Punjab National Bank P/B Ratio
PNB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.85
Low Valuation
Low - Trading below book value, may indicate undervaluation
Current Valuation Metrics
P/B Ratio
0.85
Current Price
₹111.14
Book Value/Share
₹581.84
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹133,766 Cr
Share Capital
₹2,299 Cr
Reserves & Surplus
₹130,839 Cr
Outstanding Shares
2,299,000,000
Book Value per Share
₹581.84
Valuation Signal
Signal
Undervalued
Historical Avg
0.16
Historical Range
0.08 - 0.21
Percentile
100.0%
Sector Context
Sector Average
1.31
Sector Median
1.1
Sector Rank
#10 of 40
Sector Percentile
25.0%
Key P/B Ratio Insights for Punjab National Bank
- Stock appears undervalued with PB of 0.85, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 424.7% above historical average
- Trading at discount to sector average PB of 1.31
P/B Ratio Historical Trend for Punjab National Bank
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for Punjab National Bank
Additional stock information and data for PNB
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.21 | ₹581.84 | ₹123.58 | ₹133,766 | Low |
| 2024 | 0.2 | ₹503.85 | ₹99.89 | ₹110,948 | Low |
| 2023 | 0.2 | ₹469.3 | ₹93.05 | ₹103,340 | Low |
| 2022 | 0.12 | ₹445.3 | ₹54.86 | ₹98,055 | Low |
| 2021 | 0.08 | ₹443.8 | ₹36.25 | ₹93,021 | Low |
Sector P/B Ratio Comparison
Comparing Punjab National Bank with other companies in Banks sector
Sector Average
1.31
Sector Median
1.1
Lowest P/B
0.62
Highest P/B
3.6
Companies
40
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.62 | ₹2,086 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.67 | ₹1,338 | Low |
| ESAF Small Finance Bank | ESAFSFB | 0.7 | ₹1,211 | Low |
| Dhanlaxmi Bank | DHANBANK | 0.71 | ₹888 | Low |
| Karnataka Bank | KTKBANK | 0.72 | ₹8,603 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.75 | ₹1,085 | Low |
| Bank of Baroda | BANKBARODA | 0.79 | ₹129,057 | Low |
| Bank of India | BANKINDIA | 0.81 | ₹64,630 | Low |
| Central Bank of India | CENTRALBK | 0.84 | ₹30,132 | Low |
| South Indian Bank | SOUTHBANK | 0.87 | ₹9,640 | Low |