Canara Bank (NSE:CANBK) Scaled Net Operating Assets: 0.02 (As of Mar. 2026)


NSE:CANBK Canara Bank NSE:CANBK
64 GF Score
Price ₹125.03
GF Value ₹98.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Canara Bank Scaled Net Operating Assets?

Canara Bank NSE:CANBK -1.13% 64 Scaled Net Operating Assets is 0.02 as of Mar. 2026. GuruFocus rates NSE:CANBK with a GF Score™ of 64/100 and a GF Value™ of ₹98.71 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canara Bank's operating assets for the quarter that ended in Mar. 2026 was ₹16,809,947 Mil. Canara Bank's operating liabilities for the quarter that ended in Mar. 2026 was ₹16,490,399 Mil. Canara Bank's Total Assets for the quarter that ended in Dec. 2025 was ₹18,263,716 Mil. Therefore, Canara Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.

NSE:CANBK
64GF Score
Canara Bank NSE:CANBK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Canara Bank Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canara Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(16809946.875-16490399.016)/17325273.85
=0.02

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18873251.179 - 2063304.304
=16809946.875

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17695475.642 - 1205076.626 - 0
=16490399.016

Canara Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(16809946.875-16490399.016)/18263715.8
=0.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18873251.179 - 2063304.304
=16809946.875

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17695475.642 - 1205076.626 - 0
=16490399.016

* 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.

What does a Scaled Net Operating Assets of 0.02 mean?
Canara Bank (NSE:CANBK) has a Scaled Net Operating Assets of 0.02 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canara Bank and its competitors.
Is Canara Bank's Scaled Net Operating Assets too high?
Canara Bank's current Scaled Net Operating Assets is 0.02. 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 Scaled Net Operating Assets compare to competitors?
Canara Bank's Scaled Net Operating Assets of 0.02 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canara Bank and its competitors. Canara Bank's current Scaled Net Operating Assets is 0.02. 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 ₹98.71, compared to a current price of ₹125.03 — trading 26.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.02. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current Scaled Net Operating Assets is 0.02 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 ₹125.03 is trading 26.7% above its estimated GF Value™ of ₹98.71. GuruFocus considers Canara Bank to be Modestly Overvalued.

Key valuation signals for NSE:CANBK:

  • Scaled Net Operating Assets: 0.02
  • GF Value™: ₹98.71 vs. price of ₹125.03 (26.7% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹125.03
Price
₹98.71
GF Value