CANARA BANK Valuation
CANBK · Financial Services · Current price ₹126.41
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.
Valuation multiples
CANARA BANK trades at a P/E of 6.4x and a P/B of 1.0x, with a dividend yield of 3.3%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
Understand the ratios
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.