Indian Overseas BankNSE:IOB -1.22%62 Net Margin % is 32.69% as of Mar. 2026, which is 199% above its 10-year median of 10.95. GuruFocus rates NSE:IOB with a GF Score™ of 62/100 and a GF Value™ of ₹48.00 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Indian Overseas Bank ranks better than 59.59% on this metric.
The historical rank and industry rank for Indian Overseas Bank's Net Margin % or its related term are showing as below:
NSE:IOB'
s Net Margin % Range Over the Past 10 Years
Min: -104.38 Med: 10.95 Max: 29.76
Current: 29.76
NSE:IOB's Net Margin % is ranked better than 59.59% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs NSE:IOB: 29.76
Indian Overseas Bank (NSE:IOB) 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.
Indian Overseas Bank Net Margin % Related Terms
Indian Overseas Bank Net Margin % Historical Data
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The historical data trend for Indian Overseas 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.
Indian Overseas Bank Net Margin % Competitor Comparison
For the Banks - Regional subindustry, Indian Overseas 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.
Indian Overseas Bank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Indian Overseas Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where Indian Overseas 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.
Indian Overseas Bank (NSE:IOB) has a Net Margin % of 32.69% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Indian Overseas Bank and its competitors. This is 199% above median its historical median of 10.95. According to the industry distribution chart, Indian Overseas Bank ranks #617 out of 1527 companies in the Banks industry, placing it in the top 40.4%.
Is Indian Overseas Bank's Net Margin % too high?
Indian Overseas Bank's current Net Margin % of 32.69% is 199% above median its 10-year median of 10.95. The Banks industry median Net Margin % is 26.95. Indian Overseas Bank's value of 32.69% is 21.3% above this industry median. Based on the distribution chart, Indian Overseas Bank ranks #617 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Indian Overseas Bank has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Overseas Bank's Net Margin % compare to competitors?
According to the Banks industry distribution chart, Indian Overseas Bank ranks #617 out of 1527 companies for Net Margin %. This puts Indian Overseas Bank in the upper half of its industry. The industry median Net Margin % is 26.95. Indian Overseas Bank's value of 32.69% is 21.3% above this benchmark. While the company's 10-year median is 10.95 vs. the industry median of 26.95, Indian Overseas 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 26.95, based on 1,527 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. Indian Overseas Bank's current Net Margin % of 32.69% is 21.3% 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 Indian Overseas Bank and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Overseas Bank's current Net Margin % is 32.69%, which is 199% above median its own 10-year median of 10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Overseas Bank stock overvalued right now?
Based on GuruFocus' analysis, Indian Overseas Bank (NSE:IOB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹48.00, compared to a current price of ₹34.95 — trading 27.2% below its estimated fair value. The current Net Margin % is 32.69%, which is 199% above median its 10-year median of 10.95 and 21.3% above the Banks industry median of 26.95. Indian Overseas Bank's overall GF Score™ is 62/100 with 2 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 Indian Overseas Bank (NSE:IOB), the current Net Margin % is 32.69% 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 Indian Overseas Bank (NSE:IOB) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Overseas Bank stock appears to be undervalued.
The current stock price of ₹34.95 is trading 27.2% below its estimated GF Value™ of ₹48.00.
GuruFocus considers Indian Overseas Bank to be Modestly Undervalued.
Key valuation signals for NSE:IOB:
Net Margin %: 32.69% (199% above median its 10-year median of 10.95)
GF Value™: ₹48.00 vs. price of ₹34.95 (27.2% below fair value)
Industry Position: 21.3% above the Banks median (#617 of 1527)
No single metric tells the full story. See the NSE:IOB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Overseas Bank is engaged in the banking sector. The bank is based in India and has branches in several Asian countries. The bank's business segments are Treasury Segment includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate/Wholesale Banking segment comprises the lending activities of borrowers having exposure of seven Crores and above; Retail Banking include exposures which fulfil the four criteria of orientation, product, granularity, and low value of individual exposures for retail exposures; Digital Banking Segment as a sub-segment of Retail Banking Segment; and Other Banking Operations Segments which are not covered above. Majority of income comes from Retail Banking. It generates majority of income from Domestic.
62GF 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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