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Tamilnad Mercantile Bank Ltd PB Ratio

Tamilnad Mercantile Bank Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

5.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Tamilnad Mercantile Bank Ltd

NSE: TMB

PB

0.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Tamilnad Mercantile Bank Ltd is 0.8 as of 07 Nov 24.
  • 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 *

450.5

Day’s Low

442.2

DTE *

NaN

ROE *

13.4

52 Week High

547.15

52 Week Low

418.5

ROCE *

1.8

Market Price Over Time

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
07 Nov 2024443.7
06 Nov 2024439.45
05 Nov 2024443.3
04 Nov 2024442.65
01 Nov 2024449.75
31 Oct 2024449.9
30 Oct 2024443.95
29 Oct 2024443.8
28 Oct 2024432.1
25 Oct 2024424.9

SWOT Analysis Of Tamilnad Mercantile Bank Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tamilnad Mercantile Bank Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tamilnad Mercantile Bank Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tamilnad Mercantile Bank Ltd07,026
HDFC Bank Ltd60213,34,336
ICICI Bank Ltd3619,02,224
State Bank of India4147,66,848
Axis Bank Ltd5323,59,135
Kotak Mahindra Bank Ltd5563,47,392

Key Valuation Metric of Tamilnad Mercantile Bank Ltd

Share Price

₹444

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

Historical Market Cap of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical Revenue of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical EBITDA of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical Net Profit of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tamilnad Mercantile Bank Ltd News Hub

News

Tamilnad Mercantile Bank jumps after Q2 PAT climbs 11% YoY to Rs 303 cr

Net interest income (NII) increased by 11.82% year on year (YoY) to Rs 596crore in the qua...

Read more

29 Oct 202411:06

News

Tamilnad Mercantile Bank to declare Quarterly Result

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 2...

Read more

09 Oct 202410:16

News

Tamilnad Mercantile Bank appoints Director

Shri.Vincent Menachery Devassy, pursuant to the approval of the Reserve Bank of India has ...

Read more

27 Sep 202415:51

News

Tamilnad Mercantile Bank appoints director

Tamilnad Mercantile Bank has appointed Vincent Menachery Devassy (DIN: 09850306) as the Wh...

Read more

25 Sep 202411:55

News

Tamilnad Mercantile Bank to hold AGM

Tamilnad Mercantile Bank announced that the 102th Annual General Meeting (AGM) of the bank...

Read more

05 Sep 202410:08

News

Tamilnad Mercantile Bank appoints director

Tamilnad Mercantile Bank announced the appointment of R.Kanagavalli (DIN - 00883998) as an...

Read more

20 Aug 202410:33

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Annual Reports

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Credit Ratings

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Concalls

Data not available

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.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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