# PNB share price today (Punjab National Bank, NSE: PNB)

> PNB share price today: ₹120.97 at the NSE close on 3 November 2026, down 1.6% in a year. Punjab National Bank (NSE: PNB) is worth ₹1,38,861 crore, trades at a P/BV of 0.9 and has closed between ₹102.05 and ₹132.36 over the past 52 weeks. > Punjab National Bank's share price has fallen more than its earnings. Earnings per share fell 0.5% in a year while the price moved −1.6%. PNB · Banks - PSU · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/punjab-national-bank

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹120.97 (−1.6% in a year)
- P/BV: 0.9× (higher than 75% of the last 11 years)
- Revenue (Sep 2026): ₹35,267 Cr (+8.5% on a year ago)
- Profit (Sep 2026): ₹5,918 Cr (+15.6% on a year ago)
- Net margin: 16.8% (+1.0 points on a year ago)
- ROE: 13%, FY26
- ROA: 1.13%, latest

The main question: foreign institutions moved −1.8 percentage points over 8 quarters while the business went the other way. ## What is the PNB share price today? Punjab National Bank's share price was ₹120.97 at the close on 3 November 2026. It has been rising for 7 weeks. That is 6.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹102 and ₹132, and at that close it sat 62% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 17 weeks in a row. Over the last 11 years the share price moved +67% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at PNB this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), highest quarterly profit in 16 quarters and profit up on a year earlier for 5 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹35,267 crore, +8.5% on a year earlier. Why: The bank made more loans, with retail, farm and small business lending all growing. That lifted the income it earns from loans. Next results: check whether central bank rate changes pass through and low paying loans are replaced, which management expects to widen the gap between loan income and deposit cost. From the earnings call on 16 Oct 2026. 2. Highest quarterly profit in 16 quarters Profit of ₹5,918 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Profit rose because the bank earned more from its main business and the gap between loan income and deposit cost recovered. From the earnings call on 16 Oct 2026. 3. Profit up on a year earlier for 5 quarters in a row In the September 2026 quarter profit was ₹5,918 crore, +15.6% on a year earlier. Why: Profit rose because deposit costs fell and old low paying loans were replaced with new higher paying ones, which widened the gap between loan income and deposit cost. From the earnings call on 16 Oct 2026. ## What dividend does PNB pay? PNB paid ₹3 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 2.48% at the ₹120.97 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 12 June 2026. ### PNB dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 12 Jun 2026 | ₹3 | Dividend | 13 Jun 2026 |
| 20 Jun 2025 | ₹2.90 | Dividend | same day |
| 21 Jun 2024 | ₹1.50 | Dividend | 22 Jun 2024 |
| 23 Jun 2023 | ₹0.65 | Dividend | n/a |
| 22 Jun 2022 | ₹0.64 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Punjab National Bank paid out 19% of its profit as dividends in FY26, and it paid a dividend in 7 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What are PNB's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), PNB reported total income of ₹35,267 crore, up 8.5% from ₹32,513 crore a year earlier, and a profit of ₹5,918 crore, up 15.6% from ₹5,121 crore. ### PNB results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹35,267 crore | ₹32,513 crore | +8.5% |
| Profit | ₹5,918 crore | ₹5,121 crore | +15.6% |
| Earnings per share | ₹5.13 | ₹4.46 | +15.0% |
| Net margin | 16.8% | 15.8% | +1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). PNB's management discussed these results on a call held on 16 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the PNB share price history? PNB closed at ₹120.97 on 3 November 2026, down 1.6% from ₹122.89 a year earlier (31 October 2025) and up 188.7% over five years. Its highest weekly close since February 2016 was ₹207.80 on 3 November 2017. ### PNB share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹120.37 | +0.5% |
| 1 month ago · 1 Oct 2026 | ₹109.57 | +10.4% |
| 6 months ago · 30 Apr 2026 | ₹109.36 | +10.6% |
| 1 year ago · 31 Oct 2025 | ₹122.89 | −1.6% |
| 3 years ago · 3 Nov 2023 | ₹74.75 | +61.8% |
| 5 years ago · 4 Nov 2021 | ₹41.90 | +188.7% |
| 10 years ago · 4 Nov 2016 | ₹131.65 | −8.1% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹72.50 | +66.9% |
| Highest weekly close since February 2016 · 3 Nov 2017 | ₹207.80 | −41.8% |
| Lowest weekly close since February 2016 · 22 May 2020 | ₹26.65 | +353.9% |
| 52-week high (weekly close) · 16 Jan 2026 | ₹132.36 | −8.6% |
| 52-week low (weekly close) · 15 May 2026 | ₹102.05 | +18.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on PNB? 3 Nov 2026: PNB closed at ₹120.97, up 0.5% on the week and up 10.4% on the month. 16 Oct 2026: PNB held its results call for July to September 2026. Management guided: FY27 global NIM 2.6-2.7% and NII growth 7%; Q3 global NIM expected to add 7-9 basis points. ### Earlier

