Punjab National Bank (PNB) - Net Assets

Latest as of March 2026: Rs1.51 Trillion INR ≈ $16.29 Billion USD

Based on the latest financial reports, Punjab National Bank (PNB) has net assets worth Rs1.51 Trillion INR (≈ $16.29 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs20.33 Trillion ≈ $219.90 Billion USD) and total liabilities (Rs18.83 Trillion ≈ $203.60 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PNB tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs1.51 Trillion
% of Total Assets 7.41%
Annual Growth Rate 14.55%
5-Year Change 53.65%
10-Year Change 242.84%
Growth Volatility 11.83

Punjab National Bank - Net Assets Trend (2005–2026)

This chart illustrates how Punjab National Bank's net assets have evolved over time, based on quarterly financial data. See Punjab National Bank defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Punjab National Bank (2005–2026)

The table below shows the annual net assets of Punjab National Bank from 2005 to 2026. For live valuation and market cap data, see Punjab National Bank (PNB) total market value.

Year Net Assets Change
2026-03-31 Rs1.51 Trillion
≈ $16.29 Billion		 +12.63%
2025-03-31 Rs1.34 Trillion
≈ $14.47 Billion		 +20.57%
2024-03-31 Rs1.11 Trillion
≈ $12.00 Billion		 +7.36%
2023-03-31 Rs1.03 Trillion
≈ $11.18 Billion		 +5.39%
2022-03-31 Rs980.55 Billion
≈ $10.60 Billion		 +5.41%
2021-03-31 Rs930.21 Billion
≈ $10.06 Billion		 +44.81%
2020-03-31 Rs642.37 Billion
≈ $6.95 Billion		 +41.12%
2019-03-31 Rs455.18 Billion
≈ $4.92 Billion		 +5.16%
2018-03-31 Rs432.85 Billion
≈ $4.68 Billion		 -1.50%
2017-03-31 Rs439.45 Billion
≈ $4.75 Billion		 +3.32%
2016-03-31 Rs425.33 Billion
≈ $4.60 Billion		 -0.13%
2015-03-31 Rs425.88 Billion
≈ $4.61 Billion		 +10.57%
2014-03-31 Rs385.16 Billion
≈ $4.17 Billion		 +10.57%
2013-03-31 Rs348.35 Billion
≈ $3.77 Billion		 +17.94%
2012-03-31 Rs295.35 Billion
≈ $3.19 Billion		 +28.89%
2011-03-31 Rs229.16 Billion
≈ $2.48 Billion		 +21.06%
2010-03-31 Rs189.30 Billion
≈ $2.05 Billion		 +20.57%
2009-03-31 Rs157.00 Billion
≈ $1.70 Billion		 +18.81%
2008-03-31 Rs132.14 Billion
≈ $1.43 Billion		 +18.16%
2007-03-31 Rs111.83 Billion
≈ $1.21 Billion		 +10.39%
2006-03-31 Rs101.30 Billion
≈ $1.10 Billion		 +16.45%
2005-03-31 Rs87.00 Billion
≈ $940.82 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Punjab National Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs22.99 Billion 1.53%
Other Components Rs1.48 Trillion 98.47%
Total Equity Rs1.50 Trillion 100.00%

Punjab National Bank Competitors by Market Cap

The table below lists competitors of Punjab National Bank ranked by their market capitalization.

Company Market Cap
CVC Capital Partners PLC
AS:CVC
 $13.65 Billion
IES Holdings Inc
NASDAQ:IESC
 $13.65 Billion
Nanya New Material Technology Co Ltd
SHG:688519
 $13.66 Billion
Britannia Industries Limited
NSE:BRITANNIA
 $13.66 Billion
EIFFAGE S.A.ADR 1/5/EO 4
F:EF30
 $13.62 Billion
Eiffage SA
PA:FGR
 $13.61 Billion
Advanced Energy Industries Inc
NASDAQ:AEIS
 $13.59 Billion
Schindler Ps
SW:SCHP
 $13.58 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Punjab National Bank's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 1,331,379,600,000 to 1,499,722,200,000, a change of 168,342,600,000 (12.6%).
  • Net income of 183,926,900,000 contributed positively to equity growth.
  • Dividend payments of 33,249,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 742,141,100,000.
  • Other factors increased equity by 759,805,800,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs183.93 Billion +12.26%
Dividends Paid Rs33.25 Billion -2.22%
Other Comprehensive Income Rs-742.14 Billion -49.49%
Other Changes Rs759.81 Billion +50.66%
Total Change Rs- 12.64%

