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Tamilnad Mercantile Bank Ltd PE Ratio

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Tamilnad Mercantile Bank Ltd

NSE: TMB

PE

6.2

Last updated on: Jan 22, 2025

Key Highlights

  • The P/E Ratio of Tamilnad Mercantile Bank Ltd is 6.2 as of 22 Jan 9.00 AM .
  • 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 ₹ 443.7 as of 22 Jan 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 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 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

₹ 443.7

-2.15 (-0.48%)

stock direction

Last updated on: Jan 22, 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
22 Jan 2025443.7
21 Jan 2025445.85
20 Jan 2025447.1
17 Jan 2025445.9
16 Jan 2025452.2
15 Jan 2025447.2
14 Jan 2025448.25
13 Jan 2025442.3
10 Jan 2025441.7
09 Jan 2025449.6

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 Ltd7026
HDFC Bank Ltd1273483
ICICI Bank Ltd847422
State Bank of India672247
Kotak Mahindra Bank Ltd381163

PE Ratio of Tamilnad Mercantile Bank Ltd Explained

``

7026

Market cap

1127

Earnings

6.2X

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 2024

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 2024

Volumes spurt at Tamilnad Mercantile Bank Ltd counter

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

Read more

05 Aug 2024

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 2024

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 6.23 as on 22 Jan 2025.

What is the average PE Ratio of the Banks industry?

The average industry PE Ratio of Banks is 13.7 as on 22 Jan 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 6.23, showing a year-on-year growth of -0.8%.

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

The PE Ratio of Tamilnad Mercantile Bank Ltd is 6.23. This ratio indicates that investors are willing to pay 6.23 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 -0.8% whereas, the EPS ratio grew by 5.6.
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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