Karur Vysya Bank Adjusts Valuation Grade Amid Competitive Financial Landscape

Karur Vysya Bank has recently undergone a valuation adjustment, reflecting shifts in its financial metrics and market position. The bank's current price stands at 200.05, with a notable 52-week high of 246.15 and a low of 165.15. In terms of key performance indicators, the bank reports a price-to-earnings (PE) ratio of 8.55 and a price-to-book value of 1.48. The PEG ratio is recorded at 0.32, while the dividend yield is at 1.20%.
Return on equity (ROE) is reported at 17.29%, and return on assets (ROA) is at 1.76%. The net non-performing assets (NPA) to book value ratio stands at 1.53, indicating the bank's asset quality.

When compared to its peers, Karur Vysya Bank's valuation metrics show a competitive landscape. For instance, City Union Bank has a PE ratio of 10.6, while RBL Bank and Ujjivan Small Finance Bank exhibit stronger valuation grades. Over the past year, Karur Vysya Bank has delivered a return of 13.37%, outperforming the Sensex's 3.51% return, highlighting its relative performance in the market.