Book Value vs Market Value Analysis

This analysis compares Punjab National Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.84x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 12.07x to 0.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs9.08 Rs109.58 x
2006-03-31 Rs10.59 Rs109.58 x
2007-03-31 Rs11.70 Rs109.58 x
2008-03-31 Rs13.84 Rs109.58 x
2009-03-31 Rs16.47 Rs109.58 x
2010-03-31 Rs19.80 Rs109.58 x
2011-03-31 Rs23.94 Rs109.58 x
2012-03-31 Rs30.92 Rs109.58 x
2013-03-31 Rs36.49 Rs109.58 x
2014-03-31 Rs40.33 Rs109.58 x
2015-03-31 Rs44.51 Rs109.58 x
2016-03-31 Rs218.94 Rs109.58 x
2017-03-31 Rs210.23 Rs109.58 x
2018-03-31 Rs191.60 Rs109.58 x
2019-03-31 Rs48.19 Rs109.58 x
2020-03-31 Rs67.63 Rs109.58 x
2021-03-31 Rs95.34 Rs109.58 x
2022-03-31 Rs89.14 Rs109.58 x
2023-03-31 Rs93.43 Rs109.58 x
2024-03-31 Rs100.25 Rs109.58 x
2025-03-31 Rs118.29 Rs109.58 x
2026-03-31 Rs130.46 Rs109.58 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Punjab National Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 12.26%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.30%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 13.56x
  • Recent ROE (12.26%) is above the historical average (7.45%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 16.32% 13.71% 0.08x 14.94x Rs5.42 Billion
2006 15.32% 13.87% 0.07x 14.83x Rs5.32 Billion
2007 14.75% 12.36% 0.08x 15.03x Rs5.25 Billion
2008 16.85% 13.23% 0.08x 15.58x Rs8.96 Billion
2009 20.55% 14.12% 0.09x 16.30x Rs16.41 Billion
2010 21.24% 15.62% 0.08x 16.23x Rs21.02 Billion
2011 20.23% 14.74% 0.08x 17.08x Rs23.13 Billion
2012 17.21% 12.11% 0.09x 16.11x Rs21.05 Billion
2013 14.37% 10.48% 0.10x 14.41x Rs15.07 Billion
2014 9.50% 7.40% 0.09x 15.09x Rs-1.92 Billion
2015 8.09% 6.19% 0.09x 15.13x Rs-8.04 Billion
2016 -8.83% -6.48% 0.08x 17.05x Rs-78.70 Billion
2017 2.75% 2.07% 0.08x 16.99x Rs-31.29 Billion
2018 -28.51% -21.03% 0.07x 18.34x Rs-163.62 Billion
2019 -21.02% -16.54% 0.07x 17.34x Rs-141.22 Billion
2020 0.69% 0.68% 0.08x 13.33x Rs-59.49 Billion
2021 2.77% 2.71% 0.07x 13.83x Rs-66.91 Billion
2022 3.96% 4.39% 0.07x 13.72x Rs-58.97 Billion
2023 3.25% 3.39% 0.07x 14.52x Rs-69.40 Billion
2024 8.25% 7.36% 0.08x 14.48x Rs-19.31 Billion
2025 13.88% 13.16% 0.08x 13.95x Rs51.66 Billion
2026 12.26% 12.30% 0.07x 13.56x Rs33.95 Billion

Industry Comparison

This section compares Punjab National Bank's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $105,668,636,200
  • Average return on equity (ROE) among peers: 7.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Punjab National Bank (PNB) Rs1.51 Trillion 16.32% 12.50x $13.62 Billion
AU Small Finance Bank Limited (AUBANK) $7.66 Billion 18.19% 4.19x $8.30 Billion
Bandhan Bank Limited (BANDHANBNK) $44.46 Billion 25.01% 5.80x $3.73 Billion
Bank of Baroda (BANKBARODA) $218.99 Billion 20.25% 15.72x $15.83 Billion
Bank of India (BANKINDIA) $369.16 Billion -16.15% 15.66x $7.27 Billion
Canara Bank (CANBK) $328.59 Billion -7.93% 16.16x $13.24 Billion
Capital Small Finance Bank Limited (CAPITALSFB) $2.50 Billion 7.76% 16.26x $142.52 Million
Central Bank of India (CENTRALBK) $18.68 Billion 17.14% 29.40x $3.24 Billion
CSB Bank Limited (CSBBANK) $9.74 Billion -20.27% 15.89x $673.57 Million
City Union Bank Limited (CUB) $16.41 Billion 19.63% 13.00x $1.59 Billion
DCB Bank Limited (DCBBANK) $40.49 Billion 7.10% 10.07x $647.71 Million

About Punjab National Bank

NSE:PNB India Banks - Regional
Market Cap
$13.62 Billion
Rs1.26 Trillion INR
Market Cap Rank
#1768 Global
#64 in India
Share Price
Rs109.58
Change (1 day)
+0.65%
52-Week Range
Rs99.49 - Rs132.36
All Time High
Rs203.93
Categories
Companies in India Banks - Regional Banking & Financial
About

Punjab National Bank provides various banking and financial products and services in India and internationally. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers personal banking products and services, including saving fund accounts, current accounts, fixed deposit, and capital gain account and gold monetization sc… Read more