INDIAN BANK Valuation
INDIANB · Financial Services · Current price ₹876.1
Is INDIAN BANK undervalued?
DocStoX estimates the fair value of INDIAN BANK at ₹738 per share, versus the current market price of ₹876. That puts the stock about -15.8% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Excess-return (book value) (₹617), Relative P/E (₹856), Analyst target (₹1,001). 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 ₹617 (bear) to ₹738 (base) to ₹1,001 (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
INDIAN BANK trades at a P/E of 10.1x and a P/B of 1.4x, with a dividend yield of 2.1%. 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 INDIAN 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.

