Latest Tamilnad Mercantile Bank stock price

Tamilnad Mercantile Bank P/E Ratio

TMB • P/E ratio trend, valuation band, and sector comparison — all formatted to support journal-based trading review.
Current P/E Ratio
8.7
Low Valuation
Very Low - Potentially undervalued or facing challenges

Current Valuation Metrics

P/E Ratio 8.7
Current Price ₹672.15
EPS (TTM) ₹74.68
Exchange NSE

Valuation Signal

Signal Undervalued

Sector Context

Sector Average 15.4
Sector Median 14.15
Sector Rank #11 of 36
Sector Percentile 30.6%

Key P/E Ratio Insights for Tamilnad Mercantile Bank

  • Stock appears undervalued with PE of 8.7, suggesting potential buying opportunity
  • Trading at discount to sector average PE of 15.4

View the TMB equity price for detailed stock performance.

Sector P/E Ratio Comparison

Comparing Tamilnad Mercantile Bank with other companies in Banks sector
Sector Average
15.4
Sector Median
14.15
Lowest P/E
6.23
Highest P/E
39.8
Companies
36
Company Symbol P/E Ratio Market Cap (₹ Cr) Valuation
Jammu & Kashmir Bank J&KBANK 6.23 ₹13,367 Low
Karnataka Bank KTKBANK 6.74 ₹7,672 Low
Central Bank of India CENTRALBK 7.49 ₹36,269 Low
Canara Bank CANBK 7.83 ₹142,745 Low
South Indian Bank SOUTHBANK 7.86 ₹10,769 Low
Union Bank of India UNIONBANK 8.12 ₹154,405 Low
Bank of India BANKINDIA 8.21 ₹80,150 Low
Punjab National Bank PNB 8.39 ₹148,765 Low
Bank of Baroda BANKBARODA 8.54 ₹166,492 Low
DCB Bank DCBBANK 8.61 ₹5,970 Low