EN DE
Watch CSB Bank Limited for free: we tell you when fair value or trend changes.
Data-driven stock valuation

CSB Bank Limited (CSBBANK) fair value: what the stock is really worth

As of Nov 9, 2026: fair value (intrinsic value) of CSB Bank Limited stock ₹277, price ₹302, that is 8.2% below the price, quality 51 out of 100. Rating: fairly valued. Calculated from audited financials with 4 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services IN · ISIN INE679A01013

CB CSB Bank Limited logo Broad data Nov 11, 2026

CSB Bank Limited

CSBBANK · NSE
Fairly valued, in a downtrend

The stock costs about what our calculation considers fair.

Healthy Growth (revenue 5y +21.2 %/yr in INR)
Highly profitable · 24.5% net margin (TTM)
Ranks above peers (8/13)
Broad data
Costs just 7.7 times its yearly profit.
Fair value ₹277.11 · Fairly valued
Quality 51/100
Wide moat 66/100 · thin data
Watch CSB Bank Limited for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

₹557.45 ₹179.60 Fair Value ₹277.11 Jul 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.

How to read this chart

60‑month range ₹179.60 – ₹557.45 · fair‑value band ₹246.56 – ₹351.90 · the ₹301.95 price screens above the ₹277.11 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 11, 2026.

Follow CSB Bank in your weekly email

Every Wednesday you see whether CSB Bank is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

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.

Show moreShow less

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 ₹301.95, while our model-based Fair Value estimate is ₹277.11, so the stock looks roughly fairly valued today (gap 9.0%).

Show more

Valuation

Bull case: the Multiples group reads highest at a median of ₹433.26 per share, and 2 of the 4 models we run sit above the ₹301.95 price.

Bear case: the Asset-Based group reads lowest at ₹190.85, and 2 of the 4 models stay below the price. Data coverage for this calculation is high.

Scenario range: ₹246.56 (bear) to ₹351.90 (bull), the price of ₹301.95 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 51/100 (solid 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 ₹52.4B (≈ $558M) Small · P/E ratio 7.7 · P/S ratio 1.87 · EPS (TTM) ₹39.07 · Net margin 24.5% · Return on equity 13.9% · Return on assets (EBIT) 2.0% (5-year average) · Operating margin 32.6%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).

What moves the price

The share trades about 46% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −30% fair-value upside, at −8%, CSBBANK screens cheaper than that median.

Fair Value models

Bear ₹246.56 Fair Value ₹277.11 Bull ₹351.90
Price ₹301.95 · Downside -8.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹24.08 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income ₹246.56 ₹277.11 ₹351.90 71
P/E Multiple ₹363.26 ₹484.35 ₹605.44 63
P/B Multiple ₹286.62 ₹382.16 ₹477.71 55
All 4 models by family
Multiples
P/E Multiple ₹363.26 ₹484.35 ₹605.44 63
P/B Multiple ₹286.62 ₹382.16 ₹477.71 55
Asset-Based
NCAV (Graham) ₹142.42 ₹190.85 ₹284.85 54
Economic Profit
Residual Income ₹246.56 ₹277.11 ₹351.90 71

Open the full fair value analysis →

Quality Score breakdown

Overall quality 51/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 27
How much profit the company makes from its sales and capital
Quality Growth 45
Are margins and returns getting better?
Cashflow 75
Do the profits arrive as real cash?
Financial strength 24
Debt, balance sheet and risk of trouble
Investment 39
Does it invest with discipline instead of growing at any price?
Low Volatility 66
How calm the share price moves, does not count
Price momentum 22
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 1
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+24.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.2%
Start year 2021 (pandemic). Over 10 years: +13.7% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.5%
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+23.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+23.7%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 15%

Watch CSBBANK, get fair value alerts →

Compare CSB Bank Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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 · 997 stocks

Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 51 · Below median
Fair Value upside −8.2% · Above median
Profitability
Return on equity (12 months) 13.9% · Top 25%
Return on assets 1.1% · Above median
Net margin (12 months) 24.5% · Below median
Operating margin (12 months) 32.6% · Below median
Growth and dividend
Revenue growth (quarter YoY) 6.2% · Below median
Balance sheet
Debt / equity 1.13× · Highest 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (12 months) 7.7× · Cheapest 25%
P/B 1.07× · Cheaper than median
P/S (12 months) 1.87× · Cheapest 25%
Price / free cash flow (fiscal year) 5.8× · Cheapest 25%
EV/EBITDA 7.0× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)22 · sector 9
FUTURE (revenue growth)31 · sector 47
PAST (return on equity)55 · sector 43
HEALTH (low debt)–
DIVIDEND (yield)0 · sector 52

HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Postal Savings Bank of China Co 601658 ¥5.63 ¥7.59 +35% vs CSBBANK
China Merchants Bank Co 600036 ¥43.01 ¥52.73 +23% vs CSBBANK
BNP Paribas SA BNP €95.66 €107.43 +12% vs CSBBANK
Intesa Sanpaolo S.p.A ISP €6.39 €4.91 −23% vs CSBBANK
UniCredit S.p.A UCG €83.55 €58.08 −30% vs CSBBANK
Oversea-Chinese Banking Corporation O39 28.60 SGD 18.20 SGD −36% vs CSBBANK
Mizuho Financial Group MFG $9.93 $5.89 −41% vs CSBBANK
DBS Group D05 70.37 SGD 40.39 SGD −43% vs CSBBANK
HDFC Bank Limited HDFCBANK ₹798.15 ₹406.39 −49% vs CSBBANK
ICICI Bank Limited ICICIBANK ₹1,589 ₹615.63 −61% vs CSBBANK