- Results for July to September 2026: Total income up 8.5% and profit up 15.6% on a year earlier. - 12 Jun 2026: ex-date for a dividend of ₹3 a share, record date 13 Jun 2026. ## What did PNB management say on the latest results call? On the call for July to September 2026, held on 16 October 2026, PNB's management guided: FY27 global NIM 2.6-2.7% and NII growth 7%; Q3 global NIM expected to add 7-9 basis points. > “I am expecting a further addition of around 7 to 9 basis points in this particular quarter.”
> Ashok Chandra, on the call for July to September 2026

### What management guided

- Deposit growth planned at 8-9%, with no deposit-rate change planned this month. - ECL transition loan-book requirement around ₹8,000 crore, with about ₹5,000 crore still needed after current provisions; HTM excluded. - FY27 recoveries ₹12,000-13,000 crore; next-year goal around ₹12,000 crore as recoveries decline. - Ongoing credit cost 25-30 basis points, RoA above 1.0%, and RoE 15-17% minimum. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4444/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 16 October 2026.)

## What to watch in PNB's next results? When PNB reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 global NIM delivery against the stated uplift; check repo pass-through and replacement of low-yield advances. - What to check (from the call)
- Q3 global NIM delivery against the stated uplift; check repo pass-through and replacement of low-yield advances. - FY27 recovery execution against the narrowed range; track conversion of pending workouts into cash. - Agricultural SMA and slippage trends in drought-affected districts; check for restructuring or fresh delinquency signals. - ECL transition provisioning and RBI resolution of HTM treatment; track buffer use and further provisioning. ## Which stock lists is PNB on? PNB is on 4 of our India lists: Undervalued stocks, Momentum stocks, Dividend stocks and Bank stocks. - [Undervalued stocks Profit growth x: 1.3402688486265342](https://www.sectoralpha.in/markets/in/deep-value-stocks)
- [Momentum stocks Market cap cr: 141432.35213675213](https://www.sectoralpha.in/momentum-stocks-india)
- [Dividend stocks Regular dividend yield (%): 2.44](https://www.sectoralpha.in/dividend-stocks-india)
- [Bank stocks Market value (₹ crore): 141432.35213675213](https://www.sectoralpha.in/sectors/bank-stocks-india)

## Is PNB profitable? Punjab National Bank earned ₹5,918 Cr of net profit in the Sep 2026 quarter, +15.6% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹18,467 Cr. That is 16.8% of the quarter's revenue. The same quarter a year earlier earned ₹5,121 Cr. For the full year, FY26 profit was ₹18,467 Cr (−0.5% on the year before). Why profit moved: revenue changed +8.5% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +53.1% and revenue +3.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does PNB make, and is it growing? Punjab National Bank reported ₹35,267 Cr of income in the Sep 2026 quarter, +8.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 9.9% a year on average. The last full year, FY26, came in at ₹1,30,772 Cr. The last four reported quarters add to ₹1,34,543 Cr. FY26 revenue was ₹1,30,772 Cr, +5.5% on the year before. Recent pace: the last four quarters grew +3.9% on average, against 9.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.9%, against +7.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +34.0%, against +25.6% a year (accelerating). ## How much does PNB keep from what it earns? Punjab National Bank's net margin was 16.8% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −24.9% and 15.0%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of PNB's loans have gone bad? Punjab National Bank does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is PNB's loan book growing? Punjab National Bank's revenue was ₹1,30,772 Cr in FY26, +5.5% on the year before, so the loan book is growing. The latest quarter was +8.5% on a year earlier. The net margin on that income is 16.8%, +1.0 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is PNB's P/BV ratio, and how does it compare with its own history? Punjab National Bank's P/BV is 0.9×, near the high end of its own history: higher than 75% of past readings. Its usual P/BV (the middle reading) is 0.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −1.6%. The price ran ahead of book value, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +23.6% a year; about +10.1% a year came from book-value growth and about +13.5 percentage points from the multiple (the market paying more); over 10 years the price moved −0.8% a year; about −4.1% a year came from book-value growth and about +3.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the PNB business getting better or worse? Punjab National Bank's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 14.2%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## What is PNB management's track record? No significant issues found. (Checked 15 March 2026.)

