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Canara Bank PE Ratio

Canara Bank PE Ratio

stocks purchased

₹ 14.6 Cr

Volume Transacted

(Nov 21, 2024)

stocks purchased

1540.9 K

Stocks Traded

(Nov 21, 2024)

Last Updated on: Nov 21, 2024

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Canara Bank

NSE: CANBK

PE

5.4

Last updated on: Nov 21, 2024

Key Highlights

  • The P/E Ratio of Canara Bank is 5.4 as of 21 Nov 9.00 AM .
  • The P/E Ratio of Canara Bank changed from 36.5 on March 2019 to 6.9 on March 2024 . This represents a CAGR of -24.24% over 6 years.
  • The Latest Trading Price of Canara Bank is ₹ 94.5 as of 21 Nov 15:30 .
  • The PE Ratio of Banks Industry has changed from 413.8 to 13.7 in 5 years. This represents a CAGR of -49.42%.
  • The PE Ratio of Automobile industry is 20.2. The PE Ratio of Banks industry is 13.7. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Canara Bank

No data available

Company Fundamentals for Canara Bank

No data available

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Canara Bank

NSE: CANBK

Share Price

₹ 94.5

-3.25 (-3.32%)

stock direction

Last updated on: Nov 21, 2024

Market Price of Canara Bank

1M

1Y

3Y

5Y

Monitoring Canara Bank share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Nov 202494.5
19 Nov 202497.75
18 Nov 202498.1
14 Nov 202497.45
13 Nov 202498.35
12 Nov 2024101.45
11 Nov 2024103.9
08 Nov 2024103.7
07 Nov 2024105.05
06 Nov 2024105.3

SWOT Analysis Of Canara Bank

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Canara Bank

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Canara Bank

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Canara Bank585,717
HDFC Bank Ltd1913,31,361
ICICI Bank Ltd188,82,040
State Bank of India96,96,879
Axis Bank Ltd123,52,473
Kotak Mahindra Bank Ltd183,45,334

Key Valuation Metric of Canara Bank

No data available

No data available

PE Ratio of Banks Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Canara Bank

No data available

* All values are in crore

Historical Revenue of Canara Bank

No data available

* All values are in crore

Historical EBITDA of Canara Bank

No data available

* All values are in crore

Historical Net Profit of Canara Bank

No data available

* All values are in crore

Historical Dividend Payout of Canara Bank

No data available

* All values are in %

About Canara Bank

  • Canara Bank is a state-owned commercial bank with headquarters in Bangalore.
  • The Bank provides a range of products and services to the customers.
  • Across the borders, the Bank has 8 branches, one each at London, Leicester, Hong Kong, Shanghai, Manama, Johannesburg, New York and DIFC (Dubai) & a Representative Office at Sharjah, UAE. Canara Bank was incorporated on July 1, 1906 with the name Canara Hindu Permanent Fund Ltd. In the year 1910, the name of the Bank was changed from Canara Hindu Permanent Fund Ltd to Canara Bank Ltd. In July 19, 1969, the Bank was nationalized along with 14 major banks in the country.
  • In the year 1976, they inaugurated their 1000th branch. In the year 1983, the Bank inaugurated an overseas branch at London.
  • In the year 1984, Laksmi Commercial Bank Ltd was amalgamated with the Bank.

Canara Bank News Hub

News

Canara Bank rises for third consecutive session

Canara Bank gained for a third straight session today. The stock is quoting at Rs 111.44, ...

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2024-08-20 00:00:00

News

Canara Bank receives affirmation in credit ratings from India Ratings and Research

India Ratings and Research (Ind-Ra) has affirmed Canara Bank's Long-Term Issuer Rating at ...

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2024-08-16 00:00:00

News

Canara Bank revises MCLRs

Canara Bank has revised the Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps acro...

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2024-08-09 00:00:00

News

Canara Bank announces change in management

Canara Bank has appointed Prabhat Kiran, General Manager as Functional Head of Large Corpo...

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2024-08-01 00:00:00

News

Canara Bank receives expected ratings for senior notes from Fitch Ratings

Fitch Ratings has assigned Canara Bank's (BBB-/Stable) proposed senior unsecured notes an ...

Read more

2024-08-30 00:00:00

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Canara Bank

What is the current PE Ratio of Canara Bank?

The Current PE Ratio of Canara Bank is 5.36 as on 21 Nov 2024.

What is the average PE Ratio of the Banks industry?

The average industry PE Ratio of Banks is 13.7 as on 21 Nov 2024.

What was the PE Ratio of Canara Bank last year?

The PE Ratio of Canara Bank was 4.59 last year, now the PE ratio is 5.36, showing a year-on-year growth of 16.8%.

What does the PE Ratio of Canara Bank indicate about its stock?

The PE Ratio of Canara Bank is 5.36. This ratio indicates that investors are willing to pay 5.36 times the earnings per share for each share of Canara Bank.

What is the PE Ratio Growth of Canara Bank in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Canara Bank grew by 16.8% whereas, the EPS ratio grew by 3.1.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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