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Canara BankNSE:CANBK -0.71%64 Return-on-Tangible-Equity is 15.57% as of Mar. 2026, which is 110% above its 10-year median of 7.42. GuruFocus rates NSE:CANBK with a GF Score™ of 64/100 and a GF Value™ of ₹98.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,525 Banks companies, Canara Bank ranks better than 78.3% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Canara Bank's annualized net income for the quarter that ended in Mar. 2026 was ₹182,969 Mil. Canara Bank's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,175,362 Mil. Therefore, Canara Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.57%.
The historical rank and industry rank for Canara Bank's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CANBK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.04 Med: 7.42 Max: 17.96
Current: 15.84
During the past 13 years, Canara Bank's highest Return-on-Tangible-Equity was 17.96%. The lowest was -11.04%. And the median was 7.42%.
NSE:CANBK's Return-on-Tangible-Equity is ranked better than 78.3% of 1525
companies
in the Banks industry
Industry Median: 11.25
vs NSE:CANBK: 15.84
Canara Bank (NSE:CANBK) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Canara Bank Return-on-Tangible-Equity Related Terms
Canara Bank Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canara Bank's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Canara Bank's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canara Bank's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.57% mean?
Canara Bank (NSE:CANBK) has a Return-on-Tangible-Equity of 15.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canara Bank and its competitors. This is 110% above median its historical median of 7.42. According to the industry distribution chart, Canara Bank ranks #331 out of 1525 companies in the Banks industry, placing it in the top 21.7%.
Is Canara Bank's Return-on-Tangible-Equity too high?
Canara Bank's current Return-on-Tangible-Equity of 15.57% is 110% above median its 10-year median of 7.42. The Banks industry median Return-on-Tangible-Equity is 11.25. Canara Bank's value of 15.57% is 38.4% above this industry median. Based on the distribution chart, Canara Bank ranks #331 out of 1525 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 Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #331 out of 1525 companies for Return-on-Tangible-Equity. This places Canara Bank in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.25. Canara Bank's value of 15.57% is 38.4% above this benchmark. While the company's 10-year median is 7.42 vs. the industry median of 11.25, 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 Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.25, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canara Bank's current Return-on-Tangible-Equity of 15.57% is 38.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canara Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canara Bank's current Return-on-Tangible-Equity is 15.57%, which is 110% above median its own 10-year median of 7.42. 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 ₹98.62, compared to a current price of ₹125.01 — trading 26.8% above its estimated fair value. The current Return-on-Tangible-Equity is 15.57%, which is 110% above median its 10-year median of 7.42 and 38.4% above the Banks industry median of 11.25. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current Return-on-Tangible-Equity is 15.57% 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 ₹125.01 is trading 26.8% above its estimated GF Value™ of ₹98.62.
GuruFocus considers Canara Bank to be Modestly Overvalued.
Key valuation signals for NSE:CANBK:
Return-on-Tangible-Equity: 15.57% (110% above median its 10-year median of 7.42)
GF Value™: ₹98.62 vs. price of ₹125.01 (26.8% above fair value)
Industry Position: 38.4% above the Banks median (#331 of 1525)
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.
64GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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