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TAMILNAD MERCANTILE BANK
PS (Price/Sales) Ratio

The Current P/S Ratio of TAMILNAD MERCANTILE BANK is 1.45.

Share Price ₹467.5Dec 20,2024
Market Cap ₹7,405.2 Cr
Sales-TTM₹5,101.4 CrTTM-Standalone Results
Price/Sales1.45xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TAMILNAD MERCANTILE BANK

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of TAMILNAD MERCANTILE BANK is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 1.45x.

- 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 RatioMarket Cap (Cr)
TAMILNAD MERCANTILE BANK 5,101.41.457,405.2
HDFC BANK LTD321,990.04.211,355,210.0
ICICI BANK LTD174,379.05.21908,015.0
KOTAK MAHINDRA BANK LTD61,914.95.60346,648.0
AXIS BANK LTD121,855.02.72331,811.0
INDUSIND BANK LTD49,003.81.4872,451.8
IDBI BANK LTD27,658.52.9681,804.3
YES BANK LTD29,909.22.0862,198.2
IDFC FIRST BANK LTD33,845.71.3345,178.0
AU SMALL FINANCE BANK LTD13,245.03.0239,945.1
THE FEDERAL BANK LTD26,157.71.8247,621.2

Bank - Private Industry Benchmark (Top 10) PS Analysis vs TAMILNAD MERCANTILE BANK 's P/S Ratio

Top 10 Industry PeersPS 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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