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Tamilnad Mercantile Bank Ltd PE Ratio

Tamilnad Mercantile Bank Ltd PE Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

8.6 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 23, 2024

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Tamilnad Mercantile Bank Ltd

NSE: TMB

PE

6.2

Last updated on: Nov 23, 2024

Key Highlights

  • The P/E Ratio of Tamilnad Mercantile Bank Ltd is 6.2 as of 23 Nov 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 ₹ 443.6 as of 22 Nov 15:30 .
  • The PE Ratio of Banks Industry has changed from 413.8 to 13.7 in 5 years. This represents a CAGR of -49.42%.
  • 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 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Tamilnad Mercantile Bank Ltd

No data available

Company Fundamentals for Tamilnad Mercantile Bank Ltd

No data available

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Tamilnad Mercantile Bank Ltd

NSE: TMB

Share Price

₹ 443.6

-2.50 (-0.56%)

stock direction

Last updated on: Nov 22, 2024

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 Nov 2024443.6
21 Nov 2024446.1
19 Nov 2024446.15
18 Nov 2024438.85
14 Nov 2024439.15
13 Nov 2024434.35
12 Nov 2024440.6
11 Nov 2024440.9
08 Nov 2024440.05
07 Nov 2024443.7

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/E Ratio

Company NamePEMarket Cap (INR Cr.)
Tamilnad Mercantile Bank Ltd67,024
HDFC Bank Ltd1913,34,418
ICICI Bank Ltd199,01,866
State Bank of India97,28,294
Axis Bank Ltd123,53,679
Kotak Mahindra Bank Ltd183,50,454

Key Valuation Metric of Tamilnad Mercantile Bank Ltd

No data available

No data available

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 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

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, name of the Bank was changed to Tamilnad Mercantile Bank Limited', with effect 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

News

Tamilnad Mercantile Bank appoints director

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

Read more

2024-08-20 00:00:00

News

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...

Read more

2024-08-19 00:00:00

News

Volumes spurt at Tamilnad Mercantile Bank Ltd counter

Cera Sanitaryware Ltd, Medplus Health Services Ltd, Samvardhana Motherson International Lt...

Read more

2024-08-05 00:00:00

News

Volumes soar at Tamilnad Mercantile Bank Ltd counter

Samvardhana Motherson International Ltd, Britannia Industries Ltd, Sheela Foam Ltd, Medplu...

Read more

2024-08-05 00:00:00

News

Tamilnad Mercantile Bank standalone net profit rises 9.98% in the June 2024 quarter

Net profit of Tamilnad Mercantile Bank rose 9.98% to Rs 287.29 crore in the quarter ended ...

Read more

2024-08-02 00:00:00

Product Composition

Document

Annual Reports

N/A

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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 23 Nov 2024.

What is the average PE Ratio of the Banks industry?

The average industry PE Ratio of Banks is 13.7 as on 23 Nov 2024.

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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