{"id":201251,"date":"2026-08-13T11:53:28","date_gmt":"2026-08-13T06:23:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201251"},"modified":"2026-08-13T11:53:30","modified_gmt":"2026-08-13T06:23:30","slug":"punjab-national-bank-vs-canara-bank","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/","title":{"rendered":"Punjab National Bank vs Canara Bank: Share Price, PE and ROE Compared"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. Data approximate.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Punjab National Bank and Canara Bank are both large PSU banks in India. PNB at approximately Rs 1,10,000-1,30,000 Cr is one of India&#8217;s oldest and largest banks. Canara Bank at approximately Rs 90,000-1,10,000 Cr is a major South India-headquartered PSU bank. Both have undergone balance sheet improvement in recent years following NPA clean-up. The PNB vs Canara Bank comparison is popular among PSU bank investors.<\/p>\n<\/div>\n<p>The Punjab National Bank vs Canara Bank question comes up often among investors who follow the Public sector banks space in India. Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Punjab National Bank vs Canara Bank as a research exercise.<\/p>\n<p>All data cited here is sourced from publicly available company filings. Note: Data is approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Punjab_National_Bank_vs_Canara_Bank_Company_Overview_and_Market_Presence\" title=\"Punjab National Bank vs Canara Bank: Company Overview and Market Presence\">Punjab National Bank vs Canara Bank: Company Overview and Market Presence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Punjab_National_Bank_vs_Canara_Bank_Business_Mix_and_Revenue_Sources\" title=\"Punjab National Bank vs Canara Bank: Business Mix and Revenue Sources\">Punjab National Bank vs Canara Bank: Business Mix and Revenue Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Punjab_National_Bank_vs_Canara_Bank_Financial_Results_and_Key_Ratios\" title=\"Punjab National Bank vs Canara Bank: Financial Results and Key Ratios\">Punjab National Bank vs Canara Bank: Financial Results and Key Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Punjab_National_Bank_vs_Canara_Bank_Valuation_and_What_the_Market_Is_Pricing_In\" title=\"Punjab National Bank vs Canara Bank: Valuation and What the Market Is Pricing In\">Punjab National Bank vs Canara Bank: Valuation and What the Market Is Pricing In<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Punjab_National_Bank_vs_Canara_Bank_Side-by-Side_Comparison\" title=\"Punjab National Bank vs Canara Bank: Side-by-Side Comparison\">Punjab National Bank vs Canara Bank: Side-by-Side Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#What_Should_Investors_Know_About_the_Punjab_National_Bank_vs_Canara_Bank_Choice\" title=\"What Should Investors Know About the Punjab National Bank vs Canara Bank Choice\">What Should Investors Know About the Punjab National Bank vs Canara Bank Choice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#What_does_Punjab_National_Bank_do\" title=\"What does Punjab National Bank do?\">What does Punjab National Bank do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#What_does_Canara_Bank_do\" title=\"What does Canara Bank do?\">What does Canara Bank do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Which_is_larger_in_the_Punjab_National_Bank_vs_Canara_Bank_comparison\" title=\"Which is larger in the Punjab National Bank vs Canara Bank comparison?\">Which is larger in the Punjab National Bank vs Canara Bank comparison?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#How_do_PE_ratios_compare_in_Punjab_National_Bank_vs_Canara_Bank\" title=\"How do PE ratios compare in Punjab National Bank vs Canara Bank?\">How do PE ratios compare in Punjab National Bank vs Canara Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#What_is_the_ROE_of_Punjab_National_Bank\" title=\"What is the ROE of Punjab National Bank?\">What is the ROE of Punjab National Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#Does_Canara_Bank_pay_dividends\" title=\"Does Canara Bank pay dividends?\">Does Canara Bank pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/punjab-national-bank-vs-canara-bank\/#How_should_I_evaluate_Public_sector_banks_stocks\" title=\"How should I evaluate Public sector banks stocks?\">How should I evaluate Public sector banks stocks?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Punjab_National_Bank_vs_Canara_Bank_Company_Overview_and_Market_Presence\"><\/span><strong>Punjab National Bank vs Canara Bank: Company Overview and Market Presence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Punjab National Bank operates in the Public sector banks segment and is listed on Indian exchanges. Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr The company has built its market position over the years through its core offerings to institutional and retail clients.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=pnb-vs-canarabank\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Canara Bank is the other side of this Punjab National Bank vs Canara Bank comparison. Canara Bank MCap approx Rs 90,000-1,10,000 Cr It competes in the same Public sector banks space, though its scale and strategy may differ significantly from Punjab National Bank&#8217;s approach.<\/p>\n<p>When investors look at the Punjab National Bank vs Canara Bank pair, market capitalisation is usually the first filter. Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. The size difference, if any, tells you something about liquidity and institutional ownership patterns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Punjab_National_Bank_vs_Canara_Bank_Business_Mix_and_Revenue_Sources\"><\/span><strong>Punjab National Bank vs Canara Bank: Business Mix and Revenue Sources<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To understand the Punjab National Bank vs Canara Bank comparison fully, you need to look at how each company makes money. Punjab National Bank&#8217;s revenue comes from its core Public sector banks operations. Punjab National Bank earns from the Public sector banks segment.