Canara Bank Share Price: Share price of Canara Bank as Sensex gains 676.81 points
Share price of Canara Bank 0.69 per cent to Rs 99.70 at 11:41AM (IST) in Thursday’s trade. The counter hit a high of Rs 100.90 and low of Rs 99.60 so far during the session. The stock had closed at Rs 100.40 in the previous session.
The counter had a total traded volume of 11:41AM shares so far with a turnover of Rs 3.70 crore on BSE. The stock traded at a price-to-earnings multiple of 5.65 and a price-to-book ratio of 1.27.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no…
