TAMILNAD MERCANTILE BANK
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The Current P/S Ratio of TAMILNAD MERCANTILE BANK is 1.45.
Share Price | ₹467.5 | Dec 20,2024 |
Market Cap | ₹7,405.2 Cr | |
Sales-TTM | ₹5,101.4 Cr | TTM-Standalone Results |
Price/Sales | 1.45x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of TAMILNAD MERCANTILE BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹7,405.2 Cr] as on Dec 20,2024
(/) Sales [ ₹5,101.4 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.45x ]
Thus, for TAMILNAD MERCANTILE BANK , the investors are currently willing to pay '1.45 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of TAMILNAD MERCANTILE BANK !
The chart below summarizes the trend in P/S Ratio of TAMILNAD MERCANTILE BANK over the last five years.
Historical PS (Price/Sales) ratio chart of TAMILNAD MERCANTILE BANK
PS Ratio Performance Analysis for TAMILNAD MERCANTILE BANK
- TAMILNAD MERCANTILE BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.63x.
- TAMILNAD MERCANTILE BANK 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAMILNAD MERCANTILE BANK 's p/e ratio peaked in Mar2024 at 1.59x.
- TAMILNAD MERCANTILE BANK 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does TAMILNAD MERCANTILE BANK 's P/S Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TAMILNAD MERCANTILE BANK | 5,101.4 | 1.45 | 7,405.2 |
HDFC BANK LTD | 321,990.0 | 4.21 | 1,355,210.0 |
ICICI BANK LTD | 174,379.0 | 5.21 | 908,015.0 |
KOTAK MAHINDRA BANK LTD | 61,914.9 | 5.60 | 346,648.0 |
AXIS BANK LTD | 121,855.0 | 2.72 | 331,811.0 |
INDUSIND BANK LTD | 49,003.8 | 1.48 | 72,451.8 |
IDBI BANK LTD | 27,658.5 | 2.96 | 81,804.3 |
YES BANK LTD | 29,909.2 | 2.08 | 62,198.2 |
IDFC FIRST BANK LTD | 33,845.7 | 1.33 | 45,178.0 |
AU SMALL FINANCE BANK LTD | 13,245.0 | 3.02 | 39,945.1 |
THE FEDERAL BANK LTD | 26,157.7 | 1.82 | 47,621.2 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs TAMILNAD MERCANTILE BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.33x |
Max industry PS | 5.60x |
Median industry PS | 2.72x |
Average industry PS | 2.90x |
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