Tamilnad Mercantile Bank (NSE:TMB) ROE % Adjusted to Book Value: 16.52% (As of Mar. 2026)


NSE:TMB Tamilnad Mercantile Bank Ltd NSE:TMB
57 GF Score
Price ₹733.45
GF Value ₹559.87
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tamilnad Mercantile Bank ROE % Adjusted to Book Value?

Tamilnad Mercantile Bank NSE:TMB -0.47% 57 ROE % Adjusted to Book Value is 16.52% as of Mar. 2026. GuruFocus rates NSE:TMB with a GF Score™ of 57/100 and a GF Value™ of ₹559.87 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tamilnad Mercantile Bank's ROE % for the quarter that ended in Mar. 2026 was 15.03%. Tamilnad Mercantile Bank's PB Ratio for the quarter that ended in Mar. 2026 was 0.91. Tamilnad Mercantile Bank's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 16.52%.


Tamilnad Mercantile Bank ROE % Adjusted to Book Value Related Terms


Tamilnad Mercantile Bank ROE % Adjusted to Book Value Historical Data

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The historical data trend for Tamilnad Mercantile Bank's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tamilnad Mercantile Bank ROE % Adjusted to Book Value Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 18.04 14.89 19.40 15.37

Tamilnad Mercantile Bank Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.00 17.50 19.06 17.13 16.52

Tamilnad Mercantile Bank ROE % Adjusted to Book Value Competitor Comparison

For the Banks - Regional subindustry, Tamilnad Mercantile Bank's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamilnad Mercantile Bank ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tamilnad Mercantile Bank's ROE % Adjusted to Book Value falls into.


NSE:TMB
57GF Score
Tamilnad Mercantile Bank Ltd NSE:TMB
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamilnad Mercantile Bank ROE % Adjusted to Book Value Calculation

Tamilnad Mercantile Bank's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.99% / 0.91
=15.37%

Tamilnad Mercantile Bank's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.03% / 0.91
=16.52%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 16.52% mean?
Tamilnad Mercantile Bank (NSE:TMB) has a ROE % Adjusted to Book Value of 16.52% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tamilnad Mercantile Bank and its competitors.
Is Tamilnad Mercantile Bank's ROE % Adjusted to Book Value too high?
Tamilnad Mercantile Bank's current ROE % Adjusted to Book Value is 16.52%. Overall, Tamilnad Mercantile Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamilnad Mercantile Bank's ROE % Adjusted to Book Value compare to competitors?
Tamilnad Mercantile Bank's ROE % Adjusted to Book Value of 16.52% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tamilnad Mercantile Bank and its competitors. Tamilnad Mercantile Bank's current ROE % Adjusted to Book Value is 16.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamilnad Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Tamilnad Mercantile Bank (NSE:TMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹559.87, compared to a current price of ₹733.45 — trading 31% above its estimated fair value. The current ROE % Adjusted to Book Value is 16.52%. Tamilnad Mercantile Bank's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Tamilnad Mercantile Bank (NSE:TMB), the current ROE % Adjusted to Book Value is 16.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tamilnad Mercantile Bank (NSE:TMB) Overvalued in 2026?

Based on GuruFocus' analysis, Tamilnad Mercantile Bank stock appears to be overvalued. The current stock price of ₹733.45 is trading 31% above its estimated GF Value™ of ₹559.87. GuruFocus considers Tamilnad Mercantile Bank to be Significantly Overvalued.

Key valuation signals for NSE:TMB:

  • ROE % Adjusted to Book Value: 16.52%
  • GF Value™: ₹559.87 vs. price of ₹733.45 (31% above fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the NSE:TMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamilnad Mercantile Bank Business Description

Other Exchanges 543596:India
Address No. 57, Victoria Extension Road, Tuticorin, TN, IND, 628 002
Tamilnad Mercantile Bank Ltd is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate and Wholesale banking, Retail banking, and Other banking Operations. It generates the majority of its revenue from the Retail banking segment.
57GF Score

Get the complete analysis for NSE:TMB

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹733.45
Price
₹559.87
GF Value