PNB Vs Axis Bank

Hello sir, I want to know that which bank is provides me best services ever from PNB Vs Axis bank? which bank is best form PNB or Axis bank?

[shikha]

As per my idea both banks are best for you to provide their services. Both banks are available to serve their services to their customers.

The Axis Bank is a New Private Sector Bank and in other hand the Punjab National Bank is a Nationalised Bank.

Punjab National Bank is the third largest banking entity in the country with 7% share of the total non-food credit disbursals at the end of FY12.

Axis Bank is one of the most aggressive players in the private sector banking industry having more than tripled its share in non-food credit over the last 9 years from 1% in FY02 to 3.6% in FY12.

Current Valuations
PNB AXIS BANK PNB/
AXIS BANK
P/E (TTM) x -5.6 18.4 -
P/BV x 0.6 2.1 27.4%
Dividend Yield % 0.0 1.0 -


Financials data:

Equity Share Data PNB Axis Bank PNB/ 5-Yr
Mar-16 Mar-16 AXIS BANK

High Rs 167 613 27.20%

Low Rs 71 367 19.40%

Income per share (Unadj.) Rs 258.7 173.8 148.90%

Earnings per share (Unadj.) Rs -19.6 35 -55.90%

Cash flow per share (Unadj.) Rs -60.5 82.1 -73.70%

Dividends per share (Unadj.) Rs 0 5 0.00%

Avg Dividend yield % 0 1 0.00%

Book value per share (Unadj.) Rs 212.9 224.8 94.70%

Shares outstanding (eoy) m 1,963.60 2,382.83 82.40%

Bonus/Rights/Conversions PI ESOP -

Avg Price / Income ratio x 0.5 2.8 16.30%

Avg P/E ratio x -6.1 14 -43.50%

Avg P/CF ratio x 1.8 9.7 18.70%

Avg Price/Bookvalue ratio x 0.6 2.2 25.70%

Dividend payout % 0 14.3 0.00%

Avg Mkt Cap Rs m 233,865 1,167,706 20.00%

No. of employees `000 70.8 50.1 141.20%

Total wages & salary Rs m 65,645 40,193 163.30%

Avg. income/employee Rs Th 7,175.60 8,259.50 86.90%

Avg. wages/employee Rs Th 927.2 801.7 115.70%

Avg. net profit/employee Rs Th -542.8 1,665.40 -32.60%

Income Data
Interest income Rs m 508,039 414,093 122.70%

Other income Rs m 69,766 99,550 70.10%

Interest expense Rs m 343,306 243,442 141.00%

Net interest income Rs m 164,733 170,650 96.50%

Operating expense Rs m 103,499 106,114 97.50%

Gross profit Rs m 61,234 64,537 94.90%

Gross profit margin % 12.1 15.6 77.30%

Provisions/contingencies Rs m 167,633 37,187 450.80%

Profit before tax Rs m -52,931 126,899 -41.70%

Extraordinary Inc (Exp) Rs m 0 0 -

Minority Interest Rs m -1,797 -79 2268.80%

Prior Period Items Rs m 0 0 -

Tax Rs m -16,299 43,323 -37.60%

Profit after tax Rs m -38,430 83,497 -46.00%

Net profit margin % -7.6 20.2 -37.50%