Canara Bank (NSE:CANBK) PS Ratio: 1.77 (As of Jul. 20, 2026) — 77% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CANBK Canara Bank NSE:CANBK
64 GF Score
Price ₹125.01
GF Value ₹98.61
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Canara Bank PS Ratio?

Canara Bank NSE:CANBK -0.71% 64 PS Ratio is 1.77 as of Jul. 20, 2026, which is 77% above its 10-year median of 1.00. GuruFocus rates NSE:CANBK with a GF Score™ of 64/100 and a GF Value™ of ₹98.61 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,514 Banks companies, Canara Bank ranks better than 78.93% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Canara Bank's share price is ₹125.01. Canara Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.48. Hence, Canara Bank's PS Ratio for today is 1.77.

The historical rank and industry rank for Canara Bank's PS Ratio or its related term are showing as below:

NSE:CANBK' s PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1   Max: 3.22
Current: 1.77

During the past 13 years, Canara Bank's highest PS Ratio was 3.22. The lowest was 0.24. And the median was 1.00.

NSE:CANBK's PS Ratio is ranked better than
78.93% of 1514 companies
in the Banks industry
Industry Median: 3.03 vs NSE:CANBK: 1.77

Canara Bank's Revenue per Sharefor the three months ended in Mar. 2026 was ₹15.99. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.48.

Warning Sign:

Canara Bank revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Canara Bank was -9.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.00% per year.

During the past 13 years, Canara Bank's highest 3-Year average Revenue per Share Growth Rate was 20.50% per year. The lowest was -6.10% per year. And the median was 5.05% per year.

Back to Basics: PS Ratio


Canara Bank  (NSE:CANBK) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Canara Bank PS Ratio Related Terms


Canara Bank PS Ratio Historical Data

* Premium members only.

The historical data trend for Canara Bank's PS 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.

Canara Bank PS Ratio Chart

Canara Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.93 1.59 1.13 1.75

Canara Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.44 1.52 2.06 1.75

Canara Bank PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Canara Bank's PS Ratio, along with its competitors' market caps and PS 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.


Canara Bank PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Canara Bank's PS Ratio distribution charts can be found below:

* The bar in red indicates where Canara Bank's PS Ratio falls into.


NSE:CANBK
64GF Score
Canara Bank NSE:CANBK
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canara Bank PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Canara Bank's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=125.01/70.482
=1.77

Canara Bank's Share Price of today is ₹125.01.
Canara Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹70.48.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 1.77 mean?
Canara Bank (NSE:CANBK) has a PS Ratio of 1.77 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Canara Bank and its competitors. This is 77% above median its historical median of 1.00. Over the past decade, Canara Bank's PS Ratio has ranged from 0.24 to 3.22. According to the industry distribution chart, Canara Bank ranks #319 out of 1514 companies in the Banks industry, placing it in the top 21.1%.
Is Canara Bank's PS Ratio too high?
Canara Bank's current PS Ratio of 1.77 is 77% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 3.22. The Banks industry median PS Ratio is 3.03. Canara Bank's value of 1.77 is 41.6% below this industry median. Based on the distribution chart, Canara Bank ranks #319 out of 1514 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Canara Bank has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's PS Ratio compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #319 out of 1514 companies for PS Ratio. This places Canara Bank in the top 21% of its industry — outperforming the majority of peers. The industry median PS Ratio is 3.03. Canara Bank's value of 1.77 is 41.6% below this benchmark. Historically, Canara Bank's own PS Ratio has ranged from 0.24 to 3.22 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 3.03, Canara 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 PS Ratio for a Banks company?
The median PS Ratio among Banks companies is 3.03, based on 1,514 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canara Bank's current PS Ratio of 1.77 is 41.6% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Canara Bank and its competitors. For the Banks industry, the median PS Ratio is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canara Bank's current PS Ratio is 1.77, which is 77% above median its own 10-year median of 1.00. 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 ₹98.61, compared to a current price of ₹125.01 — trading 26.8% above its estimated fair value. The current PS Ratio is 1.77, which is 77% above median its 10-year median of 1.00 and 41.6% below the Banks industry median of 3.03. Canara Bank's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current PS Ratio is 1.77 as of Jul. 20, 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 ₹125.01 is trading 26.8% above its estimated GF Value™ of ₹98.61. GuruFocus considers Canara Bank to be Modestly Overvalued.

Key valuation signals for NSE:CANBK:

  • PS Ratio: 1.77 (77% above median its 10-year median of 1.00)
  • GF Value™: ₹98.61 vs. price of ₹125.01 (26.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 41.6% below the Banks median (#319 of 1514)

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 Business Description

Other Exchanges 532483:India
Address No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002
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.
64GF Score

Get the complete analysis for NSE:CANBK

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹125.01
Price
₹98.61
GF Value