Kotak Mahindra Bank vs Punjab National Bank: share price, P/E, ROE and financials compared
Kotak Mahindra Bank
Punjab National Bank
Kotak Mahindra Bank and Punjab National Bank at a glance
Kotak Mahindra Bank and Punjab National Bank are both listed in Financial Services. Kotak Mahindra Bank is the larger by market cap, at ₹4.8L Cr against ₹1.5L Cr for Punjab National Bank (3.3 times as large). On valuation, Punjab National Bank has the lower P/E (6.4× against 22.2×) and the lower price-to-book (0.90× against 2.45×). On returns and margins, Punjab National Bank has the higher ROE (15.1% against 11.8%). Over three years, Punjab National Bank has faster 3-year profit growth (+76.4% against +8.9% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Kotak Mahindra BankKOTAKBANK | Punjab National BankPNB |
|---|---|---|
| Price (₹) | 480.00 | 126.55 |
| Market cap (₹ Cr) | 4,77,498 | 1,45,443 |
| P/E | 22.2× | 6.4× (the lower figure, shaded) |
| P/B | 2.45× | 0.90× (the lower figure, shaded) |
| Dividend yield, trailing | 0.14% | 2.37% (the higher figure, shaded) |
| ROE | 11.8% | 15.1% (the higher figure, shaded) |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 28.7% | 38.8% (the higher figure, shaded) |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +8.9% | +76.4% (the higher figure, shaded) |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 21,473 | 22,861 |
| 1Y return | +11.4% (the higher figure, shaded) | +2.3% |
| Promoter holding | 25.87% | 70.08% |
Kotak Mahindra Bank vs Punjab National Bank: common questions
Which is bigger, Kotak Mahindra Bank or Punjab National Bank?
By market cap, Kotak Mahindra Bank is bigger at ₹4.8L Cr, against ₹1.5L Cr for Punjab National Bank (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹21,473 Cr for Kotak Mahindra Bank and ₹22,861 Cr for Punjab National Bank.
Which has a lower P/E ratio, Kotak Mahindra Bank or Punjab National Bank?
Kotak Mahindra Bank trades at a P/E of 22.2× and Punjab National Bank at 6.4×. Punjab National Bank has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Kotak Mahindra Bank or Punjab National Bank?
Kotak Mahindra Bank reports a return on equity of 11.8% and Punjab National Bank 15.1%. Punjab National Bank has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Kotak Mahindra Bank or Punjab National Bank?
Over the last three years: profit grew +8.9% a year at Kotak Mahindra Bank and +76.4% at Punjab National Bank, so Punjab National Bank grew profit faster. Past growth doesn’t predict future growth.