Tamilnad Mercantile Bank Limited Peer Comparison
TMB · Financial Services · Current price ₹858.9
Peers tracked
11
Tamilnad Mercantile Bank Limited P/E
10.2x
Sector
Financial Services
Tamilnad Mercantile Bank Limited vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| HDFC Bank Limited | ₹728.85 | 13.0x | 11,22,628 |
| ICICI Bank Limited | ₹1,397 | 16.6x | 10,02,871 |
| State Bank of India | ₹962.6 | 11.7x | 8,87,723 |
| Kotak Mahindra Bank Limited | ₹447.4 | 20.4x | 4,43,676 |
| Axis Bank Limited | ₹1,290 | 14.0x | 4,00,583 |
| Punjab National Bank | ₹116.3 | 6.1x | 1,33,433 |
| Union Bank of India | ₹171.68 | 6.7x | 1,31,298 |
| Bank of Baroda | ₹230.4 | 6.7x | 1,18,941 |
| Indian Bank | ₹854.1 | 9.1x | 1,14,896 |
| Canara Bank | ₹118.29 | 5.7x | 1,07,578 |
| Tamilnad Mercantile Bank Limited | ₹857.3 | 10.1x | 13,565 |
Tamilnad Mercantile Bank Limited versus its peers
Tamilnad Mercantile Bank Limited operates in the Financial Services space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 10.2x may be cheap in one industry and expensive in another.
More on Tamilnad Mercantile Bank Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

