Banking Sector

43 stocks9 undervalued18 overvaluedAvg MoS: -48.2%

Symbol	Company	Price	Fair Value	MoS	P/E	Signal
ESAFSFB	ESAF Small Finance Bank Limited	₹24	₹62	61.5%	—	CAUTION
UTKARSHBNK	Utkarsh Small Finance Bank Limited	₹12	₹24	49.9%	11.2x	CAUTION
DHANBANK	Dhanlaxmi Bank Limited	₹24	₹39	39.4%	9.3x	UNDERVALUED
CANBK	Canara Bank	₹131	₹204	35.9%	5.7x	UNDERVALUED
CENTRALBK	Central Bank of India	₹34	₹51	33.9%	6.1x	UNDERVALUED
MAHABANK	Bank of Maharashtra	₹66	₹99	32.9%	7.6x	UNDERVALUED
IDBI	IDBI Bank Limited	₹70	₹99	29.0%	8.0x	UNDERVALUED
SURYODAY	Suryoday Small Finance Bank Limited	₹133	₹176	24.7%	19.5x	UNDERVALUED
BANKBARODA	Bank of Baroda	₹261	₹344	24.4%	6.6x	UNDERVALUED
BANKINDIA	Bank of India	₹143	₹187	23.2%	6.5x	UNDERVALUED
CAPITALSFB	Capital Small Finance Bank Limited	₹247	₹316	21.8%	8.0x	UNDERVALUED
PNB	Punjab National Bank	₹107	₹130	17.9%	6.7x	FAIRLY VALUED
UNIONBANK	Union Bank of India	₹174	₹205	15.0%	6.9x	FAIRLY VALUED
TMB	Tamilnad Mercantile Bank Limited	₹620	₹724	14.3%	7.9x	FAIRLY VALUED
SOUTHBANK	South Indian Bank	₹37	₹41	9.2%	6.9x	FAIRLY VALUED
BANKA	Banka BioLoo Limited	₹54	₹60	8.9%	—	CAUTION
UCOBANK	UCO Bank	₹24	₹26	6.6%	11.6x	FAIRLY VALUED
INDUSINDBK	IndusInd Bank	₹786	₹832	5.5%	15.9x	CAUTION
DCBBANK	DCB Bank	₹172	₹172	0.5%	7.5x	FAIRLY VALUED
CSBBANK	CSB Bank	₹373	₹360	-3.7%	10.3x	FAIRLY VALUED
EQUITASBNK	Equitas Small Finance Bank	₹55	₹51	-7.0%	9.3x	CAUTION
YESBANK	Yes Bank	₹18	₹17	-8.1%	17.7x	FAIRLY VALUED
FINOPB	Fino Payments Bank Limited	₹124	₹110	-13.1%	14.6x	FAIRLY VALUED
BANDHANBNK	Bandhan Bank	₹152	₹125	-21.6%	23.4x	OVERVALUED
INDIANB	Indian Bank	₹901	₹684	-31.7%	10.2x	OVERVALUED
INDBANK	Indbank Merchant Banking Services Limited	₹32	₹24	-33.3%	19.9x	OVERVALUED
UJJIVANSFB	Ujjivan Small Finance Bank	₹56	₹42	-33.5%	22.0x	OVERVALUED
IOB	Indian Overseas Bank	₹33	₹24	-39.4%	13.3x	OVERVALUED
AXISBANK	Axis Bank	₹1,238	₹869	-42.5%	14.2x	OVERVALUED
HDFCBANK	HDFC Bank	₹771	₹528	-46.0%	16.7x	OVERVALUED
SBIN	State Bank of India	₹1,033	₹683	-51.2%	11.1x	OVERVALUED
PSB	Punjab & Sind Bank	₹23	₹15	-52.5%	13.4x	OVERVALUED
KARURVYSYA	Karur Vysya Bank	₹270	₹173	-56.6%	11.5x	OVERVALUED
FEDFINA	Fedbank Financial Services Limited	₹135	₹83	-62.5%	16.3x	OVERVALUED
IDFCFIRSTB	IDFC First Bank	₹61	₹37	-64.3%	31.7x	OVERVALUED
CUB	City Union Bank Limited	₹248	₹150	-65.6%	14.3x	OVERVALUED
RBLBANK	RBL Bank	₹317	₹180	-75.8%	25.5x	OVERVALUED
ICICIBANK	ICICI Bank	₹1,229	₹638	-92.7%	16.6x	OVERVALUED
FEDERALBNK	Federal Bank	₹271	₹136	-99.5%	16.1x	OVERVALUED
KOTAKBANK	Kotak Mahindra Bank	₹361	₹138	-162.1%	18.9x	OVERVALUED
AUBANK	AU Small Finance Bank	₹883	₹58	-1417.7%	28.2x	OVERVALUED
J&KBANK	The Jammu & Kashmir Bank Limited	—	₹168	—	5.8x	—
CANARABNK	Canara Bank	₹131	—	—	—	CAUTION