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Canara Bank P/E Ratio

Canara Bank P/E Ratio

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₹ 5.4 Cr

Volume transacted

stocks purchased

471.4 K

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Canara Bank

NSE: CANBK

PE

6.5

Last updated : 18 May 13:30 PM

Key Highlights

    The P/E Ratio of Canara Bank is 6.5 as of 18 May 13:30 PM .a1#The P/E Ratio of Canara Bank changed from 36.5 on March 2019 to 4.6 on March 2023 . This represents a CAGR of -33.92% over 5 years. a1#The Latest Trading Price of Canara Bank is ₹ 114.5 as of 18 May 15:30 .a1#The PE Ratio of Banks Industry has changed from 413.8 to 13.7 in 5 years. This represents a CAGR of -49.42%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Banks industry is 13.7. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Canara Bank changed from ₹ 21990 crore on March 2019 to ₹ 51612 crore on March 2023 . This represents a CAGR of 18.60% over 5 years. a1#The Revenue of Canara Bank changed from ₹ 23739 crore to ₹ 37384 crore over 8 quarters. This represents a CAGR of 25.49% a1#The EBITDA of Canara Bank changed from ₹ 14356 crore to ₹ 24186 crore over 8 quarters. This represents a CAGR of 29.79% a1#The Net Profit of Canara Bank changed from ₹ 2058 crore to ₹ 3793 crore over 8 quarters. This represents a CAGR of 35.75% a1#The Dividend Payout of Canara Bank changed from 20.77 % on March 2019 to 20.53 % on March 2023 . This represents a CAGR of -0.58% over 2 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1936.5
Mar '200
Mar '218.7
Mar '226.7
Mar '234.6

Fundamental Metrics

Market Cap

103,224 Cr

EPS

84.2

P/E Ratio (TTM) *

6.5

P/B Ratio (TTM) *

1.2

Day’s High

114.9

Day’s Low

114.05

DTE *

NaN

ROE *

16.0

52 Week High

126.53

52 Week Low

58.26

ROCE *

1.6

* All values are consolidated

* All values are consolidated

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Canara Bank

NSE: CANBK

PRICE

114.5

0.70(0.62%)

stock direction

Last updated : 18 May 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Canara Bank

Strength

2

S

Weakness

0

W

Opportunity

1

O

Threats

1

T

BlinkX Score for Canara Bank

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

99,623

-0.5 X

Value addition

Asset Value

1,86,874

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

15,278 Cr

6.5 X

PE Ratio

Market Cap

₹99622Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

15,278 Cr

6.5 X

PE Ratio

Market Cap

₹99622Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Banks Industry over time

PE Ratio of Top Sectors

Canara Bank PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Canara Bank, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Canara Bank's Share Price stands at 114.5. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 84.22. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 114.5/ 84.22= 6.52.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Canara Bank's stock is trading at approximately 6.52 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Canara Bank’s PE Ratio (BSE: CANBK)

    The Price-to-Earnings (PE) ratio, used to assess Canara Bank's stock (BSE: CANBK), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '1921991
Mar '209313
Mar '2125072
Mar '2241290
Mar '2351612

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '2223739
Sep '2227358
Dec '2228338
Mar '2231774
Jun '2332259
Sep '2333891
Dec '2335630
Mar '2337384

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2214357
Sep '2216032
Dec '2217507
Mar '2219521
Jun '2321270
Sep '2323032
Dec '2323629
Mar '2324186

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '222058
Sep '222593
Dec '222923
Mar '223233
Jun '233574
Sep '233677
Dec '233738
Mar '233793

* All values are a in crore

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '190
Mar '200
Mar '210
Mar '2221
Mar '2321

* All values are a in %

About Canara Bank

About Canara Bank

    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. During the year 1995-96, they became the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore. The bank Secured 1st position in Digital Score Card among all PSBs published by Ministry of Electronics and Information Technology (MeitY) as on 31.12.2018. During the FY2020, the total Deposits increased to Rs 625351 crore as compared to Rs 599033 crore in the previous year, with a y.o.y growth of 4.39%. As at March 2020, the Bank had 6334 domestic branches, including Specialized Branches and 5 overseas branches. Total Deposits grew by 8.54% y-o-y from Rs 10,86,409 crore as on March 2022 to Rs 11,79,219 crore as on March 2023.

Canara Bank News Hub

News

Canara Bank soars 2.89%, Gains for third straight session

Canara Bank is up for a third straight session in a row. The stock is quoting at Rs 565.25...

Read more

14 May 2024 13:05

News

Canara Bank drops for fifth straight session

Canara Bank fell for a fifth straight session today. The stock is quoting at Rs 551.7, dow...

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09 May 2024 13:35

News

Board of Canara Bank recommends Final Dividend

Canara Bank announced that the Board of Directors of the Company at its meeting held on 08...

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08 May 2024 13:43

News

Canara Bank Q4 PAT grows 18% YoY to Rs 3,757 cr

Net interest income grew by 11.18% to Rs 9,580 crore in Q4 FY24 as against Rs 8,617 crore ...

Read more

08 May 2024 15:20

News

Canara Bank to conduct AGM

Canara Bank announced that the 22th Annual General Meeting(AGM) of the bank will be held o...

Read more

08 May 2024 15:36

News

Canara Bank gains for fifth session

Canara Bank is up for a fifth straight session in a row. The stock is quoting at Rs 626.5,...

Read more

02 May 2024 13:00

Product Composition by Percentage (Revenue)

FAQs for PE of Canara Bank

What is Canara Bank current share price?

The current market price of Canara Bank as of May 18, 2024 is ₹114.50.

Is Canara Bank a good investment?

As per BlinkX Score Canara Bank scores 70 in Revenue, 5 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Canara Bank's total net assets?

According to Canara Bank's most recent financial filings, the company's net assets total ₹186873.8 Cr.

Is Canara Bank making a profit or loss?

Canara Bank's net Profit as of May 18, 2024 is close to ₹15,278 Cr.
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