Banks · NSE: BANKBARODA
Intrynsic's multi-model valuation estimates Bank of Baroda's fair value at ₹365 per share (range ₹328–₹365) against a market price of ₹228 - a gap of +60.2% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹228
close of 29 Sept 2026
Est. fair value
₹365
₹328–₹365
Gap
+60.2%
price vs estimate
Trading ~60% below our estimated fair-value range. Assumptions and per-model workings are below.
Bank of Baroda is India's second-largest state-owned bank, lending to companies and households across the country and overseas. Its earnings depend on loan growth, deposit costs and bad-loan provisions.
Banks · Banks
Over the last 3 years, revenue grew 12.4%/yr and profit grew 10.2%/yr.
Every ₹100 of shareholder money earned ₹12.1 in profit last year, vs a sector median of 12.2%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is below our estimated fair-value range (based on stated assumptions).
Returns on equity varied by about 2.5 percentage points over the last 5 years — steady.
Intrynsic values Bank of Baroda with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| P/B + Excess ReturnBank Net Worth Method | ₹365 | +60% | - |
| DDMDividend Discount Method | ₹113 | -50% | - |
| Bank FCFE DCFBank Cash Flow Method | ₹328 | +44% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 17.1% a year for the next decade - versus 16.3% historical revenue growth.
| Revenue | ₹1,34,298 Cr | |
| Net profit | ₹20,070 Cr | |
| EPS | ₹38.38 | |
| Free cash flow | ₹31,610 Cr | |
| ROE (latest) | 12.1% | |
| Revenue growth (CAGR) | 13.1% | |
| Profit growth (CAGR) | 34.7% |
Intrynsic's multi-model valuation estimates Bank of Baroda's fair value at ₹365 per share (range ₹328–₹365), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Bank of Baroda trades at ₹228 against Intrynsic's estimated fair value of ₹365 - the market price is 60% below the estimate, i.e. below our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Bank of Baroda trades at about 5.9 times its latest annual earnings per share.
Bank of Baroda is India's second-largest state-owned bank, lending to companies and households across the country and overseas. Its earnings depend on loan growth, deposit costs and bad-loan provisions.
Intrynsic runs 3 valuation models for Bank of Baroda (P/B + Excess Return, DDM, Bank FCFE DCF) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy