TAMILNAD MERCANTILE BANK
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The Current P/S Ratio of TAMILNAD MERCANTILE BANK is 1.91.
| Share Price | ₹782.4 | Nov 03,2026 |
| Market Cap | ₹12,393.2 Cr | |
| Sales-TTM | ₹6,502.4 Cr | TTM-Standalone Results |
| Price/Sales | 1.91x | 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 [ ₹12,393.2 Cr] as on Nov 03,2026
(/) Sales [ ₹6,502.4 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.91x ]
Thus, for TAMILNAD MERCANTILE BANK , the investors are currently willing to pay '1.91 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 Mar2026 to Mar2022 averaged 1.20x.
- TAMILNAD MERCANTILE BANK 's operated at median p/e ratio of 1.58x 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 | 6,502.4 | 1.91 | 12,393.2 |
| HDFC BANK LTD | 359,956.0 | 3.11 | 1,118,540.0 |
| ICICI BANK LTD | 206,190.0 | 4.96 | 1,022,620.0 |
| KOTAK MAHINDRA BANK LTD | 73,544.6 | 6.28 | 461,582.0 |
| AXIS BANK LTD | 141,510.0 | 2.71 | 383,343.0 |
| IDBI BANK LTD | 30,952.6 | 2.70 | 83,470.9 |
| AU SMALL FINANCE BANK LTD | 20,661.2 | 3.21 | 66,223.6 |
| THE FEDERAL BANK LTD | 31,551.5 | 2.62 | 82,709.7 |
| INDUSIND BANK LTD | 45,484.2 | 1.47 | 67,006.5 |
| YES BANK LTD | 31,919.1 | 1.51 | 48,309.9 |
| IDFC FIRST BANK LTD | 43,944.1 | 1.44 | 63,176.9 |
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 | 6.28x |
| Median industry PS | 2.70x |
| Average industry PS | 2.90x |
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