Punjab & Sind Bank
PSB.NS
$0.75
Share price
-1.27%
Change (1 day)
70.45%
Change (1 year)
Categories
Operating Margin for Punjab & Sind Bank (PSB.NS)
Operating Margin as of May 2024 (TTM): 39.24%
According to Punjab & Sind Bank's latest financial reports and stock price the company's current Operating Margin is 39.24%. At the end of 2023 the company had an Operating Margin of 41.39%.
Operating Margin history for Punjab & Sind Bank from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 41.39% | 27.76% |
| 2022 | 32.40% | -129.15% |
| 2021 | -111.13% | 99.71% |
| 2020 | -55.65% | 84.04% |
| 2019 | -30.24% | 14.49% |
| 2018 | -26.41% | -459.53% |
| 2017 | 7.35% | -41.97% |
| 2016 | 12.66% | 119.88% |
| 2015 | 5.76% | -60.79% |
| 2014 | 14.68% | -10.93% |
| 2013 | 16.48% |
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.