PUNJAB & SIND BANK
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The Current P/B Ratio of PUNJAB & SIND BANK is 2.64.
Share Price | ₹58.8 | Apr 19,2024 |
Market Cap | ₹39,867.0 Cr | |
Book Value | ₹15,108.5 Cr | Mar2023 - Standalone Results |
Price/Book | 2.64x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PUNJAB & SIND BANK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹39,867.0 Cr] as on Apr 19,2024
(/) Book Value [ ₹15,108.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.64x ]
Thus, for PUNJAB & SIND BANK, the investors are currently willing to pay '2.64 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of PUNJAB & SIND BANK!
The chart below summarizes the trend in P/B Ratio of PUNJAB & SIND BANK over the last five years.
Historical PB (Price/Book ) ratio chart of PUNJAB & SIND BANK
PB Ratio Performance Analysis for PUNJAB & SIND BANK
- PUNJAB & SIND BANK's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.71x.
- PUNJAB & SIND BANK's operated at median p/b ratio of 0.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PUNJAB & SIND BANK's p/b ratio peaked in Mar2023 at 1.23x.
- PUNJAB & SIND BANK's p/b ratio hit its five-year low in Mar2020 of 0.17x.
How does PUNJAB & SIND BANK's P/B Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PUNJAB & SIND BANK | 15,108.50 | 2.64 | 39,867.0 |
STATE BANK OF INDIA | 358,931.00 | 1.87 | 670,060.0 |
PUNJAB NATIONAL BANK | 102,880.00 | 1.37 | 141,216.0 |
BANK OF BARODA | 105,055.00 | 1.26 | 132,878.0 |
UNION BANK OF INDIA | 78,803.50 | 1.36 | 107,519.0 |
INDIAN OVERSEAS BANK | 24,876.00 | 4.65 | 115,777.0 |
CANARA BANK | 78,053.80 | 1.35 | 104,984.0 |
INDIAN BANK | 49,506.80 | 1.40 | 69,119.5 |
BANK OF INDIA | 60,432.90 | 1.02 | 61,734.2 |
UCO BANK | 25,603.70 | 2.50 | 63,904.6 |
CENTRAL BANK OF INDIA | 29,216.70 | 1.84 | 53,891.3 |
Bank - Public Industry Benchmark (Top 10) PB Analysis vs PUNJAB & SIND BANK's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.02x |
Max industry PB | 4.65x |
Median industry PB | 1.40x |
Average industry PB | 1.93x |
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