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

CSB Bank Limited: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "CSB Bank Limited Fair Value". https://www.fairvalue-calculator.com/stock/CSBBANK

Frequently asked questions

Is CSB Bank Limited (CSBBANK) overvalued or undervalued?
As of Nov 11, 2026, our model estimates a fair value of ₹277.11 versus a price of ₹301.95, about 8% lower (fairly valued).
What is the fair value of CSBBANK?
Our model-based fair value for CSB Bank Limited is ₹277.11 (as of Nov 11, 2026), built from audited fundamentals. The current price: ₹301.95.
What is the quality score of CSBBANK?
CSB Bank Limited has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for CSB Bank Limited (CSBBANK)?
Our model-based price target is the fair value of ₹277.11 (as of Nov 11, 2026) from 4 valuation models. Cautious scenario ₹246.56, optimistic scenario ₹351.90. It is a calculation from audited fundamentals, not an analyst target.
What is the CSB Bank Limited stock forecast for 2026?
Our models put fair value at ₹277.11, about 8% lower versus a price of ₹301.95 (fairly valued). Cautious scenario ₹246.56, optimistic scenario ₹351.90. The calculation is refreshed regularly with new filings.
What is the revenue of CSB Bank Limited (CSBBANK)?
CSB Bank Limited reported trailing-twelve-month revenue of about ₹28.0B (latest available figure, as of Nov 11, 2026).
What is the intrinsic value of CSB Bank Limited (CSBBANK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CSB Bank Limited it is ₹277.11 per share (as of Nov 11, 2026), against a price of ₹301.95. It is the blended result of 4 valuation models in 3 families (Multiples, Asset-Based, Economic Profit).
Is CSB Bank Limited stock overvalued or undervalued in 2026?
As of Nov 11, 2026, CSBBANK trades above its calculated fair value: price ₹301.95, fair value ₹277.11, a gap of about −8% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CSBBANK?
No. The price is what the market pays today (₹301.95); the fair value is what the company's own numbers justify (₹277.11). For CSB Bank Limited the two are ₹24.84 per share apart. That gap is exactly why we show both numbers side by side.
How much is CSB Bank Limited worth?
The market values CSB Bank Limited at about ₹52.4B (market capitalisation, as of Nov 11, 2026). Per share that is ₹301.95; our models calculate a fair value of ₹277.11 per share.
What do the bullish and bearish scenarios say about CSBBANK?
Our models span a range for CSB Bank Limited: cautious scenario ₹246.56, base ₹277.11, optimistic ₹351.90 per share (as of Nov 11, 2026, price ₹301.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CSBBANK?
CSB Bank Limited trades at a price-to-earnings ratio of 7.7 (as of Nov 11, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹277.11 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2020 to 2026), reported earnings: 9.3. Other multiples: P/B 1.1, P/S 1.9, EV/EBITDA 7.0.
How solid is the balance sheet of CSB Bank Limited (CSBBANK)?
Balance-sheet figures for CSB Bank Limited (as of Nov 11, 2026): return on equity 13.9%, debt of 1.13 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is CSBBANK from its 52-week high?
CSB Bank Limited trades at ₹301.95, about 46% below its 52-week high of ₹557.45 and 2% above the low of ₹295.25 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹277.11 is for.
Which stocks are comparable to CSB Bank Limited?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CSB Bank Limited stock attractive at the current price?
The data as of Nov 11, 2026: price ₹301.95, calculated fair value ₹277.11 (−8%), Quality Score 51/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CSBBANK calculated?
We run CSB Bank Limited through 4 models from 3 families: Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of ₹277.11 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. CSB Bank Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of CSB Bank Limited (CSBBANK)?
The closing price on Nov 9, 2026 was ₹301.95. Our model-based fair value is ₹277.11, about 8% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CSB Bank Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of CSB Bank Limited

How large is the market capitalisation of CSB Bank Limited (CSBBANK)?
The market capitalisation of CSB Bank Limited is ₹52.4B (≈ $558M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of CSB Bank Limited (CSBBANK)?
The price-to-sales ratio of CSB Bank Limited is 1.87 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of CSB Bank Limited (CSBBANK)?
Earnings per share at CSB Bank Limited are ₹39.07 (price ÷ EPS = P/E 7.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of CSB Bank Limited (CSBBANK)?
The net margin of CSB Bank Limited is 24.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of CSB Bank Limited (CSBBANK)?
The return on equity (ROE) of CSB Bank Limited is 13.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of CSB Bank Limited (CSBBANK)?
On an EBIT basis the return on assets of CSB Bank Limited is 2.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of CSB Bank Limited (CSBBANK)?
The operating margin of CSB Bank Limited is 32.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CSB Bank Limited (CSBBANK)?
Revenue at CSB Bank Limited is growing +6.2% versus a year earlier (3y avg +29.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at CSB Bank Limited (CSBBANK)?
Earnings per share at CSB Bank Limited are growing +14.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does CSB Bank Limited (CSBBANK) generate?
The free cash flow of CSB Bank Limited is ₹9.1B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does CSB Bank Limited (CSBBANK) carry?
The net debt of CSB Bank Limited is ₹30.6B (fiscal year 2026, ≈ 3.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch CSB Bank Limited in the live analysis

One click puts CSB Bank Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.