## How much does PNB earn on its equity and assets? Punjab National Bank earned a return on equity of 13% in FY26. Its lowest yearly reading on file was −29% in FY18. On its assets, every ₹100 earned about ₹1.13, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does PNB have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the PNB shareholding pattern? Domestic institutions raised their stake in Punjab National Bank by 4.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 16.1% of the company. Foreign institutions moved −1.8 points over the same period, to 6.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +4.5 points over 8 quarters, to 16.1%; Foreign institutions: −1.8 points over 8 quarters, to 6.7%; Promoters: +0.0 points over 8 quarters, to 70.1%. Why the owners changed: foreign institutions moved −1.8 points and domestic institutions +4.5 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is PNB from balance-sheet trouble? For Punjab National Bank, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does PNB rank in its industry? 62.4 out of 100, rank 6 of 13 in Banks - PSU, with 73% of the evidence available. Punjab National Bank scores 62.4 out of 100 against the 13 companies it is compared with in Banks - PSU, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 25 + 12.3 + 13.1 + 12 = 62.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is PNB compared with? PNB ranks 6 of 13 Banks - PSU companies on the 4-Factor Sector Score, with 62.4 out of 100. 1. [Bank of Maharashtra](https://www.sectoralpha.in/stocks/bank-of-maharashtra) MAHABANK · turning · Most evidence points up · 100% evidence 78.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Income 16.5% · Profit 31.5% · 100% evidence Capital efficiency 24.1/25 · ROA 1.9% · ROE 22.6% · GNPA 1.3% · 100% evidence Valuation 10.4/20 · P/BV 1.67× · P/BV÷ROE 0.07 · 100% evidence Relative strength 16.2/20 · Lead over its industry 18.3% · Lead over NIFTY 500 15.8% · 1 year 37.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 28.2 + 24.1 + 10.4 + 16.2 = 78.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indian Overseas Bank](https://www.sectoralpha.in/stocks/indian-overseas-bank) IOB · quiet · Most evidence points up · 78% evidence 69.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.0/35 · Income 15.5% · Profit 51.3% · 100% evidence Capital efficiency 17.0/25 · ROA 1.4% · ROE 15.6% · GNPA n/a · 72% evidence Valuation 14.3/20 · P/BV 1.37× · P/BV÷ROE 0.09 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.8% · 1 year -28.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 30 + 17 + 14.3 + 8 = 69.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Indian Bank](https://www.sectoralpha.in/stocks/indian-bank) INDIANB · turning · Most evidence points up · 100% evidence 67.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 11.3% · Profit 17.2% · 100% evidence Capital efficiency 17.4/25 · ROA 1.3% · ROE 15.4% · GNPA 1.6% · 100% evidence Valuation 9.4/20 · P/BV 1.34× · P/BV÷ROE 0.09 · 100% evidence Relative strength 16.9/20 · Lead over its industry 8.1% · Lead over NIFTY 500 5.5% · 1 year 0.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.7 + 17.4 + 9.4 + 16.9 = 67.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Union Bank of India](https://www.sectoralpha.in/stocks/union-bank-of-india) UNIONBANK · leader · Most evidence points up · 93% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.1/35 · Income 1.3% · Profit 19% · 100% evidence Capital efficiency 17.4/25 · ROA 1.4% · ROE 15.7% · GNPA n/a · 72% evidence Valuation 12.5/20 · P/BV 0.98× · P/BV÷ROE 0.06 · 100% evidence Relative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 13.3% · 1 year 25.1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 18.1 + 17.4 + 12.5 + 18.9 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Bank of India](https://www.sectoralpha.in/stocks/bank-of-india) BANKINDIA · turning · Evidence leans up · 93% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Income 8.6% · Profit 29.8% · 100% evidence Capital efficiency 11.4/25 · ROA 1.1% · ROE 12.4% · GNPA n/a · 72% evidence Valuation 16.0/20 · P/BV 0.64× · P/BV÷ROE 0.05 · 100% evidence Relative strength 8.9/20 · Lead over its industry -1.9% · Lead over NIFTY 500 -4.3% · 1 year -5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.1 + 11.4 + 16 + 8.9 = 63.