NSEI:PSB

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Punjab & Sind Bank

Executive Summary

Punjab & Sind Bank provides various banking and financial products and services in India. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Punjab & Sind Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PSB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

PSB

-1.7%

IN Banks

-1.3%

IN Market


1 Year Return

-48.7%

PSB

-25.6%

IN Banks

-2.5%

IN Market

Return vs Industry: PSB underperformed the Indian Banks industry which returned -25.6% over the past year.

Return vs Market: PSB underperformed the Indian Market which returned -2.5% over the past year.


Shareholder returns

PSBIndustryMarket
7 Day-2.8%-1.7%-1.3%
30 Day-4.5%10.5%1.6%
90 Day-20.9%8.6%6.0%
1 Year-48.7%-48.7%-25.6%-25.6%-0.7%-2.5%
3 Year-79.9%-79.9%-40.4%-40.9%-4.5%-9.2%
5 Year-71.0%-71.9%-10.6%-12.5%39.6%29.1%

Price Volatility Vs. Market

How volatile is Punjab & Sind Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Punjab & Sind Bank undervalued compared to its fair value and its price relative to the market?

0.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PSB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PSB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PSB is unprofitable, so we can't compare its PE Ratio to the IN Banks industry average.

PE vs Market: PSB is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PSB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PSB is good value based on its PB Ratio (0.1x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

How is Punjab & Sind Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Punjab & Sind Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Punjab & Sind Bank performed over the past 5 years?

-57.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PSB is currently unprofitable.

Growing Profit Margin: PSB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PSB is unprofitable, and losses have increased over the past 5 years at a rate of 57.6% per year.

Accelerating Growth: Unable to compare PSB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PSB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (4.6%).


Return on Equity

High ROE: PSB has a negative Return on Equity (-19.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is Punjab & Sind Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: PSB's Assets to Equity ratio (17.5x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if PSB has a sufficient allowance for bad loans.

Low Risk Liabilities: 94% of PSB's liabilities are made up of primarily low risk sources of funding.

Loan Level: PSB has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: PSB's Loans to Deposits ratio (67%) is appropriate.

Level of Bad Loans: PSB has a high level of bad loans (15.5%).


Next Steps

Dividend

What is Punjab & Sind Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PSB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PSB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PSB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PSB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PSB is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PSB's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

S. Krishnan (58 yo)

0.083

Tenure

Mr. S. Krishnan serves as the Managing Director, Chief Executive Officer and Director of Punjab & Sind Bank since September 03, 2020. He served as Executive Director at Canara Bank since April 01, 2020 unt ...


Leadership Team

NamePositionTenureCompensationOwnership
S. Krishnan
CEO, MD & Director0.083yrno datano data
Vinay Mehrotra
GM & CFO0.25yrno datano data
Saket Mehrotra
Company Secretary & Compliance Officer0.42yrno datano data
Dinesh Kumar
Chief Compliance Officer0.42yrno datano data
Subhash Ahuja
Chief Customer Service Officer4.5yrsno datano data
Amit Srivastava
Chief Risk Officer0.92yrno datano data
Ajit Das
Executive Director0.50yrno datano data
Ambrish Mishra
Chief Vigilance Officerno datano datano data

0.4yrs

Average Tenure

Experienced Management: PSB's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
S. Krishnan
CEO, MD & Director0.083yrno datano data
Ajit Das
Executive Director0.50yrno datano data
B. Vijayendra
RBI Nominee Director1.5yrs₹1.04mno data
Sewa Mehar
MOF Nominee Director6.08yrsno datano data
Madhu Dadu
Independent Non Official Part Time Director2.83yrs₹980.00kno data
Shailesh Ghedia
Independent Non Official Part Time Director2.83yrs₹1.01mno data
Charan Singh
Independent Non-Executive Chairman2.42yrs₹1.42mno data

2.4yrs

Average Tenure

59yo

Average Age

Experienced Board: PSB's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.4%.


Top Shareholders

Company Information

Punjab & Sind Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Punjab & Sind Bank
  • Ticker: PSB
  • Exchange: NSEI
  • Founded: 1908
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹7.424b
  • Shares outstanding: 701.05m
  • Website: https://www.psbindia.com

Number of Employees


Location

  • Punjab & Sind Bank
  • 21-Rajendra Place
  • 1st Floor
  • New Delhi
  • Delhi
  • 110008
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533295BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2010
PSBNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2010

Biography

Punjab & Sind Bank provides various banking and financial products and services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:52
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.