This study presents a comparative evaluation of analytical methods to allocate individual marks from a team mark. Only the methods that use or can be converted into some form of mathematical equations are analysed. Some of these methods focus primarily on the assessment of the quality of teamwork product (product assessment) while the others put greater emphasis on the assessment of teamwork performance (process assessment). The remaining methods try to strike a balance between product assessment and process assessment. To discuss the characteristics of these methods, graphical plots generated by the mathematical equations that collectively cover all possible team learning scenarios are discussed. Finally, a typical teamwork example is used to simplify the discussions. Although each of the methods discussed has its own merits for a particular application scenario, recent methods are relatively better in terms of a number of evaluation criteria.