PNB Stock Price Analysis and Quick Research Report. Is PNB an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how PNB is performing and if it is the right time to buy the stock of PNB with detailed analysis. PNB stock price today is Rs 106.61.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. PNB has earned Rs 121760.727 Cr. revenue in the latest financial year. PNB has posted outstanding revenue growth of 17.592779858717 % in last 3 Years.

• In terms of advances, PNB reported 15.3081 % YOY,  rise . If you see 3 years advance growth, it stands at 13.9519162470777 %.

• Currently, PNB has a CASA ratio of 36.6101 %. It’s overall cost of liability stands at 4.7854 %. Also, the total deposits from these accounts stood at Rs 1566623.283 Cr.

• PNB has a average ROA track record. The ROA of PNB is at 0.984 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of PNB stood at 3.95 % and 0.4 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -85.7318319189109 % which means it has decreased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of PNB surged and is currently at Rs 16309.3713 Cr.

• PNB has a Good Capital Adequacy Ratio of 17.01 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently PNB is trading at a P/B of 1.0286 . The historical average PB was 0.756075596953585.

• Share Price: - The current share price of PNB is Rs 106.61. One can use valuation calculators of ticker to know if PNB share price is undervalued or overvalued.