Punjab National Bank (BOM:532461) PB Ratio : 1.38 (As of Apr. 27, 2024)

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What is Punjab National Bank PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-27), Punjab National Bank's share price is ₹136.45. Punjab National Bank's Book Value per Share for the quarter that ended in Dec. 2023 was ₹98.71. Hence, Punjab National Bank's PB Ratio of today is 1.38.

The historical rank and industry rank for Punjab National Bank's PB Ratio or its related term are showing as below:

BOM:532461' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.46 Max: 1.38
Current: 1.38

During the past 13 years, Punjab National Bank's highest PB Ratio was 1.38. The lowest was 0.28. And the median was 0.46.

BOM:532461's PB Ratio is ranked worse than
80.32% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs BOM:532461: 1.38

During the past 12 months, Punjab National Bank's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Punjab National Bank was 19.90% per year. The lowest was -22.50% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio

Punjab National Bank PB Ratio Historical Data

The historical data trend for Punjab National Bank's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Punjab National Bank PB Ratio Chart

Punjab National Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

0.95

0.34

0.41

0.40

0.50

Punjab National Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.61	0.50	0.55	0.83	0.97

Competitive Comparison of Punjab National Bank's PB Ratio

For the Banks - Regional subindustry, Punjab National Bank's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Punjab National Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Punjab National Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Punjab National Bank's PB Ratio falls into.

Punjab National Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Punjab National Bank's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	136.45	/	98.711
	=	1.38

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Punjab National Bank (BOM:532461) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Punjab National Bank PB Ratio Related Terms

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Punjab National Bank (BOM:532461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Punjab National Bank (BOM:532461) » Definitions » PB Ratio

Traded in Other Exchanges

PNB:India

Address

Plot No. 4, Sector - 10, Dwarka, New Delhi, IND, 110075

Website

https://www.pnbindia.in

Punjab National Bank is an Indian public sector bank. It engaged in providing banking services such as saving deposit, current account, fixed deposit schemes, capital gain account scheme, corporate loans, credit facilities, mutual fund insurance, cash management services, export-import (EXIM) financing, international banking, depository services, merchant banking, doorstep banking services, and others. The bank also provides its products and services through mobile banking, internet banking, and SMS banking. It manages its business into four segments namely Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank operates its business in India and overseas. The majority of the bank's revenue comes from India.

Punjab National Bank (BOM:532461) Headlines

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