Tamilnad Mercantile Bank P/B Ratio

TMB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.93
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.93
Current Price ₹564.75
Book Value/Share ₹570.19
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹9,009 Cr
Share Capital ₹158 Cr
Reserves & Surplus ₹8,850 Cr
Outstanding Shares 158,000,000
Book Value per Share ₹570.19

Valuation Signal

Signal Undervalued
Historical Avg 1.06
Historical Range 0.9 - 1.28
Percentile 50.0%

Sector Context

Sector Average 1.55
Sector Median 1.35
Sector Rank #10 of 40
Sector Percentile 25.0%

Key P/B Ratio Insights for Tamilnad Mercantile Bank

  • Stock appears undervalued with PB of 0.93, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Trading at discount to sector average PB of 1.55

View the current stock price of Tamilnad Mercantile Bank for more insights.

P/B Ratio Historical Trend for Tamilnad Mercantile Bank

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.9 ₹570.19 ₹513.80 ₹9,009 Low
2024 0.9 ₹501.33 ₹451.90 ₹7,921 Low
2023 1.15 ₹438.48 ₹504.45 ₹6,928 Moderate
2022 1.28 ₹373.15 ₹478.60 ₹5,336 Moderate

Sector P/B Ratio Comparison

Comparing Tamilnad Mercantile Bank with other companies in Banks sector
Sector Average
1.55
Sector Median
1.35
Lowest P/B
0.63
Highest P/B
4.18
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.63 ₹7,619 Low
Suryoday Small Finance B… SURYODAY 0.77 ₹1,528 Low
ESAF Small Finance Bank ESAFSFB 0.78 ₹1,362 Low
Dhanlaxmi Bank DHANBANK 0.83 ₹1,040 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.83 ₹2,710 Low
Jammu & Kashmir Bank J&KBANK 0.84 ₹11,472 Low
Bank of India BANKINDIA 0.87 ₹66,920 Low
Capital Small Finance Ba… CAPITALSFB 0.87 ₹1,224 Low
South Indian Bank SOUTHBANK 0.92 ₹9,855 Low
Bandhan Bank BANDHANBNK 0.97 ₹23,639 Low