Recent progress in text-to-video (T2V) generation has enabled the synthesis of visually compelling and temporally coherent videos from natural language. However, these models often fall short in basic physical commonsense, producing outputs that violate intuitive expectations around causality, object behavior, and tool use. Addressing this gap, we present PhysVidBench, a benchmark designed to evaluate the physical reasoning capabilities of T2V systems. The benchmark includes 383 carefully curated prompts, emphasizing tool use, material properties, and procedural interactions, and domains where physical plausibility is crucial. For each prompt, we generate videos using diverse state-of-the-art models and adopt a three-stage evaluation pipeline: (1) formulate grounded physics questions from the prompt, (2) caption the generated video with a vision-language model, and (3) task a language model to answer several physics-involved questions using only the caption. This indirect strategy circumvents common hallucination issues in direct video-based evaluation. By highlighting affordances and tool-mediated actions, areas overlooked in current T2V evaluations, PhysVidBench provides a structured, interpretable framework for assessing physical commonsense in generative video models.