NSE ScannerComparison · NSE · data 2026-11-01
Canara Bank vs Punjab National Bank
In plain words
Size: Punjab National Bank is about 1.3 times the market value of Canara Bank.
Valuation (P/E): Punjab National Bank 6.2 vs Canara Bank 5.2.
Return on equity: Canara Bank 17.7% vs Punjab National Bank 13%.
Profit growth over 3 years: Punjab National Bank 76.4% a year vs Canara Bank 20.5% a year.
Debt to equity: Canara Bank 2.43 vs Punjab National Bank 1.54.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CANBK | PNB | |
|---|---|---|
| Price | ₹117.54 | ₹122.85 |
| Market cap | ₹1,07,351 cr | ₹1,40,789 cr |
| P/E | 5.2 | 6.2 |
| P/B | 0.8 | 0.9 |
| ROE | 17.7% | 13.0% |
| ROCE | 1.8% | 2.0% |
| Debt / equity | 2.43 | 1.54 |
| Operating margin | 43.6% | 46.1% |
| Dividend yield | 3.55% | 2.45% |
| Sales growth, 3 years (yearly) | 11.1% | 14.1% |
| Profit growth, 3 years (yearly) | 20.5% | 76.4% |
| 1-year return | -8.9% | 1.5% |
| Revenue, last 12 months | ₹1,50,262 cr | ₹1,51,526 cr |
| Net profit, last 12 months | ₹20,390 cr | ₹22,861 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹5,382 cr | ₹5,898 cr |
| Quarter profit vs a year earlier | +11.0% | +15.1% |
| Promoter holding | 62.93% | 70.08% |
| Health check | Average (6.3/10) | Strong (6.8/10) |
Common questions
Which has a higher P/E, Canara Bank or Punjab National Bank?
Punjab National Bank trades at the higher P/E (6.2 against 5.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Canara Bank (17.7% against 13.0%).
Which carries more debt?
Canara Bank has the higher debt-to-equity ratio (2.43 against 1.54).