CANARA BANK Fair Value
CANBK · Financial Services · Current price ₹126.41
| Method | Fair value | Status |
|---|---|---|
| Excess-return (book value) | ₹136 | 16% ROE fading to 13% over ~3 yrs, on ₹130 book |
| Relative P/E | ₹194 | EPS × 9.8 peer-median P/E |
| Graham floor | — | Not meaningful for financials |
| Analyst target | ₹150 | Street consensus 12-month target price |
Is CANARA BANK undervalued?
DocStoX estimates the fair value of CANARA BANK at ₹152 per share, versus the current market price of ₹126. That puts the stock about +19.8% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Excess-return (book value) (₹136), Relative P/E (₹194), Analyst target (₹150). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹129 (bear) to ₹152 (base) to ₹194 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on CANARA BANK
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.