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STOCK COMPARISON

Public Bank Bhd vs DBS Group Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Public Bank Bhd (1295) and DBS Group Holdings (D05) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Public Bank Bhd as the less overvalued of the two: Public Bank Bhd trades at MYR 4.98 versus a fair value of MYR 4.47 (-10%), while DBS Group Holdings trades at S$78.65 versus S$40.48 (-49%).
Public Bank Bhd
1295.KLSE · MYR · Financials
-10%
upside to fair value
overvalued
PriceMYR 4.98
Fair ValueMYR 4.47
Quality55/100
DBS Group Holdings
D05.SG · SGD · Financials
-49%
upside to fair value
overvalued
PriceS$78.65
Fair ValueS$40.48
Quality65/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Public Bank BhdDBS Group Holdings
Valuation
13.8×P/E (TTM)18.7×
1.60×P/S (TTM)7.23×
0.39×P/B2.34×
2.1×EV/EBITDA
1.33×PEG3.44×
−10.2%Fair value upside−48.5%
4.5%Dividend yield3.6%
MYR 0.23Dividend per shareS$2.85
Profitability
64%Operating margin60%
1.14×EBIT margin trend (5Y)0.99×
12%Return on equity16%
1%Return on assets1%
Growth
1%Revenue growth (YoY)3%
8.2%Avg. growth/yr (3Y)11.6%
5.9%Avg. growth/yr (5Y)9.4%
+15.0%Value creation/yr+12.6%
Balance & size
1.0×Interest coverage (EBIT/interest)0.6×
0.31×Debt / equity0.69×
$23BMarket cap$161B
mixedGrowth qualityhealthy

Public Bank Bhd leads: 11 to 3 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Public Bank Bhdof which business quality 49 · market factors 72 DBS Group Holdingsof which business quality 61 · market factors 96
ProfitabilityMargins and returns on capital today
36
38
Quality GrowthAre margins and returns improving?
52
54
CashflowEarnings quality: real cash, not paper profit
53
84
Fin. StrengthBalance sheet, leverage, solvency risk
13
56
InvestmentDisciplined investing over empire-building
83
78
Low VolatilityCalm price path (market factor)
98
99
MomentumPrice trend over the last 3–12 months (market factor)
55
91
52W MomentumDistance to the 52-week high (market factor)
72
100
Net IssuanceBuybacks instead of dilution
85
65

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyPublic Bank BhdPrice MYR 4.98DBS Group HoldingsPrice S$78.65
Dividend Discount-25%below the priceMYR 3.73-30%below the priceS$54.87
Multiples-8%close to the priceMYR 4.58-47%below the priceS$42.04
Asset-Based-58%below the priceMYR 2.07-79%below the priceS$16.26
Economic Profit-33%below the priceMYR 3.35-59%below the priceS$32.23
Minimum-58%below the priceMYR 2.07-79%below the priceS$16.26
Maximum-8%close to the priceMYR 4.58-30%below the priceS$54.87
Median-29%below the priceMYR 3.54-53%below the priceS$37.13
Geometric mean-34%below the priceMYR 3.30-58%below the priceS$33.16

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Public Bank Bhd: 6 of 6 models see the stock below the current price.

DBS Group Holdings: 6 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Public Bank Bhd
Bear MYR 3.36Fair Value MYR 4.47Bull MYR 5.59
MYR 4.98 = current price (white tick)
DBS Group Holdings
Bear S$30.36Fair Value S$40.48Bull S$50.60
S$78.65 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Public Bank Bhd · Financials

Quality score55 · above median
Fair value upside-10% · below median

DBS Group Holdings · Financials

Quality score65 · Top 25%
Fair value upside-49% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Public Bank Bhd as the less overvalued of the two: Public Bank Bhd trades at MYR 4.98 versus a fair value of MYR 4.47 (-10%), while DBS Group Holdings trades at S$78.65 versus S$40.48 (-49%).

DBS Group Holdings has the higher quality score (65/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.