Tamilnad Mercantile Bank P/E Ratio
Current P/E Ratio
9.24
Low Valuation
Very Low - Potentially undervalued or facing challenges
Tamilnad Mercantile Bank (TMB) P/E ratio is 9.24 (Low), EPS (TTM) ₹84.47, current price ₹878.55 on NSE — Very Low - Potentially undervalued or facing challenges. For live price, revenue and the complete fundamental profile, see Tamilnad Mercantile Bank share price screener.
Current Valuation Metrics
P/E Ratio
9.24
Current Price
₹878.55
EPS (TTM)
₹84.47
Exchange
NSE
Valuation Signal
Signal
Undervalued
Sector Context
Sector Average
16.32
Sector Median
12.1
Sector Rank
#11 of 38
Sector Percentile
28.9%
TMB P/E Ratio — Valuation Signal & Historical Context
Tamilnad Mercantile Bank P/E 9.24 — signal: Undervalued. Compare with Tamilnad Mercantile Bank valuation methods to assess whether the stock is under or overvalued.
- Stock appears undervalued with PE of 9.24, suggesting potential buying opportunity
- Trading at discount to sector average PE of 16.32
TMB vs Banks Peers — P/E Ratio Comparison
Tamilnad Mercantile Bank P/E 9.24 vs Banks average 16.32, median 12.1 — range 5.56–65.56.
Sector Average
16.32
Sector Median
12.1
Lowest P/E
5.56
Highest P/E
65.56
Companies
38
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Bank of India | BANKINDIA | 5.56 | ₹65,445 | Low |
| Canara Bank | CANBK | 6.0 | ₹118,916 | Low |
| Punjab National Bank | PNB | 6.1 | ₹134,835 | Low |
| Central Bank of India | CENTRALBK | 6.22 | ₹28,304 | Low |
| Union Bank of India | UNIONBANK | 6.92 | ₹144,199 | Low |
| Bank of Baroda | BANKBARODA | 6.98 | ₹127,500 | Low |
| Jammu & Kashmir Bank | J&KBANK | 7.44 | ₹16,294 | Low |
| DCB Bank | DCBBANK | 7.45 | ₹5,929 | Low |
| South Indian Bank | SOUTHBANK | 7.93 | ₹11,837 | Low |
| Karnataka Bank | KTKBANK | 8.15 | ₹11,592 | Low |