State Bank of India vs Punjab National Bank
An objective side-by-side of SBIN and PNB, both in Banks - Public Sector: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-05 close
Latest results: SBIN Sep 2026 · PNB Sep 2026
At a glance
- State Bank of India is the larger company by market value, about 6.4 times the size of Punjab National Bank.
- On trailing earnings, Punjab National Bank trades at the lower P/E (6.3 against 10.0).
- Punjab National Bank earns the higher return on equity (14.2% against 13.8%).
- Over three years Punjab National Bank has grown profits faster (76% a year against 14%).
- Over the past year the share prices returned +7.7% (SBIN) and +5.0% (PNB).
| Metric | State Bank SBIN |
Punjab National PNB |
|---|---|---|
| Size and price | ||
| Market cap | ₹928,984 Cr | ₹144,926 Cr |
| Share price | ₹1,006.40 | ₹126.10 |
| Valuation | ||
| P/E | 10.02 | 6.34 |
| P/B | 1.38 | 0.90 |
| PEG | 0.72 | 0.08 |
| Dividend yield | 1.7% | 2.4% |
| Profitability | ||
| ROE | 13.8% | 14.2% |
| Sales (TTM) | ₹734,545 Cr | ₹151,526 Cr |
| Net profit (TTM) | ₹92,705 Cr | ₹22,871 Cr |
| Growth | ||
| Latest quarter sales YoY | +6.7% | +5.7% |
| Latest quarter profit YoY | +19.7% | +15.2% |
| Sales CAGR 3Y | +14.0% | +15.0% |
| Profit CAGR 3Y | +14.0% | +76.0% |
| Sales CAGR 5Y | +13.0% | +10.0% |
| Profit CAGR 5Y | +30.0% | +48.0% |
| Financial strength | ||
| Gross NPA (banks) | 1.4% | 2.5% |
| Ownership | ||
| Promoter holding | 55.5% | 70.1% |
| Promoter change (4 qtrs) | -0.05 pp | +0.00 pp |
| Price performance | ||
| Return 1M | +4.97% | +12.67% |
| Return 3M | -4.61% | +11.05% |
| Return 1Y | +7.71% | +5.00% |
| Return YTD | +2.46% | +2.04% |
| Technical condition | ||
| Technical score | 70 | 88 |
| RS rating (1-99) | 58.00 | 73.00 |
| % vs 200-DMA | -3.11% | +10.49% |
| RSI (14) | 60.40 | 64.86 |
| % from 52-week high | -18.49% | -6.70% |
