Suryoday Small Finance Bank Adjusts Valuation Amidst Asset Quality Concerns

Suryoday Small Finance Bank has recently undergone a valuation adjustment, reflecting its current financial standing within the banking sector. The bank's price-to-earnings (PE) ratio stands at 22.65, while its price-to-book value is recorded at 0.74. The bank's return on equity (ROE) is at 3.28%, and the return on assets (ROA) is noted at 0.39%. Additionally, the net non-performing assets (NPA) to book value ratio is 20.62, indicating a significant level of asset quality concerns.
In comparison to its peers, Suryoday Small Finance Bank's valuation metrics present a stark contrast. For instance, Capital Small Finance Bank boasts a PE ratio of 9.02 and a PEG ratio of 0.77, while Dhanlaxmi Bank shows a PE of 12.47. These figures suggest that Suryoday is positioned differently in terms of market valuation relative to its competitors.

The bank's stock price has fluctuated recently, with a current price of 138.95, compared to a 52-week high of 161.00 and a low of 90.00. Over the past year, Suryoday has experienced a decline of 5.64%, while the broader Sensex index has risen by 7.36%. This performance highlights the challenges faced by Suryoday in the current market environment.