Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Slightly undervalued vs peers
About
PNB Housing Finance Limited operates as an Indian financial institution dedicated to housing finance. The company extends a comprehensive suite of financial products, primarily loan facilities, to both individual clients and corporate entities. These offerings cater to diverse real estate requirements, such as the acquisition, development, renovation, or enhancement of residential units, apartments, and commercial properties. Its portfolio further encompasses financing for residential land parcels and specialized mortgage solutions for Non-Resident Indians (NRIs). Beyond core property loans, the company also provides credit against existing assets, lease rental discounting services, and funding for real estate developers. Additionally, it offers fixed deposit schemes. PNB Housing Finance is also notable for its specific "Unnati" home loans and its participation in the government's Credit Linked Subsidy Scheme, aimed at aiding economically weaker, lower, and middle-income segments in home ownership. As of March 31, 2022, the company operated through a network comprising 99 branches. Established in 1988, its operational base is in New Delhi, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P
Target Price
The average target price of PNBHOUSING.NS is 1264 and suggests 8.21% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral reco