Case study

PSB

Punjab & Sind Bank Ltd.

Worth a closer look1y model +1.4%

Each stock's 10,000-path forecast, rendered as light.

57Score

Punjab & Sind Bank Ltd. (PSB) Stock Analysis & Case Study

Is PSB a good buy? The data-driven verdict.

Punjab & Sind Bank Ltd. (PSB) trades at ₹24,on the numbers it worth a closer look, a Downstox Snapshot Score of 57/100.

On the numbers, Punjab & Sind Bank Ltd. (PSB) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 12.3× earnings, ROE of 9.6%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

PSB fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹17,030 Cr
Current price
₹24
P/E ratio
12.3×
P/B ratio
1.17×
Book value
₹21
Dividend yield
1.63%
ROCE
6.0%
ROE
9.6%
Piotroski F-Score
5/8

How PSB ranks against the 2,373 companies in our screener

We do not hold 3-year profit (PAT) growth or debt-to-equity ratio figures for PSB, as of 9 Aug 2026, so those are not ranked here.

Is PSB overvalued? PSB P/E vs peers

PSB trades at 12.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

PSB share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of PSB history (-8%/yr drift, 40%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
PSB 2027₹15₹24₹40+1%
PSB 2028₹12₹24₹50+3%
PSB 2029₹10₹25₹59+4%
PSB 2030₹9₹25₹69+6%
PSB 2031₹8₹26₹79+7%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability PSB goes up, or doubles?

51%
Higher in 1 year
Modelled chance the price is above today in 12 months
53%
Higher in 5 years
Modelled chance the price is above today in 5 years
24%
Doubles in 5 years
Modelled chance of reaching ₹48 within 5 years

The bull case for PSB

  • PSB's P/E of 12.2x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 1.17×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹59.

The bear case & risks

  • PSB's return on equity of 9.6% ranks in the 46th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹10.

PSB volatility & expected range, how bumpy is the ride?

Over the last 9.8 years PSB compounded at -8%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹15-₹40, the honest backbone behind any single price target.

PSB price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.4%
80% range₹15-₹40
P(price ↑)51%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
4.3%
80% range₹10-₹59
P(price ↑)53%
P(price 2×)17%
5-Year Forecast
2031
₹0
Median (P50)
7.2%
80% range₹8-₹79
P(price ↑)53%
P(price 2×)24%

PSB price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
PSB simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds PSB hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the PSB price target & forecast page.

PSB Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. PSB scores 5/8, mixed financial health.

PSB MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy PSB with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST32.59%3.1×
Groww32.74%3.1×
DhanCHEAPEST32.59%3.1×
Kotak Neo34.97%2.9×
Paytm Money32.86%3.0×
Pocketful33.11%3.0×
Fyers50.00%2.0×
Anand RathiCHEAPEST32.59%3.1×
Bajaj Broking42.00%2.4×
Share India32.74%3.1×

Compare every broker on the PSB MTF page.

About Punjab & Sind Bank Ltd.: sector, index & market-cap context

Punjab & Sind Bank Ltd. (PSB) is a small-cap NSE-listed company, with a market capitalisation of ₹17,030 Cr. See more stocks on our screener.

How the PSB Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Punjab & Sind Bank Ltd.'s public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

PSB analysis, FAQs

Is Punjab & Sind Bank Ltd. (PSB) a good buy?

On the numbers, Punjab & Sind Bank Ltd. (PSB) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 12.3× earnings, ROE of 9.6%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is PSB overvalued or undervalued?

PSB trades at 12.3× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the PSB share price target for 2031?

PSB's probability-weighted 2031 median target is ₹26, with an 80% range of ₹8-₹79 (10,000-path Monte-Carlo).

What is the probability PSB doubles in 5 years?

The modelled probability of PSB reaching ₹48 (2×) within 5 years is 24%.

What is the bull case for PSB?

PSB's P/E of 12.2x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.17×, the market is paying little over the company's net assets.

What are the risks in PSB?

PSB's return on equity of 9.6% ranks in the 46th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on PSB