TAMILNAD MERCANTILE BANK
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The Current P/S Ratio of TAMILNAD MERCANTILE BANK is 1.81.
| Share Price | ₹639.9 | Apr 24,2026 |
| Market Cap | ₹10,136.0 Cr | |
| Sales-TTM | ₹5,610.7 Cr | TTM-Standalone Results |
| Price/Sales | 1.81x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
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 [ ₹10,136.0 Cr] as on Apr 24,2026
(/) Sales [ ₹5,610.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.81x ]
Thus, for TAMILNAD MERCANTILE BANK , the investors are currently willing to pay '1.81 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 Mar2025 to Mar2021 averaged 0.88x.
- TAMILNAD MERCANTILE BANK 's operated at median p/e ratio of 1.23x 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 | 5,610.7 | 1.81 | 10,136.0 |
| HDFC BANK LTD | 348,615.0 | 3.47 | 1,208,370.0 |
| ICICI BANK LTD | 195,218.0 | 4.87 | 950,348.0 |
| KOTAK MAHINDRA BANK LTD | 68,725.8 | 5.37 | 369,213.0 |
| AXIS BANK LTD | 130,820.0 | 3.25 | 424,661.0 |
| INDUSIND BANK LTD | 45,879.2 | 1.44 | 66,091.6 |
| IDBI BANK LTD | 28,198.8 | 2.91 | 81,997.8 |
| YES BANK LTD | 30,208.4 | 2.06 | 62,258.8 |
| IDFC FIRST BANK LTD | 39,409.0 | 1.47 | 57,832.6 |
| THE FEDERAL BANK LTD | 28,835.4 | 2.50 | 72,213.4 |
| AU SMALL FINANCE BANK LTD | 17,887.8 | 4.46 | 79,745.1 |
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 | 1.44x |
| Max industry PS | 5.37x |
| Median industry PS | 2.91x |
| Average industry PS | 3.05x |
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