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Karnataka BankNSE:KTKBANK -1.80%53 PB Ratio is 0.79 as of Jul. 22, 2026, which is 34% above its 10-year median of 0.59. GuruFocus rates NSE:KTKBANK with a GF Score™ of 53/100 and a GF Value™ of ₹196.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,510 Banks companies, Karnataka Bank ranks better than 73.38% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), Karnataka Bank's share price is ₹276.25. Karnataka Bank's Book Value per Share for the quarter that ended in Mar. 2026 was ₹349.68. Hence, Karnataka Bank's PB Ratio of today is 0.79.
Warning Sign:
Karnataka Bank Ltd stock PB Ratio (=0.78) is close to 2-year high of 0.79.
The historical rank and industry rank for Karnataka Bank's PB Ratio or its related term are showing as below:
NSE:KTKBANK'
s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.59 Max: 0.97
Current: 0.8
During the past 13 years, Karnataka Bank's highest PB Ratio was 0.97. The lowest was 0.18. And the median was 0.59.
NSE:KTKBANK's PB Ratio is ranked better than 73.38% of 1510
companies
in the Banks industry
Industry Median: 1.12
vs NSE:KTKBANK: 0.80
During the past 12 months, Karnataka Bank's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Karnataka Bank was 12.00% per year. The lowest was 5.10% per year. And the median was 9.05% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Karnataka Bank PB Ratio Related Terms
Karnataka Bank PB Ratio Historical Data
* Premium members only.
The historical data trend for Karnataka Bank's PB Ratio 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, Karnataka Bank's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Karnataka Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Karnataka Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where Karnataka Bank's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Karnataka Bank's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Karnataka Bank (NSE:KTKBANK) has a PB Ratio of 0.79 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Karnataka Bank and its competitors. This is 34% above median its historical median of 0.59. Over the past decade, Karnataka Bank's PB Ratio has ranged from 0.18 to 0.97. According to the industry distribution chart, Karnataka Bank ranks #402 out of 1510 companies in the Banks industry, placing it in the top 26.6%.
Is Karnataka Bank's PB Ratio too high?
Karnataka Bank's current PB Ratio of 0.79 is 34% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.97. The Banks industry median PB Ratio is 1.12. Karnataka Bank's value of 0.79 is 29.5% below this industry median. Based on the distribution chart, Karnataka Bank ranks #402 out of 1510 companies in the Banks industry, which is above the industry midpoint. Overall, Karnataka Bank has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karnataka Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Karnataka Bank ranks #402 out of 1510 companies for PB Ratio. This puts Karnataka Bank in the upper half of its industry. The industry median PB Ratio is 1.12. Karnataka Bank's value of 0.79 is 29.5% below this benchmark. Historically, Karnataka Bank's own PB Ratio has ranged from 0.18 to 0.97 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.12, Karnataka Bank has consistently been below 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,510 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karnataka Bank's current PB Ratio of 0.79 is 29.5% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Karnataka Bank and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnataka Bank's current PB Ratio is 0.79, which is 34% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnataka Bank stock overvalued right now?
Based on GuruFocus' analysis, Karnataka Bank (NSE:KTKBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹196.40, compared to a current price of ₹276.25 — trading 40.7% above its estimated fair value. The current PB Ratio is 0.79, which is 34% above median its 10-year median of 0.59 and 29.5% below the Banks industry median of 1.12. Karnataka Bank's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Karnataka Bank (NSE:KTKBANK), the current PB Ratio is 0.79 as of Jul. 22, 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 Karnataka Bank (NSE:KTKBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Karnataka Bank stock appears to be overvalued.
The current stock price of ₹276.25 is trading 40.7% above its estimated GF Value™ of ₹196.40.
GuruFocus considers Karnataka Bank to be Significantly Overvalued.
Key valuation signals for NSE:KTKBANK:
PB Ratio: 0.79 (34% above median its 10-year median of 0.59)
GF Value™: ₹196.40 vs. price of ₹276.25 (40.7% above fair value)
Industry Position: 29.5% below the Banks median (#402 of 1510)
No single metric tells the full story. See the NSE:KTKBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnataka Bank Ltd is an Indian banking company. Its operating segment includes Treasury operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It generates maximum revenue from the Retail Banking segment. Geographically, it operates only in India. The company's products and services include savings accounts, certificates of deposits, cash management accounts, money market accounts, loans and advances, and others.
53GF Score
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