PNB Share Price History from 2002 to 2023

In this article, you will find the details of PNB Share Price History. Additionally, we will provide important fundamental details about PNB Shares.

PNB Share Price History

The journey of Punjab National Bank (PNB) over the past two decades reflects a rollercoaster ride of highs and lows. In 2002, PNB’s stock was valued at ₹14.58, marking the starting point of its financial tale.

However, over the years, the bank witnessed remarkable transformations. In 2003, the stock’s value skyrocketed to ₹48.27, a staggering 231% increase, reflecting the bank’s growth. PNB continued its upward trajectory in 2004, with a stock price of ₹81.04, showcasing a 67.8% growth rate.

In the years that followed, PNB navigated through economic ups and downs. It reached a pinnacle in 2014 when its stock price hit ₹219.10, representing a remarkable 74.8% YoY growth. Nevertheless, the years that ensued brought challenging times. In 2020, PNB’s stock price fell to ₹33.05, a 48.7% decline.

However, the bank regained its momentum, and in 2023, the stock price stood at ₹75.90, showcasing a promising 34.4% YoY growth. This journey underscores PNB’s resilience and ability to weather financial storms while steadily progressing towards growth and stability.

Also Read: Kalyan Jewellers Share Price History

About PNB

Punjab National Bank (PNB), one of India’s leading public sector banks, has a rich history that spans over a century. Established in 1894, PNB has been a pillar of the country’s banking sector and has played a significant role in the nation’s economic development.

With a commitment to providing financial services to diverse population segments, PNB has grown into a formidable banking institution.

PNB’s journey has been marked by periods of growth and adaptation. The bank has expanded its footprint, both nationally and internationally, with a presence in numerous countries. PNB’s services encompass a wide range of banking and financial products, catering to the needs of retail and corporate customers.

Over the years, the bank has demonstrated resilience in the face of economic challenges and has shown a dedication to fostering financial inclusion and economic progress. As PNB continues to evolve and adapt to changing times, its legacy as a trusted banking partner remains intact, underpinned by a commitment to customer satisfaction and financial excellence.

Fundamentals of PNB

Here are some primary fundamental data about PNB (until 2023):

Market Capitalization (Market Cap):

Punjab National Bank (PNB) commands a substantial market capitalization of ₹83,849 Crores, signifying its size and importance within the financial sector. This metric indicates the bank’s overall worth in the stock market.

Financial Health:

PNB exhibits a reasonable level of financial health with a Debt-to-Equity ratio of 13.2. While the bank carries significant debt, it also demonstrates the capacity to meet its financial obligations. The bank’s Return on Capital Employed (ROCE) is 4.10%, and its Return on Equity (ROE) is 3.34%. These metrics help gauge the bank’s profitability and efficiency in utilizing its capital.

Dividend Yield:

PNB offers a Dividend Yield of 0.87%. This indicates the bank’s commitment to returning value to its shareholders through dividends.

Promoter Holding:

Most PNB’s ownership rests with its promoters, holding 73.2%. This level of promoter ownership signifies a significant vested interest in the bank’s performance and governance.

Book Value and Earnings Per Share:

The bank’s Book Value per share is ₹93.4, reflecting the net asset value of each share. The Earnings Per Share (EPS) is ₹5.36, indicating the earnings generated per share.

In summary, Punjab National Bank is a prominent player in the Indian banking sector, boasting a sizable market capitalization and a substantial promoter holding. Despite carrying significant debt, the bank maintains reasonable financial health and a commitment to shareholders through dividend payments. The stock is selling at a suitable valuation, as indicated by the P/E ratio, making it an attractive option for investors looking to be part of the Indian banking industry.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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