Is Punjab National Bank (PNB) overvalued or fairly valued?

MarketChacha shows Punjab National Bank's valuation in context — a forward P/E of about 6.8, a price-to-book of about 0.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Punjab National Bank's revenue?

Punjab National Bank reported revenue of ₹1,28,223 Cr for FY2026, with net profit of ₹16,904 Cr, per official filings.

What is the share price of Punjab National Bank (PNB)?

Punjab National Bank last traded at ₹117.27 (+0.4% on the day), as of 9/18/2026 — a delayed quote shown for education, not investment advice.

Punjab National Bank

PNB · NSE · Banking · India

Snapshot

TickerPNB

ExchangeNSE

SectorBanking

IndustryBanks - Regional

CountryIndia

Employees1,03,184

HeadquartersNew Delhi, India

Websitepnb.bank.in

Filings tracked22

About Punjab National Bank

Punjab National Bank provides various banking and financial products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers personal banking products and services, including saving fund accounts, current accounts, fixed deposit, and capital gain account and gold monetization schemes; and housing, vehicle, education, personal, gold, and mortgage and other loans. It also provides various micro, small, and medium enterprises schemes and loans; banking products for government customers; agricultural schemes and loans; corporate banking products and services consist of loans against future lease rentals, working capital financing, and term loans; EXIM finance and cash management services, as well as gold card schemes for exporters; and international banking products and services. In addition, the company offers life and general insurance services; depository, mutual funds, merchant banking, and application supported by blocked amount services; and NRI banking and services. Further, the company provides mobile and internet banking, UPI, SMS banking, missed call, e-statement, ATM, passbook updating machine, and electronic cheque deposit machine services; and point of sale (PoS) is the payment acceptance solutions, NFC-enabled terminals facilitating quick payments, as well as debit and credit cards. Punjab National Bank was incorporated in 1894 and is headquartered in New Delhi, India.

Who owns it

Promoters70.1%
Institutions19.2%
Public & other10.7%

183 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend5.4% → 27.8%

Margin has expanded by about 22.4 points — the business is getting more profitable.

Growth qualityrev 7% · PAT 61%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹15,648 Cr · EPS 3.28

Est. earnings growth -26.2%

Next fiscal year

Rev ₹69,482 Cr · EPS 17.15

Est. earnings growth +6.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹60,754 Cr

Net margin

27.8%

Revenue CAGR (3y)

+9.2%

Profit CAGR (3y)

+88.9%

Net profit (FY2026)

₹16,904 Cr

Ask MarketChacha about PNB

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On MarketChacha

Posts about PNB

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹60,754 Cr	₹16,904 Cr	27.8%
FY2025	₹59,092 Cr	₹16,630 Cr	28.1%
FY2024	₹53,467 Cr	₹8,245 Cr	15.4%
FY2023	₹46,634 Cr	₹2,507 Cr	5.4%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹15,132 Cr	₹5,253 Cr	34.7%
Q4 FY26	₹14,542 Cr	₹5,225 Cr	35.9%
Q3 FY26	₹15,555 Cr	₹5,100 Cr	32.8%
Q2 FY26	₹14,811 Cr	₹4,904 Cr	33.1%
Q1 FY26	₹15,846 Cr	₹1,675 Cr	10.6%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Credit Rating
Rating action by Moody''s, Fitch and Care Edge Ratings
BSE9/18/2026material
Cancellation Of Extraordinary General Meeting
The ensuing EGM of the Shareholders of the Bank convened solely for the Election of One Shareholder Director stands cancelled in view of only one nomination being considered as Fit & Proper.
BSE9/17/2026material
Election Of Shareholder Director Of The Bank
Election of Shareholder Director of the Bank
BSE9/17/2026
Punjab National Bank - 532461 - Announcement Under Regulation 30 (LODR)
Announcement under Regulation 30 (LODR)
BSE9/16/2026
Change in Directorate
Nomination of Shri Divesh Sehara as Director on Board of the Bank
BSE9/10/2026
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Notice Of Strike
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Notice of Strike
BSE9/9/2026
Review Of Interest Rates
Review of Interest Rates
BSE8/31/2026
Award_of_Order_Receipt_of_Order
Imposition of penalty
BSE8/21/2026material
Investor Presentation
Investor presentation
BSE8/19/2026
Award_of_Order_Receipt_of_Order
Disclosure under Regulation 30 of SEBI LODR Regulations, 2015
BSE8/13/2026material
Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 And 51 Of SEBI (LODR) Regulations, 2015
Outcome of Board Meeting under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015
BSE7/29/2026
Board Meeting Intimation for To Consider And Approve The Proposal For Raising Of Foreign Currency Funds Through Debt Issuance.
Punjab National Bankhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve To consider and approve the ....
BSE7/24/2026material
Earnings Call Transcript
Transcript of Earnings Call for QE 30.06.2026
BSE7/24/2026
Press Release / Media Release
Press Release on the Financial Results of the Bank for quarter ended 30.06.2026
BSE7/18/2026
Investor Presentation
Investor Presentation on the financial results for the quarter ended 30.06.2026
BSE7/18/2026
Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 And 51 Of SEBI (LODR) Regulations, 2015
Reviewed Financial Results for quarter ended 30.06.2026
BSE7/18/2026
Certificate Of Compliance With Cybersecurity And Cyber Resilience Framework (CSCRF) For SEBI Regulated Entities (Res)
Certificate of Compliance with Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
BSE7/17/2026
Change in RTA
Intimation under Regulation 7 & 30 of SEBI (LODR) Regulations, 2015 - Change of Registrar to an Issue and Share Transfer Agent (RTA)
BSE7/15/2026
Change in Management
Change in Senior Management
BSE7/8/2026
Change In Interest Rates
Change in Interest Rates
BSE6/30/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual General Meeting of the Bank- Scrutinizer Report and result of E-voting
BSE6/20/2026material
Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of the 25th Annual General Meeting of the Bank
BSE6/20/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.