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Punjab National Bank this page PNB · leader · Evidence leans up · 73% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Income 3.9% · Profit 34% · 86% evidence Capital efficiency 12.3/25 · ROA 1.1% · ROE 13% · GNPA n/a · 72% evidence Valuation 13.1/20 · P/BV 0.88× · P/BV÷ROE 0.07 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 11.6% · 1 year 0% · 25% evidence · 12 of 12 weeks ahead Exact sum: 25 + 12.3 + 13.1 + 12 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Canara Bank](https://www.sectoralpha.in/stocks/canara-bank) CANBK · turning · Evidence leans up · 100% evidence 50.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Income 4% · Profit 16.1% · 100% evidence Capital efficiency 15.8/25 · ROA 1% · ROE 16.1% · GNPA 1.3% · 100% evidence Valuation 14.9/20 · P/BV 0.84× · P/BV÷ROE 0.05 · 100% evidence Relative strength 5.6/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -9.2% · 1 year -14.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.1 + 15.8 + 14.9 + 5.6 = 50.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [IDBI Bank Ltd](https://www.sectoralpha.in/stocks/idbi-bank-ltd) IDBI · losing its lead · Evidence leans down · 78% evidence 49.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.4/35 · Income 7% · Profit -10.6% · 100% evidence Capital efficiency 17.6/25 · ROA 1.9% · ROE 14.1% · GNPA n/a · 72% evidence Valuation 13.1/20 · P/BV 1.19× · P/BV÷ROE 0.08 · 100% evidence Relative strength 9.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -4.6% · 1 year -22.6% · 25% evidence · 6 of 12 weeks ahead Exact sum: 9.4 + 17.6 + 13.1 + 9.2 = 49.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 9. [Central Bank of India](https://www.sectoralpha.in/stocks/central-bank-of-india) CENTRALBK · turning · Evidence leans down · 85% evidence 48.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.5/35 · Income 12.4% · Profit 5.1% · 100% evidence Capital efficiency 8.8/25 · ROA 1% · ROE 11.9% · GNPA 2.4% · 100% evidence Valuation 18.2/20 · P/BV 0.62× · P/BV÷ROE 0.05 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.6% · 1 year -27.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.5 + 8.8 + 18.2 + 8.3 = 48.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [State Bank of India](https://www.sectoralpha.in/stocks/state-bank-of-india) SBIN · turning · Evidence leans down · 80% evidence 47.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.3/35 · Income 5.5% · Profit 8.6% · 67% evidence Capital efficiency 14.5/25 · ROA 1.1% · ROE 15.4% · GNPA n/a · 68% evidence Valuation 11.3/20 · P/BV 1.43× · P/BV÷ROE 0.09 · 100% evidence Relative strength 9.0/20 · Lead over its industry 0.8% · Lead over NIFTY 500 -1.7% · 1 year 2.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 12.3 + 14.5 + 11.3 + 9 = 47.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Bank of Baroda](https://www.sectoralpha.in/stocks/bank-of-baroda) BANKBARODA · turning · Evidence leans down · 78% evidence 40.1 out of 100 Growth Capital Valuation Relative
12. [UCO Bank](https://www.sectoralpha.in/stocks/uco-bank) UCOBANK · basing · Evidence leans down · 100% evidence 38.1 out of 100 Growth Capital Valuation Relative
13. [Punjab & Sind Bank](https://www.sectoralpha.in/stocks/punjab-sind-bank) PSB · quiet · Evidence leans down · 94% evidence 36.4 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - PSU](https://www.sectoralpha.in/sectors/banks-psu), all 13 compared on one page. ## Which companies are close to PNB in size? PNB is the 3rd largest of 13 Banks - PSU companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: State Bank of India and Union Bank of India. Just below it: Bank of Baroda, Indian Bank, Canara Bank and IDBI Bank. ### Banks - PSU companies close in size

