Tamilnad Mercantile Bank Stock Book Value Per Share

TMB Stock   426.20  3.20  0.76%   
Tamilnad Mercantile Bank fundamentals help investors to digest information that contributes to Tamilnad Mercantile's financial success or failures. It also enables traders to predict the movement of Tamilnad Stock. The fundamental analysis module provides a way to measure Tamilnad Mercantile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tamilnad Mercantile stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tamilnad Mercantile Bank Company Book Value Per Share Analysis

Tamilnad Mercantile's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Tamilnad Mercantile Book Value Per Share

    
  532.49 X  
Most of Tamilnad Mercantile's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tamilnad Mercantile Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Tamilnad Common Stock Shares Outstanding

Common Stock Shares Outstanding

159.67 Million

At present, Tamilnad Mercantile's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of Tamilnad Mercantile Bank is about 532 times. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The book value per share for all India stocks is 72.43% higher than that of the company.

Tamilnad Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tamilnad Mercantile's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tamilnad Mercantile could also be used in its relative valuation, which is a method of valuing Tamilnad Mercantile by comparing valuation metrics of similar companies.
Tamilnad Mercantile is currently under evaluation in book value per share category among its peers.

Tamilnad Fundamentals

About Tamilnad Mercantile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tamilnad Mercantile Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tamilnad Mercantile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tamilnad Mercantile Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Tamilnad Stock

Tamilnad Mercantile financial ratios help investors to determine whether Tamilnad Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamilnad with respect to the benefits of owning Tamilnad Mercantile security.