PUNJAB & SIND BANK
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The Current P/E Ratio of PUNJAB & SIND BANK is 43.90.
Share Price | ₹59.1 | May 08,2024 |
Market Cap | ₹40,083.9 Cr | |
Earnings-TTM | ₹913.1 Cr | TTM-Standalone Results |
Price/Earnings | 43.90x | 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 [ ₹40,083.9 Cr] as on May 08,2024
(/) Earnings [ ₹913.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.90x ]
Thus, for PUNJAB & SIND BANK, the investors are currently willing to pay 43.90 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 | 43.90 | 40,083.9 |
STATE BANK OF INDIA | 64,745.00 | 11.17 | 723,251.0 |
PUNJAB NATIONAL BANK | 6,969.14 | 19.75 | 137,638.0 |
BANK OF BARODA | 18,503.80 | 7.34 | 135,852.0 |
UNION BANK OF INDIA | 13,197.70 | 8.34 | 110,077.0 |
INDIAN OVERSEAS BANK | 2,510.97 | 47.67 | 119,709.0 |
CANARA BANK | 14,782.40 | 6.85 | 101,247.0 |
INDIAN BANK | 8,129.15 | 8.82 | 71,739.3 |
BANK OF INDIA | 6,273.71 | 10.31 | 64,693.4 |
UCO BANK | 1,653.75 | 38.56 | 63,761.1 |
CENTRAL BANK OF INDIA | 2,575.99 | 20.94 | 53,952.0 |
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 | 6.85x |
Max industry PE | 47.67x |
Median industry PE | 11.17x |
Average industry PE | 20.33x |
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