Canara Bank stock trades around ₹113 with low P/E (~6×) and strong dividend yield (3.5%). Get the latest share price, financial insights, analyst targets, and whether it’s a value buy now.
📈 Canara Bank Share Price Today: Value-Packed Opportunity
Canara Bank (NSE: CANBK) is currently trading around ₹113, reflecting modest movement amid PSU banking sentiment. While large private peers dominate headlines, Canara Bank is quietly gaining investor attention for its solid financials and attractive valuation 📊.
📊 Current Price & Performance Snapshot
- Latest Share Price: ~₹113.50 (Down ~0.8% intraday) Reddit+15ICICI Direct+15Reddit+15Samco+3The Financial Express+3Reddit+3
- 52‑Week Range: ₹78.60 (low) – ₹119.30 (high) The Financial Express+3ICICI Direct+3Samco+3
- 1-Year Return: Flat to slightly positive (~0.9%) Simply Wall StMarketsMojo
- 3-Month Return: ~22% gain Moneycontrol+15Simply Wall St+15MarketsMojo+15
💼 Fundamentals & Valuation Metrics
- P/E Ratio: ~5.9× – very low compared to industry averages (~11×) INDmoneyICICI Direct
- P/B Ratio: ~0.9× – trading below book value ICICI Direct
- EPS (TTM): approx. ₹18.10 The Financial Express+15Business Standard+15MarketsMojo+15
- Dividend Yield: ~3.5% — recent ₹4 dividend per share Business Standard+6MarketsMojo+6Reddit+6
- Market Cap: ₹1.03–1.05 lakh crore as of mid‑July 2025 MarketsMojoICICI Direct
📉 Financial Strength & Growth Signals
In FY2025:
- Total Income: ₹40,256 Cr – growth of ~7.6% YoY
- Net Profit (PAT): ₹5,070 Cr – 20% YoY growth, with net profit margin ~12.6% Reddit+1The Economic Times+1
- Gross NPA: 2.94%, Net NPA: 0.70% — improving asset quality Reddit+2MarketsMojo+2The Economic Times+2
- Advances (Loans): ₹10.49 lakh Cr (+12.6% YoY), higher than five‑year CAGR The Economic Times
Return on Assets (ROA) stands at ~1.01%, Capital Adequacy Ratio (CAR) at 14.37% — reflecting prudent capital buffer Reddit+15MarketsMojo+15The Economic Times+15.
📈 Analyst Views & Target Price
Most analysts maintain a Buy rating:
- Emkay Global (May 2025): Reco ~₹95 → Target ₹120 Reddit+6Moneycontrol+6Moneycontrol+6
- Motilal Oswal (Jan 2025): Multiple buys → Target ₹115–125 Business Standard+3Moneycontrol+3Moneycontrol+3
INDmoney-S&P consensus: 70% analysts recommend “Buy”, average target ₹113.25; upside modest ~1%–2% over current price INDmoney. Some market forecasters project a rise to ₹127 by July or ₹130‑₹150 by year-end if growth sustains TechieSK.
Upside Potential vs Risks
✅ Positives:
- Undervalued stock trading below book value
- Rising profits and improving asset quality
- Healthy dividend yield and consistent capital adequacy
⚠️ Risks:
- High debt-to-equity ratio (~14.9×) may amplify costs if rates rise RedditMarketsMojo+3Reddit+3Reddit+3
- Sluggish cash flow conversion (<20%) could indicate inefficiencies Samco
- Vulnerable to credit cycles and interest rate volatility
FAQs
Q1: Is Canara Bank a good long-term buy?
Yes, for value investors looking for stable PSU exposure—low P/E (~6×), high dividend yield (~3.5%), and improving asset quality make it attractive. Business StandardMarketsMojo
Q2: What is Canara Bank’s P/E and P/B ratio?
P/E ~5.9×; P/B ~0.9× — both indicating deep value relative to peers. ICICI Direct
Q3: When is the next dividend & theme of AGM?
Last dividend was ₹4/share with ex-dividend date in June 2025; next AGM likely in early FY26, with dividend payout in late July. MarketsMojo
Q4: Can it reach ₹150 in price?
If earnings and growth sustain, long-term targets from ₹130 up to ₹150 by year-end are plausible (based on valuation upgrades and analyst forecasts). TechieSK
✅ Final Take
Canara Bank shares offer a strong value play for patient investors. With improving fundamentals, stable payouts, and undervalued metrics, ₹113 is a good entry point. Short-term upside may be modest, but medium‑term prospects look promising if the loan book continues growing and asset quality holds steady.
⚠️ Disclaimer
This blog is for educational purposes and not financial advice. Investment decisions should be made after consulting a SEBI‑registered advisor.
