Valuation Punjab National Bank

Equities

Market Closed - NSE India S.E. Other stock markets 05:10:30 11/09/2024 pm IST			5-day change	1st Jan Change
107.46 ^INR	-1.94%		-7.03%	+12.23%

08/09	FinMin Clears Decks for Punjab National Bank, Bank of Maharashtra to Raise INR 100,000 Million Via QIP in FY25	CI
13/08	India easing perpetual bond valuation norm set to revive market	RE

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,17,960	3,84,007	3,85,936	5,13,113	13,69,770	11,83,244	-	-
Change	-	76.18%	0.5%	32.95%	166.95%	-13.62%	-	-
Enterprise Value (EV)	2,17,960	3,84,007	3,85,936	5,13,113	13,69,770	11,83,244	11,83,244	11,83,244
Change	-	76.18%	0.5%	32.95%	166.95%	-13.62%	0%	0%
P/E ratio	52.2x	17.6x	11.1x	20.4x	16.6x	8.64x	7.45x	6.44x
PBR	0.35x	0.42x	0.4x	0.51x	1.29x	1.04x	0.93x	0.81x
PEG	-	0x	0.2x	-0.7x	0x	0.1x	0.5x	0.4x
Capitalization / Revenue	0.82x	0.89x	0.94x	1.1x	2.56x	2.07x	1.89x	1.79x
EV / Revenue	0x	0x	0x	0x	0x	2.07x	1.89x	1.79x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.24x	3.77x	3.54x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	0.64	0.65	1.5	2.407	2.847	3.15
Rate of return	-	-	1.83%	1.39%	1.21%	2.24%	2.65%	2.93%
EPS ²	0.62	2.08	3.16	2.28	7.49	12.44	14.42	16.68
Distribution rate	-	-	20.3%	28.5%	20%	19.3%	19.7%	18.9%
Net sales ¹	2,67,119	4,32,888	4,10,144	4,66,342	5,34,666	5,72,565	6,25,724	6,61,546
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	1,47,386	2,29,801	2,07,618	2,25,288	2,49,308	2,79,390	3,13,642	3,33,786
Net income ¹	3,362	20,216	34,570	25,072	82,446	1,39,176	1,61,625	1,87,171
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	32.35	36.65	35.05	46.60	124.40	107.46	107.46	107.46
Nbr of stocks (in thousands)	67,37,566	1,04,77,682	1,10,11,016	1,10,11,016	1,10,11,016	1,10,11,016	-	-
Announcement Date	19/06/20	04/06/21	11/05/22	19/05/23	09/05/24	-	-	-

¹INR in Million²INR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PUNJAB NATIONAL BANK	8.81x	-	-	+2.20%	1.44TCr
JPMORGAN CHASE & CO.	11.5x	-	-	+2.34%	58TCr
BANK OF AMERICA CORPORATION	12.06x	-	-	+2.54%	30TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	3.91x	-	-	+7.91%	26TCr
WELLS FARGO & COMPANY	10.63x	-	-	+2.79%	18TCr
BANK OF CHINA LIMITED	4.14x	-	-	+7.67%	18TCr
CHINA CONSTRUCTION BANK CORPORATION	3.8x	-	-	+8.00%	18TCr
ROYAL BANK OF CANADA	15.05x	-	-	+3.37%	17TCr
COMMONWEALTH BANK OF AUSTRALIA	24.84x	-	-	+3.28%	16TCr
HSBC HOLDINGS PLC	6.75x	-	-	+9.94%	15TCr
Average	10.15x	-	-	+5.00%	21.9TCr
Weighted average by Cap.	10.28x	-	-	+4.64%