Punjab National Bank
NSE: PNBPunjab National Bank: A 30-second snapshot
Punjab National Bank (PNB) trades at ₹102.77, a PE of 6.54 — the lowest among six tracked banking peers — with ROE of 12.99%, a quality score of 63 (highest in the peer group), and a 52-week drawdown of 23.96% from its high. Q4 FY26 net profit rose 14% YoY to ₹5,225 crore with a ₹3 per share dividend declared, though NII declined in the same period. The stock is below both its 50-DMA (₹111.84) and 200-DMA (₹115.71) despite the earnings result.
P/E
6.5
Forward P/E
6.3
ROE
+13.0%
Debt / Equity
—
Profit Margin
+31.2%
Div. Yield
+2.9%
5Y ROE > 15%
0/5
5Y FCF > 0
3/5
Quality
58/100
News
8 headlines · 5 positive · 1 negative
Punjab National Bank Q4 Results: Profit rises 14% to Rs 5,225 crore, NII dips; Rs 3 dividend declared - Zee Business
Zee Business
PNB Q4 results: Net profit rises 14% YoY to Rs 5,225 crore even as NII falls; Rs 3 per share dividend... - Moneycontrol.com
Moneycontrol.com
Chandigarh woman loses jewellery from locker, Punjab National Bank told to pay Rs 1 crore - The Tribune
The Tribune
PNB, Kiwi partner to launch Credit-on-UPI Card for 180 million users - Mint
Mint
PNB joins hands with Kiwi to expand credit on UPI for 180 million customers - The Economic Times
The Economic Times
Recent context
- ·Q4 FY26 results (May 2026): net profit +14% YoY to ₹5,225 crore, NII declined in the same quarter, and a ₹3 per share dividend was declared — earnings growth alongside NII compression.
- ·PNB partnered with Kiwi to launch a Credit-on-UPI card targeting its 180 million customer base, reported in April 2026 across Mint and The Economic Times.
- ·A consumer court ordered PNB to pay ₹1 crore to a customer over jewellery missing from a bank locker (The Tribune, April 2026) — one negative data point in an otherwise positive recent news flow of 5 positive to 1 negative.
Strengths
- +Lowest PE in the peer group at 6.54 (next closest: Axis Bank at 14.85), with forward PE of 6.30, reflecting compressed valuation relative to banking sector.
- +Highest quality score among six peers at 63, ahead of Axis Bank (53), HDFC Bank (47), Bajaj Finance (53), Bajaj Finserv (23), and HDFC Life (20).
- +Q4 FY26 net profit of ₹5,225 crore represents 14% YoY growth; ₹3 per share dividend declared signals management confidence in near-term earnings.
- +Dividend yield of 2.92% and 5-year revenue CAGR of 15.2% indicate a bank that has grown its revenue base meaningfully over the medium term.
Weaknesses
- −ROE of 12.99% has never exceeded 15% in available history, and ranks 5th of 6 peers — weaker returns on equity versus private-sector comparables with higher capital efficiency.
- −5-year earnings CAGR of 1.9% against revenue CAGR of 15.2%; consistency score of 38 out of 100 and FCF positive in only 3 of available years reflect uneven bottom-line conversion.
- −Debt trend classified as rising with no D/E ratio available for precise quantification; in a banking context, rising leverage compounds sensitivity to credit cycle deterioration.
- −Price is below both the 50-DMA (₹111.84) and 200-DMA (₹115.71), with a 3-month decline of 16.74% and 52-week drawdown of 23.96%; nearest support is at ₹99.79, approximately 3% below current price.
Open questions
- ?Does the gap between 5-year revenue CAGR (15.2%) and earnings CAGR (1.9%) reflect a structural cost or credit-quality issue, or is it a cycle-driven phenomenon that Q4 FY26 profit growth begins to reverse?
- ?How has PNB's NPA trajectory and provisioning coverage ratio evolved over the past four quarters, and does the rising debt trend in the fundamentals data reflect loan growth or balance-sheet stress?
- ?What explains the divergence between the highest quality score in the peer group (63) and the weakest ROE ranking (5th of 6) — and which of these two signals more accurately characterises PNB's competitive position in public-sector banking?
- ?At a 52-week drawdown of 23.96% and below both key moving averages, what catalyst or macro condition has historically corresponded with PSU bank price recoveries from similar technical positions?
Peer comparison: Banking
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| PNB | Punjab National BankYou're viewing | 6.5 | +13.0% | 63 |
| Industry avg | across 5 peers | 32.0 | +14.2% | 39 |
| AXISBANK | Axis Bank Ltd. | 14.8 | +13.2% | 53 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.9 | +17.9% | 53 |
| HDFCBANK | HDFC Bank Ltd. | 17.2 | +13.8% | 47 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 29.1 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 69.1 | +11.3% | 20 |
Technical state
Current price
₹102.77
SMA 50
₹111.84
SMA 200
₹115.71
RSI (14)
32.8 (neutral)
From 52w high
-24.0%
1Y return
+15.0%
3M return
-16.7%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumROE of 12.99% has never exceeded 15% in available history (roeYearsAbove15 = 0), with 5-year earnings CAGR of just 1.9% against revenue CAGR of 15.2% — revenue scale is not translating into proportionate profit growth.
- mediumFundamental consistency score of 38 out of 100; FCF positive in only 3 of available years; debt trend classified as rising — uneven cash generation in an asset-quality-sensitive sector.
- mediumCurrent price ₹102.77 is below both the 50-DMA (₹111.84) and 200-DMA (₹115.71); 3-month decline of 16.74% and 52-week drawdown of 23.96% from high; nearest support at ₹99.79.
- lowPNB ranks 5th of 6 peers on ROE (12.99% vs peer range 11.28%–17.91%), reflecting weaker capital returns relative to private-sector banking peers despite the lowest PE in the group (6.54 vs sector range 14.8–69.1).
- lowConsumer court order directing PNB to pay ₹1 crore for jewellery missing from a locker; isolated incident but introduces an operational risk data point in recent news flow.
Cross-section contradictions
- 5-year revenue CAGR of 15.2% alongside earnings CAGR of 1.9% and a consistency score of 38 suggests revenue growth is not reliably converting to bottom-line improvement — yet Q4 FY26 net profit rose 14% YoY, creating a near-term vs. structural divergence in profitability signals.
- News sentiment is net positive (5 positive, 1 negative of 8 articles, driven by Q4 results) while price is 23.96% below its 52-week high and down 16.74% over 3 months, suggesting the market has not repriced upward on the earnings beat.
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 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days