TAMILNAD MERCANTILE BANK
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The Current P/S Ratio of TAMILNAD MERCANTILE BANK is 1.26.
Share Price | ₹412.5 | Mar 11,2025 |
Market Cap | ₹6,534.0 Cr | |
Sales-TTM | ₹5,203.3 Cr | TTM-Standalone Results |
Price/Sales | 1.26x | 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 [ ₹6,534.0 Cr] as on Mar 11,2025
(/) Sales [ ₹5,203.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.26x ]
Thus, for TAMILNAD MERCANTILE BANK , the investors are currently willing to pay '1.26 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 | 5,203.3 | 1.26 | 6,534.0 |
HDFC BANK LTD | 329,022.0 | 3.92 | 1,289,220.0 |
ICICI BANK LTD | 180,551.0 | 4.87 | 879,836.0 |
KOTAK MAHINDRA BANK LTD | 64,053.1 | 6.01 | 384,711.0 |
AXIS BANK LTD | 125,152.0 | 2.54 | 317,555.0 |
INDUSIND BANK LTD | 50,232.4 | 1.02 | 51,102.1 |
IDBI BANK LTD | 28,928.8 | 2.70 | 78,180.7 |
YES BANK LTD | 30,753.4 | 1.67 | 51,357.4 |
IDFC FIRST BANK LTD | 35,309.2 | 1.15 | 40,546.9 |
THE FEDERAL BANK LTD | 27,337.3 | 1.61 | 44,040.5 |
AU SMALL FINANCE BANK LTD | 14,622.6 | 2.66 | 38,873.8 |
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 | 1.02x |
Max industry PS | 6.01x |
Median industry PS | 2.54x |
Average industry PS | 2.67x |
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