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Tamilnad Mercantile Bank PE Ratio

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Tamilnad Mercantile Bank Ltd

NSE: TMB

PE

5.9

Last updated on: May 02, 2025

Key Highlights

  • The P/E Ratio of Tamilnad Mercantile Bank Ltd is 5.9 as of 02 May 15:30 PM .
  • The P/E Ratio of Tamilnad Mercantile Bank Ltd changed from 6.3 on March 2023 to 7.2 on March 2024 . This represents a CAGR of 6.90% over 2 years.
  • The Latest Trading Price of Tamilnad Mercantile Bank Ltd is ₹ 456.05 as of 02 May 15:30 .
  • The PE Ratio of Banks Industry has changed from 46.3 to 13.7 in 5 years. This represents a CAGR of -21.62%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Banks industry is 13.7. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Tamilnad Mercantile Bank Ltd

No data available

Company Fundamentals for Tamilnad Mercantile Bank Ltd

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Tamilnad Mercantile Bank Ltd

NSE: TMB

Share Price

₹ 456.05

18.20 (4.16%)

stock direction

Last updated on: May 02, 2025

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
02 May 2025456.05
30 Apr 2025437.85
29 Apr 2025446.2
28 Apr 2025446.1
25 Apr 2025444.7
24 Apr 2025457.1
23 Apr 2025440.85
22 Apr 2025448
21 Apr 2025441.15
17 Apr 2025434.8

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/E Ratio

Company
leftMarket Capright
Tamilnad Mercantile Bank Ltd7221
HDFC Bank Ltd1473357
ICICI Bank Ltd1020201
State Bank of India714014
Kotak Mahindra Bank Ltd434433
Axis Bank Ltd366205

PE Ratio of Tamilnad Mercantile Bank Ltd Explained

7221

Market cap

1182

Earnings

6.1X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Banks Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Tamilnad Mercantile Bank Ltd

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

Historical Dividend Payout of Tamilnad Mercantile Bank Ltd

No data available

* All values are in %

About Tamilnad Mercantile Bank Ltd

  • Tamilnad Mercantile Bank Limited was incorporated in the name of Nadar Bank Limited' on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah.
  • Subsequently, the name of the Bank was changed to Tamilnad Mercantile Bank Limited', effective from November 27, 1962, pursuant to a Letter of Approval from the Government of India dated November 14, 1962 and a fresh Certificate of Incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras.
  • Presently, the Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.

Tamilnad Mercantile Bank Ltd News Hub

Tamilnad Mercantile Bank appoints director

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

Read more

20 Aug 24

RBI approves appointment of Salee Nair as MD & CEO of Tamilnad Mercantile Bank

Salee Nair, a post graduate in Applied Electronics, started his banking career in the year 1987. He

Read more

19 Aug 24

Volumes spurt at Tamilnad Mercantile Bank Ltd counter

Cera Sanitaryware Ltd, Medplus Health Services Ltd, Samvardhana Motherson International Ltd, Glenmar

Read more

05 Aug 24

Volumes soar at Tamilnad Mercantile Bank Ltd counter

Samvardhana Motherson International Ltd, Britannia Industries Ltd, Sheela Foam Ltd, Medplus Health S

Read more

05 Aug 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Tamilnad Mercantile Bank Ltd

What is the current PE Ratio of Tamilnad Mercantile Bank Ltd?

The Current PE Ratio of Tamilnad Mercantile Bank Ltd is 6.11 as on 2 May 2025.

What is the average PE Ratio of the Banks industry?

The average industry PE Ratio of Banks is 13.7 as on 2 May 2025.

What was the PE Ratio of Tamilnad Mercantile Bank Ltd last year?

The PE Ratio of Tamilnad Mercantile Bank Ltd was 6.28 last year, now the PE ratio is 6.11, showing a year-on-year growth of -2.7%.

What does the PE Ratio of Tamilnad Mercantile Bank Ltd indicate about its stock?

The PE Ratio of Tamilnad Mercantile Bank Ltd is 6.11. This ratio indicates that investors are willing to pay 6.11 times the earnings per share for each share of Tamilnad Mercantile Bank Ltd.

What is the PE Ratio Growth of Tamilnad Mercantile Bank Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Tamilnad Mercantile Bank Ltd grew by -2.7% whereas, the EPS ratio grew by -2.7.

How does the PE ratio of Tamilnad Mercantile Bank Ltd compare to industry peers?

The PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Tamilnad Mercantile Bank Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Tamilnad Mercantile Bank Ltd PE Ratio.

What factors influence the PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio?

The PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Tamilnad Mercantile Bank Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio?

You can check the latest PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Tamilnad Mercantile Bank Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Tamilnad Mercantile Bank Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Tamilnad Mercantile Bank Ltd PE Ratio predict future stock performance?

While the Tamilnad Mercantile Bank Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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