CANBK.NS vs. PNB.NS

Last updated Apr 3, 2026

Compare and contrast key facts about Canara Bank (CANBK.NS) and Punjab National Bank (PNB.NS).

Performance

CANBK.NS vs. PNB.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Canara Bank (CANBK.NS) and Punjab National Bank (PNB.NS). The values are adjusted to include any dividend payments, if applicable.

CANBK.NS vs. PNB.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CANBK.NS Canara Bank	-17.99%	60.27%	17.53%	36.46%	72.37%	55.06%	-41.74%	-19.52%	-23.68%	41.34%
PNB.NS Punjab National Bank	-15.46%	23.72%	8.61%	71.81%	54.67%	12.86%	-48.64%	-17.61%	-54.43%	48.46%

Returns By Period

In the year-to-date period, CANBK.NS achieves a -17.99% return, which is significantly lower than PNB.NS's -15.46% return. Over the past 10 years, CANBK.NS has outperformed PNB.NS with an annualized return of 14.21%, while PNB.NS has yielded a comparatively lower 2.63% annualized return.

CANBK.NS

• 1D: -0.20%
• 1M: -17.27%
• YTD: -17.99%
• 6M: 2.65%
• 1Y: 44.45%
• 3Y*: 34.74%
• 5Y*: 35.97%
• 10Y*: 14.21%

PNB.NS

• 1D: 0.46%
• 1M: -17.11%
• YTD: -15.46%
• 6M: -7.17%
• 1Y: 10.45%
• 3Y*: 32.51%
• 5Y*: 24.14%
• 10Y*: 2.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CANBK.NS vs. PNB.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CANBK.NS

CANBK.NS Risk / Return Rank: 80
CANBK.NS Sharpe Ratio Rank: 84
CANBK.NS Sortino Ratio Rank: 78
CANBK.NS Omega Ratio Rank: 76
CANBK.NS Calmar Ratio Rank: 76
CANBK.NS Martin Ratio Rank: 84

PNB.NS

PNB.NS Risk / Return Rank: 50
PNB.NS Sharpe Ratio Rank: 53
PNB.NS Sortino Ratio Rank: 46
PNB.NS Omega Ratio Rank: 45
PNB.NS Calmar Ratio Rank: 51
PNB.NS Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CANBK.NS vs. PNB.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canara Bank (CANBK.NS) and Punjab National Bank (PNB.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CANBK.NS	PNB.NS	Difference
Sharpe ratio Return per unit of total volatility	1.56	0.38	+1.18
Sortino ratio Return per unit of downside risk	2.05	0.68	+1.37
Omega ratio Gain probability vs. loss probability	1.27	1.09	+0.18
Calmar ratio Return relative to maximum drawdown	2.14	0.49	+1.65
Martin ratio Return relative to average drawdown	8.35	1.80	+6.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CANBK.NS vs. PNB.NS - Sharpe Ratio Comparison

The current CANBK.NS Sharpe Ratio is 1.56, which is higher than the PNB.NS Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of CANBK.NS and PNB.NS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CANBK.NS	PNB.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	0.38	+1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.69	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.06	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.29	-0.14

Correlation

The correlation between CANBK.NS and PNB.NS is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CANBK.NS vs. PNB.NS - Dividend Comparison

CANBK.NS's dividend yield for the trailing twelve months is around 3.15%, more than PNB.NS's 2.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CANBK.NS Canara Bank	3.15%	2.58%	3.22%	2.74%	1.95%	0.00%	0.00%	0.00%	0.00%	0.28%	0.00%	4.51%
PNB.NS Punjab National Bank	2.78%	2.35%	1.46%	0.68%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.85%

Drawdowns

CANBK.NS vs. PNB.NS - Drawdown Comparison

The maximum CANBK.NS drawdown since its inception was -91.32%, roughly equal to the maximum PNB.NS drawdown of -89.10%. Use the drawdown chart below to compare losses from any high point for CANBK.NS and PNB.NS.

Drawdown Indicators

	CANBK.NS	PNB.NS	Difference
Max Drawdown Largest peak-to-trough decline	-91.32%	-89.10%	-2.22%
Max Drawdown (1Y) Largest decline over 1 year	-22.32%	-24.03%	+1.71%
Max Drawdown (5Y) Largest decline over 5 years	-35.21%	-38.55%	+3.34%
Max Drawdown (10Y) Largest decline over 10 years	-82.70%	-87.55%	+4.85%
Current Drawdown Current decline from peak	-20.07%	-53.84%	+33.77%
Average Drawdown Average peak-to-trough decline	-58.66%	-40.67%	-17.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.73%	6.57%	-0.84%

Volatility

CANBK.NS vs. PNB.NS - Volatility Comparison

Canara Bank (CANBK.NS) has a higher volatility of 13.45% compared to Punjab National Bank (PNB.NS) at 12.66%. This indicates that CANBK.NS's price experiences larger fluctuations and is considered to be riskier than PNB.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CANBK.NS	PNB.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.45%	12.66%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	20.88%	20.70%	+0.18%
Volatility (1Y) Calculated over the trailing 1-year period	28.72%	27.46%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.09%	35.66%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.73%	42.53%	-0.80%

Financials