Punjab & Sind Bank
PSB.NS
#3022
Rank
NZ$7.04 B
Marketcap
$1.04
Share price
1.57%
Change (1 day)
17.85%
Change (1 year)

Operating Margin for Punjab & Sind Bank (PSB.NS)

Operating Margin as of October 2024 (TTM): 23.87%

According to Punjab & Sind Bank's latest financial reports and stock price the company's current Operating Margin is 23.87%. At the end of 2023 the company had an Operating Margin of 45.69%.

Operating Margin history for Punjab & Sind Bank from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202345.69%31.69%
202234.70%-131.22%
2021-111.13%99.71%
2020-55.65%84.04%
2019-30.24%37.1%
2018-22.05%-400.23%
20177.35%-41.97%
201612.66%119.88%
20155.76%-60.79%
201414.68%-11.92%
201316.67%-29.14%
201223.52%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.