CANBK
Canara Bank
Each stock's 10,000-path forecast, rendered as light.
Canara Bank (CANBK) Stock Analysis & Case Study
Is CANBK a good buy? The data-driven verdict.
Canara Bank (CANBK) trades at ₹135,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.
On the numbers, Canara Bank (CANBK) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.8× earnings, ROE of 16.1%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027–2031.
Last updated . Data snapshot for research, not investment advice.
CANBK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
Is CANBK overvalued? CANBK P/E vs its Banking
CANBK's P/E of 6.8× sits below the Banking peer median of 17.9×, so on earnings it screens cheaper than peers, while its 3.12% dividend yield is above the peer median of 0.81%.
CANBK share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of CANBK history (6%/yr drift, 30%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| CANBK 2027 | ₹91 | ₹136 | ₹200 | +1% |
| CANBK 2028 | ₹79 | ₹137 | ₹238 | +3% |
| CANBK 2029 | ₹71 | ₹140 | ₹276 | +5% |
| CANBK 2030 | ₹66 | ₹142 | ₹312 | +6% |
| CANBK 2031 | ₹61 | ₹144 | ₹345 | +8% |
Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability CANBK goes up, or doubles?
The bull case for CANBK
- Trades at just 6.8× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection.
- Low price-to-book of 1.04×, the market is paying little over the company's net assets.
- A healthy 16.1% return on equity.
- Pays a 3.1% dividend yield, so you're partly paid to wait.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹276.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹71.
CANBK volatility & expected range, how bumpy is the ride?
Over the last 2.0 years CANBK compounded at 6%/year with annualized volatility of 30%. That volatility implies a 1-year 80% range of ₹91–₹200, the honest backbone behind any single price target.
CANBK price forecast, the full 60-month probability fan
CANBK price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds CANBK hits common targets within the simulated horizon?
Full multi-horizon detail on the CANBK price target & forecast page.
CANBK Piotroski F-Score: 4/9, how financially strong is it?
The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. CANBK scores 4/9,mixed financial health.
CANBK MTF margin & leverage, Upstox, Zerodha, Groww, Dhan
Margin Trading Facility lets you buy CANBK with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 30.4% | 3.3× |
| Zerodha | 25.9% | 3.9× |
| DhanCHEAPEST | 23.4% | 4.3× |
Compare every broker on the CANBK MTF page.
Which ace investors hold CANBK?
Held by 1 tracked superstar investor (from public NSE/BSE disclosures):
CANBK vs peers,Banking comparison
About Canara Bank: sector, index & market-cap context
Canara Bank (CANBK) is a large-cap NSE-listed company in the Banking sector, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹1.22L Cr. See more Nifty 50 stocks.
How the CANBK Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Canara Bank's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
CANBK analysis, FAQs
Is Canara Bank (CANBK) a good buy?
On the numbers, Canara Bank (CANBK) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.8× earnings, ROE of 16.1%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is CANBK overvalued or undervalued?
CANBK trades at 6.8× earnings versus a peer median of 17.9×, so it screens cheaper than its Banking peers.
What is the CANBK share price target for 2031?
CANBK's probability-weighted 2031 median target is ₹144, with an 80% range of ₹61–₹345 (10,000-path Monte-Carlo).
What is the probability CANBK doubles in 5 years?
The modelled probability of CANBK reaching ₹267 (2×) within 5 years is 18%.
What is the bull case for CANBK?
Trades at just 6.8× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection. Low price-to-book of 1.04×, the market is paying little over the company's net assets. A healthy 16.1% return on equity.
What are the risks in CANBK?
No model or past record guarantees future returns, treat this as one input, not a decision.