Is Pun. & Sind Bank overvalued or undervalued?

As of 17 October 2025, Pun. & Sind Bank's valuation grade has moved from fair to very attractive, indicating a significant improvement in its perceived value. The bank is currently assessed as undervalued, especially when considering its price-to-earnings (PE) ratio of 18.23, a price-to-book value of 0.15, and a PEG ratio of 0.28, which suggest that the stock is trading at a low relative valuation compared to its growth potential.
In comparison to its peers, Pun. & Sind Bank stands out with its attractive valuation metrics, particularly when contrasted with State Bank of India, which is deemed very expensive with a PE of 11.24, and Punjab National Bank, which is rated fair with a PE of 8.68. Despite recent underperformance against the Sensex, with a year-to-date return of -37.77% compared to the Sensex's 7.44%, the bank's strong valuation ratios and improvements in its grade suggest that it may present a compelling investment opportunity moving forward.