Punjab National Bank (NSE:PNB) ROE % Adjusted to Book Value: 19.44% (As of Mar. 2026)


NSE:PNB Punjab National Bank NSE:PNB
68 GF Score
Price ₹105.41
GF Value ₹111.68
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Punjab National Bank ROE % Adjusted to Book Value?

Punjab National Bank NSE:PNB +1.90% 68 ROE % Adjusted to Book Value is 19.44% as of Mar. 2026. GuruFocus rates NSE:PNB with a GF Score™ of 68/100 and a GF Value™ of ₹111.68 (Fairly Valued). The stock has 3 warning signs investors should review.

Punjab National Bank's ROE % for the quarter that ended in Mar. 2026 was 14.97%. Punjab National Bank's PB Ratio for the quarter that ended in Mar. 2026 was 0.77. Punjab National Bank's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 19.44%.


Punjab National Bank ROE % Adjusted to Book Value Related Terms


Punjab National Bank ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Punjab National Bank's ROE % Adjusted to Book Value 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.

Punjab National Bank ROE % Adjusted to Book Value Chart

Punjab National Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 6.68 6.89 18.29 16.87

Punjab National Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.19 6.79 16.07 16.06 19.44

Punjab National Bank ROE % Adjusted to Book Value Competitor Comparison

For the Banks - Regional subindustry, Punjab National Bank's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Punjab National Bank's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Punjab National Bank's ROE % Adjusted to Book Value falls into.


NSE:PNB
68GF Score
Punjab National Bank NSE:PNB
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Punjab National Bank ROE % Adjusted to Book Value Calculation

Punjab National Bank's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.99% / 0.77
=16.87%

Punjab National Bank's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.97% / 0.77
=19.44%

* 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.

What does a ROE % Adjusted to Book Value of 19.44% mean?
Punjab National Bank (NSE:PNB) has a ROE % Adjusted to Book Value of 19.44% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Punjab National Bank and its competitors.
Is Punjab National Bank's ROE % Adjusted to Book Value too high?
Punjab National Bank's current ROE % Adjusted to Book Value is 19.44%. Overall, Punjab National Bank has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Punjab National Bank's ROE % Adjusted to Book Value compare to competitors?
Punjab National Bank's ROE % Adjusted to Book Value of 19.44% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Punjab National Bank and its competitors. Punjab National Bank's current ROE % Adjusted to Book Value is 19.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punjab National Bank stock overvalued right now?
Based on GuruFocus' analysis, Punjab National Bank (NSE:PNB) is currently considered Fairly Valued. The stock's GF Value™ is ₹111.68, compared to a current price of ₹105.41 — trading 5.6% below its estimated fair value. The current ROE % Adjusted to Book Value is 19.44%. Punjab National Bank's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Punjab National Bank (NSE:PNB), the current ROE % Adjusted to Book Value is 19.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Punjab National Bank (NSE:PNB) Overvalued in 2026?

Based on GuruFocus' analysis, Punjab National Bank stock appears to be undervalued. The current stock price of ₹105.41 is trading 5.6% below its estimated GF Value™ of ₹111.68. GuruFocus considers Punjab National Bank to be Fairly Valued.

Key valuation signals for NSE:PNB:

  • ROE % Adjusted to Book Value: 19.44%
  • GF Value™: ₹111.68 vs. price of ₹105.41 (5.6% below fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the NSE:PNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Punjab National Bank Business Description

Other Exchanges 532461:India
Address Plot No. 4, Sector 10, Sector - 10, Dwarka, New Delhi, IND, 110075
Punjab National Bank is an Indian public sector bank. It provides all banking products and financial services including acceptance of various kinds of deposits like savings, term, current, recurring deposits etc. and credit financing. Its banking operations cater to individuals, corporates, farmers, government entities, start-ups, MSMEs, and other constituents, offering comprehensive Product offering and services. Its primary segments are Treasury, Retail Banking, Corporate / Wholesale Banking, and Other Banking Operations. The bank generates majority of revenue from Corporate / Wholesale Banking includes all advances which are not included under Retail Banking. Secondary segments are Domestic operations, and Foreign Operations. It generates majority of income from Domestic operations.
68GF Score

Get the complete analysis for NSE:PNB

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹105.41
Price
₹111.68
GF Value