PNB Housing Finance Limited

BSE:540173 Stock Report

Market Cap: ₹212.5b

PNB Housing Finance Valuation

Is 540173 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 540173 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹531.42
Fair Value
53.7% overvalued intrinsic discount
10
Number of Analysts

Below Fair Value: 540173 (₹816.95) is trading above our estimate of fair value (₹531.42)

Significantly Below Fair Value: 540173 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 540173?

Key metric: As 540173 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 540173. This is calculated by dividing 540173's market cap by their current earnings.
What is 540173's PE Ratio?
PE Ratio11.6x
Earnings₹18.25b
Market Cap₹212.49b

Price to Earnings Ratio vs Peers

How does 540173's PE Ratio compare to its peers?

The above table shows the PE ratio for 540173 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.7x
LICHSGFIN LIC Housing Finance
5.8x4.4%₹296.9b
AADHARHFC Aadhar Housing Finance
21.2x20.1%₹184.5b
AAVAS Aavas Financiers
26.2x20.2%₹147.6b
IIFL IIFL Finance
25.4x68.7%₹138.3b
540173 PNB Housing Finance
11.6x15.3%₹212.5b

Price-To-Earnings vs Peers: 540173 is good value based on its Price-To-Earnings Ratio (11.6x) compared to the peer average (19.7x).

Price to Earnings Ratio vs Industry

How does 540173's PE Ratio compare vs other companies in the IN Diversified Financial Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
500439 Vardhman Holdings
4.6xn/aUS$114.08m
GICHSGFIN GIC Housing Finance
4.9xn/aUS$101.40m
531310 Available Finance
2xn/aUS$24.48m
537069 Arnold Holdings
4.1xn/aUS$7.97m
540173 11.6xIndustry Avg. 24.3xNo. of Companies24PE020406080100+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 540173 is good value based on its Price-To-Earnings Ratio (11.6x) compared to the Indian Diversified Financial industry average (23.7x).

Price to Earnings Ratio vs Fair Ratio

What is 540173's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

540173 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.6x
Fair PE Ratio18.8x

Price-To-Earnings vs Fair Ratio: 540173 is good value based on its Price-To-Earnings Ratio (11.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 540173 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹816.95
₹1,159.90
+42.0%
12.2%₹1,350.00₹934.00n/a10
Mar ’26₹761.55
₹1,176.90
+54.5%
14.5%₹1,520.00₹934.00n/a10
Feb ’26₹893.50
₹1,186.90
+32.8%
14.2%₹1,520.00₹934.00n/a10
Jan ’26₹908.15
₹1,181.20
+30.1%
15.0%₹1,520.00₹887.00n/a10
Dec ’25₹892.05
₹1,181.20
+32.4%
15.0%₹1,520.00₹887.00n/a10
Nov ’25₹968.50
₹1,188.70
+22.7%
15.0%₹1,520.00₹887.00n/a10
Oct ’25₹974.00
₹1,049.50
+7.8%
22.4%₹1,520.00₹650.00n/a10
Sep ’25₹976.15
₹975.00
-0.1%
15.0%₹1,200.00₹650.00n/a10
Aug ’25₹809.55
₹964.44
+19.1%
15.6%₹1,200.00₹650.00n/a9
Jul ’25₹800.05
₹929.78
+16.2%
14.2%₹1,050.00₹650.00n/a9
Jun ’25₹722.15
₹914.75
+26.7%
14.5%₹1,025.00₹650.00n/a8
May ’25₹796.25
₹908.75
+14.1%
14.2%₹1,025.00₹650.00n/a8
Apr ’25₹749.55
₹883.86
+17.9%
15.5%₹1,025.00₹637.00n/a7
Mar ’25₹726.15
₹883.86
+21.7%
15.5%₹1,025.00₹637.00₹761.557
Feb ’25₹819.30
₹851.14
+3.9%
23.9%₹1,025.00₹408.00₹893.507
Jan ’25₹784.70
₹776.14
-1.1%
23.0%₹970.00₹408.00₹908.157
Dec ’24₹779.10
₹771.86
-0.9%
22.5%₹950.00₹408.00₹892.057
Nov ’24₹714.45
₹763.29
+6.8%
21.9%₹950.00₹408.00₹968.507
Oct ’24₹693.20
₹708.29
+2.2%
18.6%₹825.00₹408.00₹974.007
Sep ’24₹651.50
₹708.29
+8.7%
18.6%₹825.00₹408.00₹976.157
Aug ’24₹630.45
₹708.29
+12.3%
18.6%₹825.00₹408.00₹809.557
Jul ’24₹567.50
₹569.71
+0.4%
16.7%₹720.00₹408.00₹800.057
Jun ’24₹537.85
₹556.86
+3.5%
14.1%₹650.00₹408.00₹722.157
May ’24₹444.65
₹569.71
+28.1%
18.4%₹750.00₹408.00₹796.257
Apr ’24₹513.40
₹591.14
+15.1%
19.5%₹750.00₹373.00₹749.557
Mar ’24₹598.90
₹591.14
-1.3%
19.5%₹750.00₹373.00₹726.157
Analyst Price Target
Consensus Narrative from 10 Analysts
₹1.16k
Fair Value
29.5% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/18 04:49
End of Day Share Price 2025/03/18 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PNB Housing Finance Limited is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amit JainAxis Capital Limited
null nullAxis Capital Limited
Praveen AgarwalAxis Capital Limited