1. [State Bank of India](https://www.sectoralpha.in/stocks/state-bank-of-india) ₹8,87,861 crore
2. [Union Bank of India](https://www.sectoralpha.in/stocks/union-bank-of-india) ₹1,41,985 crore
3. Punjab National Bank ₹1,41,191 crore
4. [Bank of Baroda](https://www.sectoralpha.in/stocks/bank-of-baroda) ₹1,23,389 crore
5. [Indian Bank](https://www.sectoralpha.in/stocks/indian-bank) ₹1,16,580 crore
6. [Canara Bank](https://www.sectoralpha.in/stocks/canara-bank) ₹1,06,616 crore
7. [IDBI Bank Ltd](https://www.sectoralpha.in/stocks/idbi-bank-ltd) ₹86,363 crore

[All 13 Banks - PSU companies, largest first](https://www.sectoralpha.in/sectors/banks-psu#all-companies)

### Companies close in size in other industries

1. [BSE Ltd](https://www.sectoralpha.in/stocks/bse-ltd) ₹1,43,184 crore · Exchanges
2. [Union Bank of India](https://www.sectoralpha.in/stocks/union-bank-of-india) ₹1,41,985 crore · Banks - PSU
3. Punjab National Bank ₹1,41,191 crore
4. [Vedanta Aluminium Metal Ltd](https://www.sectoralpha.in/stocks/vedanta-aluminium-metal-ltd) ₹1,39,386 crore
5. [Bosch Ltd](https://www.sectoralpha.in/stocks/bosch-ltd) ₹1,39,222 crore · Auto Ancillaries - Diversified

## What else do people ask about PNB? ### What is PNB's share price today? Punjab National Bank's share price is ₹120.97, −1.6% over the past year. The whole company is worth ₹1,38,861 Cr on the market. In the last 52 weeks it traded between ₹102 to ₹132; today it is 62% of the way up from the low, 6.3% above its 200-day average (as of 3 November 2026). ### What were PNB's latest quarterly results? Punjab National Bank reported total income of ₹35,267 Cr and net profit of ₹5,918 Cr for the Sep 2026 quarter. Income rose 8.5% and profit rose 15.6% compared with a year earlier. Earnings per share were ₹5.13. The net margin was 16.8%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is PNB's market cap? Punjab National Bank's market capitalisation is ₹1,38,861 Cr at a share price of ₹120.97. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is PNB performing? Punjab National Bank's share price has been rising for 7 weeks. In its latest quarter, income rose 8.5% and profit rose 15.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 17 weeks running (as of 3 November 2026). ### Will PNB's share price go up? This page does not forecast Punjab National Bank's share price. What it shows instead: the share price is ₹120.97, and it has been rising for 7 weeks. Its P/BV of 0.9× is higher than 75% of its own last 11 years (as of 3 November 2026). ### Who owns PNB? Promoters own 70.1% of Punjab National Bank, foreign institutions 6.7%, domestic institutions 16.1% and the public 7.1% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 4.5 percentage points over 8 quarters (as of 3 November 2026). ### Where is PNB in its business cycle? Punjab National Bank's FY26 net margin was 14.1%, against a 13-year range of −24.9% to 15.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 16.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the PNB story? The main question: foreign institutions moved −1.8 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is PNB a stock worth studying right now? What the numbers show: Punjab National Bank's share price has fallen more than its earnings. Earnings per share fell 0.5% in a year while the price moved −1.6%. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a PNB share price forecast for 2026? What management itself guided: FY27 global NIM 2.6-2.7% and NII growth 7%; Q3 global NIM expected to add 7-9 basis points. ### Where does this page get PNB's management information? From PNB's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

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