pocketful logo
Canara Bank logo

Canara Bank

NSE: CANBK BSE: 532483

₹123.45

(-5.37%)

Sun, 05 Apr 2026, 03:34 am

Canara Bank Debt to Equity Ratio

Particulars20052006200720082009201020112012201320142015201620172018201920202021202220232024
Price to earnings ratio005.143.335.616.396.285.734.505.92012.13035.7107.976.494.596.904.60
Price to book ratio1.440.740.860.551.121.360.910.680.400.540.320.520.530.580.230.400.590.661.140.77
Price to sales ratio1.070.610.550.350.770.990.620.460.270.350.200.330.320.370.120.250.420.470.770.53
Price to cash flow ratio4.863.332.596.854.748.683.664.502.2000000003.041.173.401.36
Enterprise value78.64B78.65B61.93B83.88B102.04B292.01B258.83B295.35B329.3B467.99B332.84B647.04B645.46B495.29B238.13B50.14B158.55B812.2B1250B1560B
Enterprise value to EBITDA ratio--------------------
Debt to equity ratio0.750.901.011.240.641.321.161.341.611.721.622.142.041.911.611.611.511.841.692.04
Return on equity %19.6216.5916.6417.7721.9922.7815.3812.329.509.14-8.034.05-11.041.61-5.045.589.2515.2117.9617.76

Canara Bank Debt to Equity Ratio

The Canara Bank Debt to Equity Ratio is a key financial metric used by investors to evaluate Canara Bank's valuation, profitability, and overall financial performance. Tracking the Canara Bank Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.

Canara Bank (NSE: CANBK, BSE: 532483) is currently trading at ₹123.45, with a market capitalization of ₹1120.68B. As a leading company in the Finance sector and Major banks industry, monitoring the Canara Bank Debt to Equity Ratio is essential for fundamental analysis.

Canara Bank Debt to Equity Ratio Current Value

The current Canara Bank Debt to Equity Ratio stands at 2.04.

The latest Canara Bank Debt to Equity Ratio has increased compared to the previous period, indicating rising valuation or improved investor sentiment.

Canara Bank Debt to Equity Ratio Historical Trend

The Canara Bank Debt to Equity Ratio has shown the following historical trend:

  • 2024: 2.04
  • 2023: 1.69
  • 2022: 1.84
  • 2021: 1.51
  • 2020: 1.61

The recent rise in Canara Bank Debt to Equity Ratio suggests strengthening valuation trends and improving market sentiment.

What Canara Bank Debt to Equity Ratio Indicates for Investors

The Canara Bank Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.

The D/E ratio measures financial leverage and balance sheet strength.

Canara Bank Debt to Equity Ratio Analysis Summary

The Canara Bank Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Canara Bank Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.

Regular tracking of Canara Bank Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.

Open Your Free Demat Account Now!

Step into a world of zero fees and limitless opportunities!

pocketful logo

2022-25 Pocketful. All rights reserved, Built with in India

Version -5.76

app image 1app image 2

Explore

Calculatorsfooter arrow down icon
Popular Calculatorsfooter arrow down icon
Group Stocksfooter arrow down icon

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800