Punjab National Bank (PNB) - Net Assets
Based on the latest financial reports, Punjab National Bank (PNB) has net assets worth Rs1.50 Trillion INR (≈ $16.18 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs19.76 Trillion ≈ $213.72 Billion USD) and total liabilities (Rs18.27 Trillion ≈ $197.54 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 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.50 Trillion |
| % of Total Assets | 7.57% |
| Annual Growth Rate | 14.64% |
| 5-Year Change | 43.8% |
| 10-Year Change | 214.5% |
| Growth Volatility | 12.11 |
Punjab National Bank - Net Assets Trend (2005–2025)
This chart illustrates how Punjab National Bank's net assets have evolved over time, based on quarterly financial data. Also explore PNB total assets for the complete picture of this company's asset base.
Annual Net Assets for Punjab National Bank (2005–2025)
The table below shows the annual net assets of Punjab National Bank from 2005 to 2025. For live valuation and market cap data, see Punjab National Bank (PNB) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 5695550000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs56.96 Billion | 4.28% |
| Common Stock | Rs22.99 Billion | 1.73% |
| Other Comprehensive Income | Rs742.14 Billion | 55.74% |
| Other Components | Rs509.30 Billion | 38.25% |
| Total Equity | Rs1.33 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 |
|---|---|
|
Raiffeisen Bank International AG
VI:RBI
|
$13.59 Billion |
|
Asustek Computer Inc
TW:2357
|
$13.60 Billion |
|
Pentair plc
STU:PNT
|
$13.61 Billion |
|
Eiffage SA
PA:FGR
|
$13.61 Billion |
|
TransUnion
NYSE:TRU
|
$13.58 Billion |
|
LATAM Airlines Group S.A.
NYSE:LTM
|
$13.57 Billion |
|
Ascendis Pharma AS
NASDAQ:ASND
|
$13.56 Billion |
|
Everest Group Ltd
NYSE:EG
|
$13.56 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 2024 to 2025, total equity changed from 1,103,867,300,000 to 1,331,379,600,000, a change of 227,512,300,000 (20.6%).
- Net income of 184,802,900,000 contributed positively to equity growth.
- Dividend payments of 16,516,500,000 reduced retained earnings.
- Share repurchases of 49,875,700,000 reduced equity.
- New share issuances of 49,875,700,000 increased equity.
- Other comprehensive income increased equity by 402,278,000,000.
- Other factors decreased equity by 343,052,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs184.80 Billion | +13.88% |
| Dividends Paid | Rs16.52 Billion | -1.24% |
| Share Repurchases | Rs49.88 Billion | -3.75% |
| Share Issuances | Rs49.88 Billion | +3.75% |
| Other Comprehensive Income | Rs402.28 Billion | +30.22% |
| Other Changes | Rs-343.05 Billion | -25.77% |
| Total Change | Rs- | 20.61% |
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: 0.92x
- 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 12.04x to 0.92x 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 | Rs109.36 | x |
| 2006-03-31 | Rs10.59 | Rs109.36 | x |
| 2007-03-31 | Rs11.70 | Rs109.36 | x |
| 2008-03-31 | Rs13.84 | Rs109.36 | x |
| 2009-03-31 | Rs16.47 | Rs109.36 | x |
| 2010-03-31 | Rs19.80 | Rs109.36 | x |
| 2011-03-31 | Rs23.94 | Rs109.36 | x |
| 2012-03-31 | Rs30.92 | Rs109.36 | x |
| 2013-03-31 | Rs36.49 | Rs109.36 | x |
| 2014-03-31 | Rs40.33 | Rs109.36 | x |
| 2015-03-31 | Rs44.51 | Rs109.36 | x |
| 2016-03-31 | Rs218.94 | Rs109.36 | x |
| 2017-03-31 | Rs210.23 | Rs109.36 | x |
| 2018-03-31 | Rs191.60 | Rs109.36 | x |
| 2019-03-31 | Rs48.19 | Rs109.36 | x |
| 2020-03-31 | Rs67.63 | Rs109.36 | x |
| 2021-03-31 | Rs95.34 | Rs109.36 | x |
| 2022-03-31 | Rs89.14 | Rs109.36 | x |
| 2023-03-31 | Rs93.43 | Rs109.36 | x |
| 2024-03-31 | Rs100.25 | Rs109.36 | x |
| 2025-03-31 | Rs118.29 | Rs109.36 | 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): 13.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 13.95x
- Recent ROE (13.88%) is above the historical average (7.22%), 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 |
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: $108,245,704,600
- Average return on equity (ROE) among peers: 6.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Punjab National Bank (PNB) | Rs1.50 Trillion | 16.32% | 12.21x | $13.59 Billion |
| AU Small Finance Bank Limited (AUBANK) | $62.75 Billion | 18.66% | 7.22x | $8.21 Billion |
| Bandhan Bank Limited (BANDHANBNK) | $216.10 Billion | 10.32% | 7.23x | $3.48 Billion |
| Bank of Baroda (BANKBARODA) | $133.71 Billion | 17.83% | 16.32x | $14.73 Billion |
| Bank of India (BANKINDIA) | $245.44 Billion | 28.81% | 17.60x | $6.89 Billion |
| Canara Bank (CANBK) | $254.09 Billion | 11.69% | 15.50x | $13.21 Billion |
| Capital Small Finance Bank Limited (CAPITALSFB) | $1.15 Billion | 11.96% | 16.87x | $136.92 Million |
| Central Bank of India (CENTRALBK) | $110.28 Billion | 11.92% | 18.04x | $3.57 Billion |
| CSB Bank Limited (CSBBANK) | $8.88 Billion | -5.98% | 16.74x | $699.76 Million |
| City Union Bank Limited (CUB) | $48.41 Billion | 14.11% | 8.35x | $2.17 Billion |
| DCB Bank Limited (DCBBANK) | $1.64 Billion | -51.93% | 21.79x | $649.92 Million |
About Punjab National Bank
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