Tamilnad Mercantile Bank P/B Ratio

TMB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.12
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.12
Current Price ₹651.75
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 Fairly Valued
Historical Avg 1.06
Historical Range 0.9 - 1.28
Percentile 50.0%

Sector Context

Sector Average 1.55
Sector Median 1.31
Sector Rank #11 of 40
Sector Percentile 27.5%

Key P/B Ratio Insights for Tamilnad Mercantile Bank

  • 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
1.31
Lowest P/B
0.64
Highest P/B
4.01
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.64 ₹7,672 Low
Suryoday Small Finance B… SURYODAY 0.67 ₹1,404 Low
Dhanlaxmi Bank DHANBANK 0.74 ₹942 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.8 ₹2,461 Low
ESAF Small Finance Bank ESAFSFB 0.8 ₹1,392 Low
Capital Small Finance Ba… CAPITALSFB 0.85 ₹1,190 Low
Jana Small Finance Bank JSFB 0.91 ₹3,903 Low
Jammu & Kashmir Bank J&KBANK 0.94 ₹13,367 Low
South Indian Bank SOUTHBANK 0.99 ₹10,769 Low
Bank of Baroda BANKBARODA 1.02 ₹166,492 Moderate