Is Pun. & Sind Bank overvalued or undervalued?

As of 17 October 2025, the valuation grade for Pun. & Sind Bank has moved from fair to very attractive, indicating a significant positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 18.23, a PEG ratio of 0.28, and a price to book value of 0.15, which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Pun. & Sind Bank's valuation stands out, particularly against SBI, which is classified as very expensive with a PE ratio of 11.24, and Punjab National Bank, which is rated fair with a PE of 8.68. The low PEG ratio of 0.28 further emphasizes the attractiveness of Pun. & Sind Bank in the current market. Despite recent underperformance relative to the Sensex, particularly in the year-to-date and one-year returns, the long-term performance over three and five years shows a strong recovery, reinforcing the case for its undervaluation.