ENTERTAINMENT NETWORK (INDIA)
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The Current P/B Ratio of ENTERTAINMENT NETWORK (INDIA) is 1.11.
Share Price | ₹180.2 | Nov 26,2024 |
Market Cap | ₹859.6 Cr | |
Book Value | ₹771.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.11x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ENTERTAINMENT NETWORK (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹859.6 Cr] as on Nov 26,2024
(/) Book Value [ ₹771.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.11x ]
Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay '1.11 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of ENTERTAINMENT NETWORK (INDIA) !
The chart below summarizes the trend in P/B Ratio of ENTERTAINMENT NETWORK (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of ENTERTAINMENT NETWORK (INDIA)
PB Ratio Performance Analysis for ENTERTAINMENT NETWORK (INDIA)
- ENTERTAINMENT NETWORK (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.06x.
- ENTERTAINMENT NETWORK (INDIA) 's operated at median p/b ratio of 0.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENTERTAINMENT NETWORK (INDIA) 's p/b ratio peaked in Mar2024 at 1.61x.
- ENTERTAINMENT NETWORK (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.62x.
How does ENTERTAINMENT NETWORK (INDIA) 's P/B Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?
Peer Comparison (TV Broadcasting & Software Production Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ENTERTAINMENT NETWORK (INDIA) | 771.26 | 1.11 | 859.6 |
SUN TV NETWORK LTD | 10,536.00 | 2.81 | 29,615.5 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,872.80 | 1.07 | 11,583.9 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 6,653.53 | 1.84 | 12,209.6 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.71 | 1,972.0 |
DEN NETWORKS LTD | 3,420.11 | 0.62 | 2,127.0 |
GTPL HATHWAY LTD | 1,159.84 | 1.37 | 1,593.6 |
NEW DELHI TELEVISION LTD | 257.88 | 4.12 | 1,062.2 |
TV TODAY NETWORK LTD | 867.39 | 1.38 | 1,197.6 |
ZEE MEDIA CORPORATION LTD | 248.12 | 4.51 | 1,119.5 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.71x |
Max industry PB | 4.51x |
Median industry PB | 1.37x |
Average industry PB | 1.69x |
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