Punjab National Bank P/B Ratio
Punjab National Bank (PNB) P/B ratio is 0.92 (Low), book value per share ₹655.34 vs Banks average P/B of 1.45 — Low - Trading below book value, may indicate undervaluation. For live price, earnings yield and the full fundamental profile, see PNB share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
PNB P/B Ratio — Valuation Insights & Book Value Analysis
Punjab National Bank price-to-book ratio interpretation, valuation status and historical context — current P/B 0.92 (Low). Read PNB dividend payout details for the complete payout history and dividend yield track record.
- Stock appears undervalued with PB of 0.92, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 405.5% above historical average
- Trading at discount to sector average PB of 1.45
Punjab National Bank P/B Ratio Historical Trend
PNB annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Explore PNB Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
PNB Historical P/B Ratio — Book Value Per Share & Year-End Price
Punjab National Bank annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.18 | ₹655.34 | ₹117.27 | ₹150,662 | Low |
| 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 |
PNB vs Banks Peers — P/B Ratio Comparison
Punjab National Bank P/B 0.92 vs Banks average 1.45, median 1.33 — range 0.73–4.05.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Bank of Baroda | BANKBARODA | 0.73 | ₹123,146 | Low |
| Central Bank of India | CENTRALBK | 0.75 | ₹27,824 | Low |
| Suryoday Small Finance B… | SURYODAY | 0.77 | ₹1,539 | Low |
| Bank of India | BANKINDIA | 0.78 | ₹63,737 | Low |
| Capital Small Finance Ba… | CAPITALSFB | 0.83 | ₹1,225 | Low |
| Dhanlaxmi Bank | DHANBANK | 0.9 | ₹1,229 | Low |
| Utkarsh Small Finance Ba… | UTKARSHBNK | 0.95 | ₹2,527 | Low |
| Canara Bank | CANBK | 0.96 | ₹112,476 | Low |
| Karnataka Bank | KTKBANK | 1.0 | ₹12,305 | Moderate |
| South Indian Bank | SOUTHBANK | 1.02 | ₹12,088 | Moderate |