Punjab National Bank
Banking · NSE
52-week range
₹87 – ₹135
From 52w high
-20.6%
RSI (14)
40.4
vs SMA 50 / 200
↓ 50 · ↓ 200
Punjab National Bank (PNB) trades at ₹106.2, a PE of 6.64 — the lowest among the 6 banking peers tracked — while posting Q4 FY26 net profit growth of 14% YoY to ₹5,225 crore. The stock sits below both its 50-DMA (₹112.99) and 200-DMA (₹115.82), with a 52-week drawdown of 21.42% from the high despite positive recent earnings news. Five-year earnings CAGR of 1.9% against revenue CAGR of 15.2% points to a persistent gap between topline scale and bottom-line conversion.
- ✓Lowest PE in the peer group at 6.64 (vs. Axis Bank 14.9, HDFC Bank 17.2, Bajaj Finance 31.0), and highest quality score among the 6 peers tracked (63 out of 100).
- ✓Q4 FY26 net profit rose 14% YoY to ₹5,225 crore, and a dividend of ₹3 per share was declared, reflecting a 2.8% trailing yield at current price.
- ✓Profit margin of 31.22% and 5-year revenue CAGR of 15.2% indicate meaningful topline growth and retained earnings capacity at the operating level.
- ✓Mean analyst rating of 2.59 across 17 analysts (1–5 scale, lower = more constructive), representing a spread of views across the coverage universe.
- ✗ROE of 12.99% has never exceeded 15% in available history and ranks 5th of 6 peers, lagging HDFC Bank (13.82%), Axis Bank (13.15%), and Bajaj Finance (17.91%).
- ✗Five-year earnings CAGR of 1.9% is sharply below the 5-year revenue CAGR of 15.2%, and FCF was positive in only 3 of the years available, pointing to inconsistent profit conversion.
- ✗Debt trend is classified as rising with debtToEquity data unavailable; consistency score of 38 reflects historically uneven financial performance.
- ✗Price is 14.42% lower over 3 months and 21.42% below the 52-week high, with the stock below both 50-DMA and 200-DMA; nearest support sits at ₹99.79, approximately 6% below current price.
- ·Q4 FY26 results (reported May 5, 2026) showed net profit up 14% YoY to ₹5,225 crore, though net interest income (NII) declined 4% — a mixed quarter where profit growth was driven by factors other than core lending margin expansion.
- ·PNB and Kiwi announced a Credit-on-UPI Card partnership targeting 180 million users, representing a retail digital credit distribution initiative reported in late April 2026.
- ·A consumer court in Chandigarh directed PNB to pay ₹1 crore to a customer over missing locker jewellery, an isolated operational incident reported in April 2026 that adds to reputational risk data points in recent news flow.
- ?Does the 14% Q4 profit growth represent a turning point in earnings trajectory, or does the 5-year earnings CAGR of 1.9% better describe PNB's structural earnings power?
- ?With NII down 4% in Q4 while overall profit rose, what non-interest income or provision release is driving the gap, and how durable is that driver?
- ?How does PNB's asset quality — gross NPA ratio and provision coverage — compare to private-sector peers such as HDFC Bank and Axis Bank over the same period?
- ?Given the rising debt trend flag and missing debtToEquity data, what does PNB's capital adequacy ratio (CRAR) and credit cost trajectory look like relative to RBI norms?
PE
6.6
Forward PE
6.4
ROE
+13.0%
Profit margin
+31.2%
D/E
—
Dividend yield
+2.8%
Quality score
63/100
ROE 5y above 15%
0/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.