<\/p>\n<p>Canara Bank similarly derives its earnings from the Public sector banks space. Canara Bank operates in the Public sector banks space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Punjab_National_Bank_vs_Canara_Bank_Financial_Results_and_Key_Ratios\"><\/span><strong>Punjab National Bank vs Canara Bank: Financial Results and Key Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is where the Punjab National Bank vs Canara Bank comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.<\/p>\n<p>Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr The profitability and efficiency ratios here reflect the latest available data from public filings.<\/p>\n<p>Canara Bank MCap approx Rs 90,000-1,10,000 Cr Investors should note that Data is approximate.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Punjab National Bank and Canara Bank on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Punjab_National_Bank_vs_Canara_Bank_Valuation_and_What_the_Market_Is_Pricing_In\"><\/span><strong>Punjab National Bank vs Canara Bank: Valuation and What the Market Is Pricing In<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Valuation is a core part of any Punjab National Bank vs Canara Bank analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.<\/p>\n<p>Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. Data approximate. The Punjab National Bank vs Canara Bank stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.<\/p>\n<p>Dividend yield is another data point worth checking in the Punjab National Bank vs Canara Bank pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Punjab_National_Bank_vs_Canara_Bank_Side-by-Side_Comparison\"><\/span><strong>Punjab National Bank vs Canara Bank: Side-by-Side Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below captures the most relevant metrics side by side for the Punjab National Bank vs Canara Bank comparison.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<th style=\"border: 1px solid #ccc; padding: 8px;\">Parameter<\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/pnb\/punjab-national-bank-share-price-today\">Punjab National Bank<\/a><\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/canbk\/canara-bank-share-price-today\">Canara Bank<\/a><\/th>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">MCap<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">approx Rs 1,10,000-1,30,000 Cr<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">approx Rs 90,000-1,10,000 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Data<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Approximate<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Approximate<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Type<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">PSU bank<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">PSU bank<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Know_About_the_Punjab_National_Bank_vs_Canara_Bank_Choice\"><\/span><strong>What Should Investors Know About the Punjab National Bank vs Canara Bank Choice<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every Punjab National Bank vs Canara Bank research exercise should go beyond just looking at the current share price. The sector outlook for Public sector banks companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.<\/p>\n<p>For the Punjab National Bank vs Canara Bank pair specifically: Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.<\/p>\n<p>If you are building a portfolio allocation decision around the Punjab National Bank vs Canara Bank comparison, consider the risk profile of your overall portfolio first. Both companies operate in Public sector banks, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Punjab National Bank vs Canara Bank comparison comes down to this: Punjab National Bank and Canara Bank are both listed Indian companies in the Public sector banks space, but they differ in scale, valuation, and financial profile. Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr.<\/p>\n<p>Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Canara Bank MCap approx Rs 90,000-1,10,000 Cr. Data approximate. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Punjab National Bank and Canara Bank live and get analyst-backed stock recommendations every day.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Punjab_National_Bank_do\"><\/span><strong>What does Punjab National Bank do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Punjab National Bank is a listed Indian company in the Public sector banks segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Canara_Bank_do\"><\/span><strong>What does Canara Bank do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Canara Bank is a listed Indian company in the Public sector banks segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_larger_in_the_Punjab_National_Bank_vs_Canara_Bank_comparison\"><\/span><strong>Which is larger in the Punjab National Bank vs Canara Bank comparison?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Based on current data: Punjab National Bank MCap approx Rs 1,10,000-1,30,000 Cr. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_PE_ratios_compare_in_Punjab_National_Bank_vs_Canara_Bank\"><\/span><strong>How do PE ratios compare in Punjab National Bank vs Canara Bank?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio comparison is in the data table above. Verify from NSE or BSE before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_ROE_of_Punjab_National_Bank\"><\/span><strong>What is the ROE of Punjab National Bank?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The ROE of Punjab National Bank is listed in the comparison table above. Verify from the latest quarterly filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Canara_Bank_pay_dividends\"><\/span><strong>Does Canara Bank pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yield information for Canara Bank is in the comparison above. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_should_I_evaluate_Public_sector_banks_stocks\"><\/span><strong>How should I evaluate Public sector banks stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For Public sector banks stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Compare Punjab National Bank vs Canara Bank on market cap, PE ratio, ROE and dividend yield. 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