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PB Ratio of Tamilnad Mercantile Bank Ltd

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Tamilnad Mercantile Bank Ltd

NSE: TMB

PB Ratio

0.8

Last updated on: Jan 22, 2025

Key Highlights

  • The latest PB Ratio of Tamilnad Mercantile Bank Ltd is 0.8.
  • The PB ratio of the Tamilnad Mercantile Bank Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Tamilnad Mercantile Bank Ltd changed from 0.9 on March 2023 to 1 on March 2024 . This represents a CAGR of 5.41% over 2 years.

Historical P/B Ratio of Tamilnad Mercantile Bank Ltd

No data available

Company Fundamentals for Tamilnad Mercantile Bank Ltd

Market Cap

7,026 Cr

EPS

71.2

P/E Ratio (TTM)

6.2

P/B Ratio (TTM)

0.8

Day’s High

449.95

Day’s Low

439.1

DTE

NaN

ROE

13.4

52 Week High

514.7

52 Week Low

418.5

ROCE

1.8

Market Price of Tamilnad Mercantile Bank Ltd

1M

1Y

3Y

5Y

Monitoring Tamilnad Mercantile Bank Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Jan 2025443.7
21 Jan 2025445.85
20 Jan 2025447.1
17 Jan 2025445.9
16 Jan 2025452.2

SWOT Analysis Of Tamilnad Mercantile Bank Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tamilnad Mercantile Bank Ltd

Asset Value vs Market Value of Tamilnad Mercantile Bank Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Tamilnad Mercantile Bank Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tamilnad Mercantile Bank Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Tamilnad Mercantile Bank Ltd Explained

``

7026

Market cap

532

Book Value per Share

0.8X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

FAQs for PB Ratio of Tamilnad Mercantile Bank Ltd

What is the PB ratio of Tamilnad Mercantile Bank Ltd?

The current PB ratio of Tamilnad Mercantile Bank Ltd is 0.83. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Tamilnad Mercantile Bank Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Tamilnad Mercantile Bank Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Tamilnad Mercantile Bank Ltd calculated?

The PB ratio of Tamilnad Mercantile Bank Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Tamilnad Mercantile Bank Ltd?

A high PB ratio suggests that Tamilnad Mercantile Bank Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Tamilnad Mercantile Bank Ltd?

A low PB ratio of Tamilnad Mercantile Bank Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Tamilnad Mercantile Bank Ltd PB Ratio change over time?

Yes, the PB ratio of Tamilnad Mercantile Bank Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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