 %), book value (₹136), dividend yield (3.30 %), 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 09 September 2026, with a FY2026-2027 high of ₹163 and low of ₹104. 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 5.81, which is below the industry average of 8.42. This is broadly in line with or below the industry average.

Is Canara Bank financially healthy?

Key indicators for Canara Bank: ROCE of 6.52 % is on the lower side compared to the industry average of 6.01%; ROE of 16.1 % shows strong shareholder returns. Dividend yield is 3.30 %.

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 3.30 % at the current price of ₹127.00. This is a relatively attractive yield for income-seeking investors.