Punjab National Bank Intrinsic Value

PNB • Banks
Current Stock Price
₹125.47
Primary Intrinsic Value
₹214.08
Market Cap
₹288.5K Cr
+100.0% Upside
Median Value
₹250.94
Value Range
₹114 - ₹376
Assessment
Trading Below Calculated Value
Safety Margin
50.0%

PNB Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹214.08 ₹171.26 - ₹256.90 +70.6% EPS: ₹17.84, Sector P/E: 12x
Book Value Method asset ₹313.68 ₹282.31 - ₹345.05 +150.0% Book Value/Share: ₹581.84, P/B: 0.8x
Revenue Multiple Method revenue ₹250.94 ₹225.85 - ₹276.03 +100.0% Revenue/Share: ₹638.26, P/S: 1.0x
Simple DCF (5Y) dcf ₹313.68 ₹250.94 - ₹376.42 +150.0% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹114.18 ₹102.76 - ₹125.60 -9.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹147.00 ₹132.30 - ₹161.70 +17.2% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹250.94 ₹225.85 - ₹276.03 +100.0% ROE: 15.3%, P/E Multiple: 14x
Graham Defensive Method conservative ₹376.41 ₹338.77 - ₹414.05 +200.0% EPS: ₹17.84, BVPS: ₹581.84
Method Types: Earnings Asset DCF Growth Dividend Conservative

Want to compare with current market value? Check PNB share price latest .

Valuation Comparison Chart

PNB Intrinsic Value Analysis

What is the intrinsic value of PNB?

Based on our comprehensive analysis using 8 different valuation methods, the estimated intrinsic value of Punjab National Bank (PNB) is ₹250.94 (median value). With the current market price of ₹125.47, this represents a +100.0% variance from our estimated fair value.

The valuation range spans from ₹114.18 to ₹376.41, indicating ₹114.18 - ₹376.41.

Is PNB undervalued or overvalued?

Based on our multi-method analysis, Punjab National Bank (PNB) appears to be trading below calculated value by approximately 100.0%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 0.12 Industry Standard: 2.0+ Below 1.5 Measures short-term liquidity capacity
Debt to Equity Ratio 13.89 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 15.3% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 74.0% Industry Standard: 20%+ Above 20% Indicates operational efficiency level
Asset Turnover Ratio 0.08x Industry Standard: 1.0x+ Below 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹22,075 Cr ₹21,286 Cr Positive Free Cash Flow 8/10
March 2024 ₹-27,939 Cr ₹-28,692 Cr Negative Cash Flow 3/10
March 2023 ₹22,592 Cr ₹22,226 Cr Positive Free Cash Flow 8/10
March 2022 ₹20,032 Cr ₹19,430 Cr Positive Free Cash Flow 8/10
March 2021 ₹30,950 Cr ₹30,557 Cr Positive Free Cash Flow 8/10