Punjab National Bank
NSE: PNBPunjab National Bank: A 30-second snapshot
PNB trades at a trailing PE of 5.86 (forward 6.56) with a 14.97% ROE, the lowest PE and highest ROE among the 6 banking names tracked in its peer set. The stock sits at ₹111.64, above its 50-DMA (₹106.31) but below its 200-DMA (₹112.63) and 14.99% off its 52-week high, with 16 analysts carrying a mean rating of 2.375 on a 1-5 scale where lower is more constructive. Recent news flow (7 of 8 tracked articles positive) has centered on a $1.5 billion foreign-currency bond programme approval and new fintech/finance-hub partnerships.
P/E
5.9
Forward P/E
6.6
ROE
+15.0%
Debt / Equity
—
Profit Margin
+38.1%
Div. Yield
+2.7%
5Y ROE > 15%
0/5
5Y FCF > 0
3/5
Quality
64/100
News
8 headlines · 7 positive · 0 negative
Punjab National Bank gets nod to raise $1.5 billion through foreign currency bond programme - CNBC TV18 - LinkedIn
Andhra Pradesh, Punjab National Bank sign MoU to establish India's first bank-led Quantum Finance Hub in Amaravati - ANI News
ANI News
PNB partners with A.P. to set up Quantum Finance Innovation Hub in Amaravati - The Hindu
The Hindu
Punjab National Bank Joins Digital Supply Chain Finance Platform - IBS Intelligence
IBS Intelligence
Punjab National Bank to foray in acquisition finance in third quarter: MD Chandra - ETLegalWorld.com
ETLegalWorld.com
Recent context
- ·PNB received approval to raise $1.5 billion through a foreign-currency bond programme (CNBC-TV18 via LinkedIn, July 29).
- ·PNB signed an MoU with the Andhra Pradesh government to set up a 'Quantum Finance Innovation Hub' in Amaravati (ANI News / The Hindu, July 23) and joined a digital supply-chain finance platform (IBS Intelligence, July 31).
- ·Bank management indicated plans to enter acquisition financing in the third quarter (ETLegalWorld, July 21); the 8 tracked articles over this window were 7 positive, 1 neutral, 0 negative.
Strengths
- +Trailing PE of 5.86 is the lowest among the 6 tracked banking peers (range 5.86-59.88).
- +ROE of 14.97% ranks 1st of the 6 tracked banking peers (peer range 10.8%-14.6%).
- +Price has recovered above its 50-DMA (₹106.31), up 6.48% over 3 months and 7.58% over 12 months.
- +Recent news flow skewed positive (7 of 8 tracked articles), including approval to raise $1.5 billion via a foreign-currency bond programme.
Weaknesses
- −ROE has never exceeded 15% in the available history (roeYearsAbove15 = 0) even though it currently stands at 14.97%; 5-year earnings CAGR of 1.9% lags 5-year revenue CAGR of 15.2%.
- −Fundamental consistency score of 38/100 with free cash flow positive in only 3 of the years captured in available history, alongside a 'rising' debt trend.
- −Price remains below its 200-DMA (₹112.63) and 14.99% below its 52-week high.
- −Analyst consensus rating of 2.375 across 16 analysts (1-5 scale, lower = more constructive) sits mid-scale rather than at the constructive end despite the peer-best PE and ROE readings.
Open questions
- ?Does the gap between 5-year revenue growth (15.2%) and earnings growth (1.9%) reflect one-off items or a more structural margin trend?
- ?What has kept ROE from sustainably clearing the 15% mark it has not yet crossed in the available history?
- ?How might the newly approved $1.5 billion bond programme interact with the 'rising' debt trend already flagged in the persistence data?
- ?Does the mid-scale analyst consensus (2.375 on a 1-5 scale) reflect caution about asset quality or lag the recent price and ROE recovery?
Peer comparison: Banking
Ranks 3 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| PNB | Punjab National BankYou're viewing | 5.9 | +15.0% | 58 |
| Industry avg | across 5 peers | 31.7 | +13.1% | 48 |
| AXISBANK | Axis Bank Ltd. | 13.8 | +13.3% | 70 |
| HDFCBANK | HDFC Bank Ltd. | 16.3 | +13.8% | 66 |
| BAJFINANCE | Bajaj Finance Ltd. | 35.1 | — | 47 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 59.9 | +10.8% | 33 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 33.3 | +14.6% | 23 |
Technical state
Current price
₹111.64
SMA 50
₹106.31
SMA 200
₹112.63
RSI (14)
61.9 (neutral)
From 52w high
-15.0%
1Y return
+7.6%
3M return
+6.5%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumROE of 14.97% has never exceeded 15% in the available history (roeYearsAbove15 = 0), and 5-year earnings CAGR of 1.9% trails 5-year revenue CAGR of 15.2% by a wide margin — revenue scale has not translated into proportionate profit growth.
- mediumFundamental consistency score of 38 out of 100, free cash flow positive in only 3 of the years captured in available history, and debt trend classified as 'rising' — profitability and cash generation have been uneven historically.
- lowCurrent price of ₹111.64 sits below the 200-DMA (₹112.63) while holding above the 50-DMA (₹106.31); price remains 14.99% below its 52-week high despite a 6.48% gain over the past 3 months and 7.58% over the past 12 months.
Cross-section contradictions
- PNB has the lowest trailing PE (5.86) and the highest ROE (14.97%) among the 6 tracked banking peers, yet its analyst consensus rating is 2.375 across 16 analysts (1-5 scale, lower = more constructive) and its fundamental consistency score is only 38/100 — the valuation and current ROE screen strongly on a relative basis while the persistence and sell-side signals are more measured.
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.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 31 Jul 2026 · rotates through NIFTY 500 every ~5 days