CSB Bank Limited (CSBBANK) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of CSB Bank Limited ₹277, price ₹334, upside -17.0%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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CSB Bank Limited
CSBBANK · NSEWeak valuationQuality is weak on top of the rich price.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹179.60 – ₹557.45 · fair‑value band ₹246.15 – ₹353.18 · the ₹333.70 price screens above the ₹277.04 fair value. Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
CSB Bank Limited provides banking and financial services for small and medium enterprises, retail, and non-resident individuals in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments.
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CSB Bank Limited provides banking and financial services for small and medium enterprises, retail, and non-resident individuals in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers savings and current, salary/payroll, and fixed and recurring deposit accounts, as well as family banking and segmented products; insurance products, such as life, health, and general insurances, as well as social security schemes; personal, gold, vehicle, home, small business, agriculture, and educational loans, as well as MFI Loans, two-wheeler loans, and healthcare finance; loan against securities and property; doorstep banking services, such as cash pickup and cash delivery, and cheque pickup and reconciliation; and corporate internet banking. The company also provides investment services, such as e-trade and sovereign gold bond; credit and debit cards; digital access and value added services; NRI banking services including NRO, NRE, FCNR, and RFC accounts; and forex services, including outward remittance, foreign currency cash, and integrated treasury services, as well as Agri-banking and financial inclusion services. In addition, it offers SME and corporate banking services, which includes term and working capital loans, export and import finance, letter of credit, buyer and suppliers credit, commercial vehicle and consumption loans, bill discounting, trade and bill finance, cash management, and bank guarantee; ATMs and CDMs; internet, mobile, and WhatsApp banking; and locker facilities. CSB Bank Limited was formerly known as The Catholic Syrian Bank Limited. CSB Bank Limited was incorporated in 1920 and is headquartered in Thrissur, India.
Stock analysis
CSB Bank Limited (CSBBANK) currently trades at ₹333.70, while our model-based Fair Value estimate is ₹277.04, implying the stock looks roughly 20.5% overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹401.63 per share, and 2 of the 4 models we run sit above the ₹333.70 price.
Bear case: the Asset-Based group reads lowest at ₹192.21, and 2 of the 4 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹246.15 (bear) to ₹353.18 (bull), the price of ₹333.70 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
CSB Bank Limited reported revenue of ₹56.8B in FY2026 versus ₹22.8B in FY2022, a compound +25.6%/yr. Reported net income was ₹6.3B in FY2026, compounding +8.4%/yr from FY2022.
Key figures
Market cap ₹57.9B (≈ $604M) · P/E ratio 9.1 · P/S ratio 1.02 · EPS (TTM) ₹36.49 · Net margin 11.1% · Return on equity 13.5% · Return on assets (EBIT) 2.0% · Operating margin 36.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 40% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at −17%, CSBBANK screens cheaper than that median.
Fair Value models
All 4 models by family
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Set up alert →Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 41
Revenue & earnings trend
Growth Forecast
CSBBANK screens 20% overvalued. Compare with DBS Group →
Compare CSB Bank Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1043 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DBS Group D05 | 78.00 SGD | 40.39 SGD | −48% |
| China Merchants Bank Co 600036 | ¥40.69 | ¥52.73 | +30% |
| UniCredit S.p.A UCG | €83.95 | €77.62 | −8% |
| Intesa Sanpaolo S.p.A ISP | €6.79 | €4.02 | −41% |
| Mizuho Financial Group MFG | $11.07 | $6.86 | −38% |
| BNP Paribas SA BNP | €99.30 | €105.99 | +7% |
| HDFC Bank Limited HDFCBANK | ₹735.60 | ₹406.44 | −45% |
| Oversea-Chinese Banking Corporation O39 | 32.01 SGD | 19.78 SGD | −38% |
| CaixaBank, S.A CABK | €13.23 | €8.46 | −36% |
| ICICI Bank Limited ICICIBANK | ₹1,327 | ₹615.71 | −54% |
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Key figures of CSB Bank Limited
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