Canara Bank Ltd
BSE:532483
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| 52 Week Range |
80.91
159
|
| Price Target |
|
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Relative Value
The Relative Value of one
CANBK
stock under the Base Case scenario is
160.86
INR.
Compared to the current market price of 159 INR,
Canara Bank Ltd
is
Undervalued by 1%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Multiples Across Competitors
CANBK Competitors Multiples
Canara Bank Ltd Competitors
| Market Cap | P/S | P/E | P/B | ||||
|---|---|---|---|---|---|---|---|
| IN |
|
Canara Bank Ltd
BSE:532483
|
1.4T INR | 1.8 | 7.8 | 1.2 | |
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
807.8B USD | 4.4 | 14.6 | 2.2 | |
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.6T CNY | 3 | 7.3 | 0.6 | |
| US |
|
Bank of America Corp
NYSE:BAC
|
370.9B USD | 3.3 | 12.9 | 1.2 | |
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
2.3T CNY | 3.2 | 8.7 | 0.8 | |
| CN |
|
China Construction Bank Corp
SSE:601939
|
2.3T CNY | 3 | 7 | 0.6 | |
| UK |
|
HSBC Holdings PLC
LSE:HSBA
|
219.9B GBP | 2.8 | 13.2 | 1.6 | |
| US |
|
Wells Fargo & Co
NYSE:WFC
|
269.2B USD | 3.3 | 13.4 | 1.5 | |
| CA |
|
Royal Bank of Canada
TSX:RY
|
316.3B CAD | 4.7 | 15.9 | 2.3 | |
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY | 2.4 | 7.1 | 0.5 | |
| JP |
|
Mitsubishi UFJ Financial Group Inc
TSE:8306
|
31.6T JPY | 3.8 | 16.7 | 1.5 |
