₹117.24
+0.5% today
· 30d +2.45%
as of 2026-09-04
Price · Daily Candles
“PNB's Q4 Profit Surges 12.54% YoY, Yet Share Price Declines 17% in 3 Months.”
Punjab National Bank (PNB) reported a robust Q4 2026 net profit increase of 12.54% YoY to ₹5225 Cr, driven by a 9.19% rise in operating profit. Despite strong 3-year net profit CAGR of 77.26%, the stock has seen a 17.31% decline over the last three months, trading at a low P/B of 0.82 and a TTM P/E of 6.62.
BULL CASE
+Quarterly net profit surged by 12.54% YoY to ₹5225 Cr in Q4 2026.
+Annual net profit CAGR stands at an impressive 77.26% over the last 3 years.
+The stock trades at an attractive Price-to-Book ratio of 0.82, below its book value of ₹129.54.
+The TTM P/E of 6.62 is significantly lower than some sector peers, suggesting potential value.
+The company maintains a healthy dividend yield of 2.82%.
BEAR CASE
−The stock has seen a significant price decline of 17.31% over the last 3 months and 15.26% over 6 months.
−Sales growth over the last 12 months is predicted as 'strong' for very recent 2- and 4-year periods (0.826 and 0.895 ranks respectively), but free cash flow generation is ranked 'weak' with 1-year FCF for recent 2-year and rolling 4-year at 0.216 and 0.07 respectively.
−QoQ FII shareholding increased by only 0.45%, while DII shareholding saw a marginal decrease of 0.03% in Q4 2026.
−The 1-year return is a modest 5.46%, underperforming the broader market during the same period.
−The stock's technical indicators are currently 'weak', with RSI(14) at 48.61 indicating limited momentum.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹33589 Cr
+3.12% YoY
NET PROFIT
₹5339 Cr
+191.4% YoY
OPM
20.19%
+0.93pp YoY
EPS
₹5.06
PE 6.62
Intrinsic value · DCF: N/A — Free Cash Flow not reported (typical for banks / NBFCs). Use the Strategy Fit and ML sections instead.
◇ Sector Position
PNB's TTM P/E of 6.62 and P/B of 0.82 position it significantly cheaper than peers like HDFCBANK (P/E 15.77, ROCE 5.92%) and ICICIBANK (P/E 17.0, ROCE 7.5%), despite its lower ROCE compared to many private players.
PEERPEROCE %
PNB6.62—
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
64
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
CHEAP
90
Growth
MUTED
47
Profitability
DECENT
68
Technicals
NEUTRAL
55
Risk
MODERATE
52
Key Stats
TTM PE
6.62
P/B
0.82
52W HIGH
₹135.15
OFF HIGH
-13.25%
DIV YIELD
2.82%
MKT CAP
₹134654 Cr
◉ Active Signals
MACDNeutral-0.2473
RSI(14)Bullish60.5
Street Consensus
17 analysts₹119.71
mean target
Low ₹88.0Now ₹117.24High ₹135.0
⧉ Strategy Fit 🔒