This post is in continuation of my 5 Stocks Series (see here)
PSU bank stocks have been hammered out of shape.
5 of the Cheapest PSU Bank stocks are listed below:
| Bank | Book Value | Close Price as on 2 April 2013 | P/B |
| Punjab & Sind Bank | 136.2 | 60.55 | 0.44 |
| United Bank of India | 113.1 | 59.35 | 0.52 |
| IDBI Bank | 137.5 | 84.2 | 0.61 |
| UCO Bank | 92.7 | 60 | 0.65 |
| Central Bank of India | 108.6 | 71 | 0.65 |