Canara BankNSE:CANBK -0.92%63 Net Margin % is 31.52% as of Mar. 2026, which is 217% above its 10-year median of 9.94. GuruFocus rates NSE:CANBK with a GF Score™ of 63/100 and a GF Value™ of ₹98.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,530 Banks companies, Canara Bank ranks better than 54.25% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Canara Bank's Net Income for the
three
months ended in Mar. 2026 was ₹45,742 Mil. Canara Bank's Revenue for the
three
months ended in Mar. 2026 was ₹145,143 Mil. Therefore, Canara Bank's net margin for the quarter that ended in Mar. 2026 was 31.52%.
The historical rank and industry rank for Canara Bank's Net Margin % or its related term are showing as below:
NSE:CANBK'
s Net Margin % Range Over the Past 10 Years
Min: -21.64 Med: 9.94 Max: 30.71
Current: 27.95
NSE:CANBK's Net Margin % is ranked better than 54.25% of 1530
companies
in the Banks industry
Industry Median: 26.845
vs NSE:CANBK: 27.95
Canara Bank (NSE:CANBK) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Canara Bank Net Margin % Related Terms
Canara Bank Net Margin % Historical Data
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The historical data trend for Canara Bank's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Canara Bank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canara Bank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where Canara Bank's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canara Bank (NSE:CANBK) has a Net Margin % of 31.52% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Canara Bank and its competitors. This is 217% above median its historical median of 9.94. According to the industry distribution chart, Canara Bank ranks #700 out of 1530 companies in the Banks industry, placing it in the top 45.8%.
Is Canara Bank's Net Margin % too high?
Canara Bank's current Net Margin % of 31.52% is 217% above median its 10-year median of 9.94. The Banks industry median Net Margin % is 26.85. Canara Bank's value of 31.52% is 17.4% above this industry median. Based on the distribution chart, Canara Bank ranks #700 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, Canara Bank has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's Net Margin % compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #700 out of 1530 companies for Net Margin %. This puts Canara Bank in the upper half of its industry. The industry median Net Margin % is 26.85. Canara Bank's value of 31.52% is 17.4% above this benchmark. While the company's 10-year median is 9.94 vs. the industry median of 26.85, Canara Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.85, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canara Bank's current Net Margin % of 31.52% is 17.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Canara Bank and its competitors. For the Banks industry, the median Net Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canara Bank's current Net Margin % is 31.52%, which is 217% above median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canara Bank stock overvalued right now?
Based on GuruFocus' analysis, Canara Bank (NSE:CANBK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹98.85, compared to a current price of ₹128.95 — trading 30.5% above its estimated fair value. The current Net Margin % is 31.52%, which is 217% above median its 10-year median of 9.94 and 17.4% above the Banks industry median of 26.85. Canara Bank's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current Net Margin % is 31.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canara Bank (NSE:CANBK) Overvalued in 2026?
Based on GuruFocus' analysis, Canara Bank stock appears to be overvalued.
The current stock price of ₹128.95 is trading 30.5% above its estimated GF Value™ of ₹98.85.
GuruFocus considers Canara Bank to be Significantly Overvalued.
Key valuation signals for NSE:CANBK:
Net Margin %: 31.52% (217% above median its 10-year median of 9.94)
GF Value™: ₹98.85 vs. price of ₹128.95 (30.5% above fair value)
Industry Position: 17.4% above the Banks median (#700 of 1530)
No single metric tells the full story. See the NSE:CANBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canara Bank is an India-based commercial bank. The Bank's core business activities are closely aligned with national development priorities, with focus on financing agriculture, education, housing, social infrastructure, renewable energy, microfinance and extending credit support to vulnerable sections. Its core segments are Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Business. The bank generates majority of revenue from Retail Banking include conventional deposit products such as savings, current and term deposit accounts, along with investment solutions through mutual funds and insurance offerings. The bank has presence in India and also Has international presence of which majority of revenue comes from India.
63GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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