Punjab & Sind Bank (PSB.NS)

Net assets on the balance sheet as of September 2024 : £1.10 Billion

According to Punjab & Sind Bank's latest financial reports the company has £1.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Punjab & Sind Bank - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£1.48 B	5.64%
2022-03-31	$£1.40 B	69.77%
2021-03-31	$£0.82 B	38.07%
2020-03-31	$£0.59 B	-4.69%
2019-03-31	$£0.62 B	-7.08%
2018-03-31	$£0.67 B	-10.83%
2017-03-31	$£0.75 B	21.4%
2016-03-31	$£0.62 B	3.52%
2015-03-31	$£0.60 B	20.15%
2014-03-31	$£0.50 B	-9.8%
2013-03-31	$£0.55 B	6.77%
2012-03-31	$£0.52 B	-1.51%
2011-03-31	$£0.53 B	37.94%
2010-03-31	$£0.38 B	30.88%
2009-03-31	$£0.29 B	11.09%
2008-03-31	$£0.26 B	59.43%
2007-03-31	$£0.16 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Punjab & Sind Bank (PSB.NS) - Net assets