PUNJAB & SIND BANK
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The Current P/E Ratio of PUNJAB & SIND BANK is 43.66.
Share Price | ₹58.8 | Apr 19,2024 |
Market Cap | ₹39,867.0 Cr | |
Earnings-TTM | ₹913.1 Cr | TTM-Standalone Results |
Price/Earnings | 43.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PUNJAB & SIND BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹39,867.0 Cr] as on Apr 19,2024
(/) Earnings [ ₹913.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.66x ]
Thus, for PUNJAB & SIND BANK, the investors are currently willing to pay 43.66 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of PUNJAB & SIND BANK!
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of PUNJAB & SIND BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of PUNJAB & SIND BANK
PE Ratio Performance Analysis for PUNJAB & SIND BANK
- PUNJAB & SIND BANK's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.67x.
- PUNJAB & SIND BANK's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PUNJAB & SIND BANK's p/e ratio peaked in Mar2023 at 13.26x.
- PUNJAB & SIND BANK's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PUNJAB & SIND BANK's P/E Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PUNJAB & SIND BANK | 913.06 | 43.66 | 39,867.0 |
STATE BANK OF INDIA | 64,745.00 | 10.35 | 670,060.0 |
PUNJAB NATIONAL BANK | 6,969.14 | 20.26 | 141,216.0 |
BANK OF BARODA | 18,503.80 | 7.18 | 132,878.0 |
UNION BANK OF INDIA | 13,197.70 | 8.15 | 107,519.0 |
INDIAN OVERSEAS BANK | 2,510.97 | 46.11 | 115,777.0 |
CANARA BANK | 14,222.00 | 7.38 | 104,984.0 |
INDIAN BANK | 7,330.86 | 9.43 | 69,119.5 |
BANK OF INDIA | 6,273.71 | 9.84 | 61,734.2 |
UCO BANK | 1,709.22 | 37.39 | 63,904.6 |
CENTRAL BANK OF INDIA | 2,339.22 | 23.04 | 53,891.3 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs PUNJAB & SIND BANK's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.18x |
Max industry PE | 46.11x |
Median industry PE | 10.35x |
Average industry PE | 20.25x |
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