Canara BankNSE:CANBK +0.43%69 Pretax Margin % is 38.88% as of Mar. 2026, which is 161% above its 10-year median of 14.91. GuruFocus rates NSE:CANBK with a GF Score™ of 69/100 and a GF Value™ of ₹98.86 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, Canara Bank ranks better than 59.29% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canara Bank's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹56,438 Mil. Canara Bank's Revenue for the
three
months ended in Mar. 2026 was ₹145,143 Mil. Therefore, Canara Bank's pretax margin for the quarter that ended in Mar. 2026 was 38.88%.
The historical rank and industry rank for Canara Bank's Pretax Margin % or its related term are showing as below:
NSE:CANBK'
s Pretax Margin % Range Over the Past 10 Years
Min: -35.09 Med: 14.91 Max: 42.3
Current: 38.6
NSE:CANBK's Pretax Margin % is ranked better than 59.29% of 1528
companies
in the Banks industry
Industry Median: 34.665
vs NSE:CANBK: 38.60
Canara Bank (NSE:CANBK) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Canara Bank Pretax Margin % Related Terms
Canara Bank Pretax Margin % Historical Data
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The historical data trend for Canara Bank's Pretax 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 Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Canara Bank's Pretax 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 Pretax Margin % of 38.88% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canara Bank and its competitors. This is 161% above median its historical median of 14.91. According to the industry distribution chart, Canara Bank ranks #622 out of 1528 companies in the Banks industry, placing it in the top 40.7%.
Is Canara Bank's Pretax Margin % too high?
Canara Bank's current Pretax Margin % of 38.88% is 161% above median its 10-year median of 14.91. The Banks industry median Pretax Margin % is 34.67. Canara Bank's value of 38.88% is 12.2% above this industry median. Based on the distribution chart, Canara Bank ranks #622 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, Canara Bank has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #622 out of 1528 companies for Pretax Margin %. This puts Canara Bank in the upper half of its industry. The industry median Pretax Margin % is 34.67. Canara Bank's value of 38.88% is 12.2% above this benchmark. While the company's 10-year median is 14.91 vs. the industry median of 34.67, 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 Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.67, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canara Bank's current Pretax Margin % of 38.88% is 12.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canara Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canara Bank's current Pretax Margin % is 38.88%, which is 161% above median its own 10-year median of 14.91. 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 Modestly Overvalued. The stock's GF Value™ is ₹98.86, compared to a current price of ₹127.19 — trading 28.7% above its estimated fair value. The current Pretax Margin % is 38.88%, which is 161% above median its 10-year median of 14.91 and 12.2% above the Banks industry median of 34.67. Canara Bank's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current Pretax Margin % is 38.88% 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 ₹127.19 is trading 28.7% above its estimated GF Value™ of ₹98.86.
GuruFocus considers Canara Bank to be Modestly Overvalued.
Key valuation signals for NSE:CANBK:
Pretax Margin %: 38.88% (161% above median its 10-year median of 14.91)
GF Value™: ₹98.86 vs. price of ₹127.19 (28.7% above fair value)
Industry Position: 12.2% above the Banks median (#622 of 1528)
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.
69GF Score
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