Punjab National Bank vs Canara Bank: share price, P/E, ROE and financials compared
Punjab National Bank
Canara Bank
Punjab National Bank and Canara Bank at a glance
Punjab National Bank and Canara Bank are both listed in Financial Services. Punjab National Bank is the larger by market cap, at ₹1.5L Cr against ₹1.1L Cr for Canara Bank (1.3 times as large). On valuation, Canara Bank has the lower P/E (5.5× against 6.4×). Over three years, Punjab National Bank has faster 3-year profit growth (+76.4% against +20.5% 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 | Punjab National BankPNB | Canara BankCANBK |
|---|---|---|
| Price (₹) | 126.55 | 122.93 |
| Market cap (₹ Cr) | 1,45,443 | 1,11,506 |
| P/E | 6.4× | 5.5× (the lower figure, shaded) |
| P/B | 0.90× | 0.87× |
| Dividend yield, trailing | 2.37% | 3.42% (the higher figure, shaded) |
| ROE | 15.1% | 15.1% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 38.8% | 46.5% (the higher figure, shaded) |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +76.4% (the higher figure, shaded) | +20.5% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 22,861 | 20,390 |
| 1Y return | +2.3% (the higher figure, shaded) | −12.0% |
| Promoter holding | – | – |
Punjab National Bank vs Canara Bank: common questions
Which is bigger, Punjab National Bank or Canara Bank?
By market cap, Punjab National Bank is bigger at ₹1.5L Cr, against ₹1.1L Cr for Canara Bank (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹22,861 Cr for Punjab National Bank and ₹20,390 Cr for Canara Bank.
Which has a lower P/E ratio, Punjab National Bank or Canara Bank?
Punjab National Bank trades at a P/E of 6.4× and Canara Bank at 5.5×. Canara 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, Punjab National Bank or Canara Bank?
Punjab National Bank reports a return on equity of 15.1% and Canara Bank 15.1%. The two are close. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Punjab National Bank or Canara Bank?
Over the last three years: profit grew +76.4% a year at Punjab National Bank and +20.5% at Canara Bank, so Punjab National Bank grew profit faster. Past growth doesn’t predict future growth.