Banks sector

Industry analysis

Public Sector Bank

Read from what its listed companies are showing. Valuations are compared within this industry.

Mixed

12 listed companies · ₹ 15,98,785 Cr. total market value
  • ▲92% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 24%.
  • ▲3 credit rating upgrades and no downgrades in the last 90 days.
  • –19 good and 2 bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
  • ▼The typical share is down 5.1% in 3 months; 25% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 7, 23% below these companies' usual level (cheaper than normal).

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Public Sector Bank share against the typical share on the market, both starting at 100. Now 97 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

No company here passes every test right now.

Cheaper than peers across the whole market

Leaders and laggards

Good news

  1. Indian Overseas BankStrong results
  2. Central Bank of IndiaCredit rating raised
  3. Punjab National BankStrong results
  4. Indian BankStrong results
  5. Canara BankStrong results

Warning signs

  1. Indian BankAction by a regulator
  2. Indian Overseas BankAction by a regulator

Worst shares, 3 months

  1. Punjab & Sind Bank−21.3%
  2. UCO Bank−16.7%
  3. Indian Overseas Bank−13.9%
  4. Central Bank of India−7.2%
  5. State Bank of India−5.6%

Companies

Click a column to sort.

Public Sector Bank companies
Signs (90 days)
State Bank of India
SBIN
Public Sector Bank₹ 8,83,384.38 Cr.+8.4%+13.6%10.5−5.6%
Punjab National Bank
PNB
Public Sector Bank₹ 1,38,317.57 Cr.+8.5%+15.6%6+8.3%
Strong results
Bank of Baroda
BANKBARODA
Public Sector Bank₹ 1,19,693.66 Cr.+6.8%−47.7%5.4−4.7%
Indian Bank
INDIANB
Public Sector Bank₹ 1,12,868.85 Cr.+15.2%+13.9%8.6+1.5%
Strong resultsAction by a regulator
Canara Bank
CANBK
Public Sector Bank₹ 1,05,582.38 Cr.+9.6%+9.9%5.2−5.5%
Strong results
Bank of India
BANKINDIA
Public Sector Bank₹ 59,662.72 Cr.+15.4%+28.5%4.8−3.5%
Strong results
Bank of Maharashtra
MAHABANK
Public Sector Bank₹ 57,917.41 Cr.+13.9%+34.5%7.7−1%
Strong results
Indian Overseas Bank
IOB
Public Sector Bank₹ 55,249.19 Cr.+18.8%+49.3%8.4−13.9%
Strong resultsAction by a regulator
UCO Bank
UCOBANK
Public Sector Bank₹ 27,078.36 Cr.+11.5%+26.8%11.2−16.7%
Strong results
Central Bank of India
CENTRALBK
Public Sector Bank₹ 26,104.24 Cr.+18.4%+20.6%5.4−7.2%
Credit rating raised
Punjab & Sind Bank
PSB
Public Sector Bank₹ 12,925.87 Cr.+13.2%+39.7%8.8−21.3%
Strong results
Union Bank of India
UNIONBANK
Public Sector Bank—+8.3%+30.6%6.3+7%
Strong results

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.