
Is Bank of Baroda the Best Stock in Its Sector? A Look at the Numbers
Bank of Baroda CMP Rs 235 (13 Oct 2026). Market cap Rs 1,21,527 Cr. ROE 13.18%. P/E 6.61x versus Industry P/E 12.02x.
Updated: 13 Oct 2026 • 9:25 am
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Quick Answer
Bank of Baroda is one of the names investors compare when screening the Bank sector, built on a 13.18% return on equity and a P/E of 6.61x against an Industry P/E of 12.02x. Whether Bank of Baroda is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Bank sector peers, so you can judge that for yourself.
Is Bank of Baroda the best stock in its sector? The stock trades on the NSE at Rs 235 as of 13 October 2026, within its 52-week range of Rs 223.82 to Rs 325.50. Bank of Baroda, headquartered in Vadodara, is one of India's largest public sector banks, with a presence in India and overseas.
Bank of Baroda sits in the Bank sector, and its 13.18% ROE and 6.61x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Bank of Baroda
Bank of Baroda, headquartered in Vadodara, is one of India's largest public sector banks, with a presence in India and overseas. It serves retail, MSME and corporate customers across domestic and international markets. The stock trades about 28 percent below its 52-week high and about 5 percent above its 52-week low. At a market capitalisation of Rs 1,21,527 Cr, it is tracked as part of the Bank sector on Univest.
Is Bank of Baroda the Best Stock in Its Sector?
Bank of Baroda makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 13.18% ROE with a 6.61x P/E against the sector's 12.02x Industry P/E. Bank of Baroda's 6.61x P/E is about half the 12.02x Industry P/E and it trades at a 0.72 P/B, below book value, but its 13.18% ROE is lower than both SBI and Canara Bank in the peer table.
| Metric | Bank of Baroda |
|---|---|
| CMP (NSE) | Rs 235.40 |
| 52-Week High / Low | Rs 325.50 / Rs 223.82 |
| Market Cap | Rs 1,21,527 Cr |
| P/E (TTM) vs Industry P/E | 6.61x vs 12.02x |
| P/B | 0.72 |
| ROE | 13.18% |
| EPS (TTM) | Rs 35.57 |
| Dividend Yield | 3.62% |
Debt to equity is not shown for banks; leverage for lenders is better assessed through the P/B ratio shown above.
Compare Bank of Baroda Against Other Bank Sector Stocks
How Bank of Baroda Compares Against Its Bank Sector Peers
The table below sets Bank of Baroda against 2 other Bank sector names, using the same live data source for every company. A peer average row is included for P/E, ROE, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE |
|---|---|---|---|
| Bank of Baroda | 1,21,527 | 6.61 | 13.18% |
| State Bank of India | 8,68,615 | 9.69 | 14.29% |
| Canara Bank | 1,07,124 | 5.40 | 16.94% |
| Peer average (2 companies) | - | 7.54 | 15.62% |
Against this peer set, Bank of Baroda's 13.18% ROE is below the 15.62% peer average, and its P/E of 6.61x runs below the peer average of 7.54x. Bank of Baroda's 6.61x P/E is about half the 12.02x Industry P/E and it trades at a 0.72 P/B, below book value, but its 13.18% ROE is lower than both SBI and Canara Bank in the peer table.
What Makes Bank of Baroda Worth Watching in Bank
- Deep discount: A 6.61x P/E against a 12.02x Industry P/E sits well below the sector benchmark.
- Below book value: A P/B of 0.72 means the stock trades below its book value.
- Income: A dividend yield of 3.62% adds to the total return case.
Bank of Baroda Valuation: Is It Justified?
Bank of Baroda's 6.61x P/E is about half the 12.02x Industry P/E and it trades at a 0.72 P/B, below book value, but its 13.18% ROE is lower than both SBI and Canara Bank in the peer table. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bharat Electronics the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Bank of Baroda and other Bank sector stocks.
How to Track Bank of Baroda Before You Invest
Before deciding whether Bank of Baroda deserves its label as the best stock in its sector for your own portfolio, compare it directly against Bank sector peers using the steps below.
- Open the Univest Screener and search for Bank of Baroda to view live price, valuation ratios, and peer comparisons within the Bank sector.
- Compare its P/E, P/B, and ROE against other Bank sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Bank of Baroda earns a place in the best stock in its sector conversation on the strength of a 13.18% ROE and a P/E of 6.61x against a 12.02x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Bank of Baroda the best stock in its sector?
Ans. Bank of Baroda has a 13.18% ROE and trades at 6.61x P/E against a 12.02x Industry P/E, and compares below the peer average ROE of 15.62% in this article's named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Bank of Baroda?
Ans. Bank of Baroda was trading at Rs 235.40 on the NSE as of 13 October 2026, within its 52-week range of Rs 223.82 to Rs 325.50.
What sector does Bank of Baroda belong to?
Ans. Bank of Baroda is classified under the Bank sector on Univest.
How does Bank of Baroda compare to its sector peers on P/E?
Ans. Bank of Baroda's P/E of 6.61x is below the 7.54x average of the 2 named peers compared in this article.
What is Bank of Baroda's return on equity?
Ans. Bank of Baroda reported a return on equity of 13.18%, which is below the 15.62% average of its named peers in this comparison.
Should I invest in Bank of Baroda based on its sector position?
Ans. Bank of Baroda's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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