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ENTERTAINMENT NETWORK (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of ENTERTAINMENT NETWORK (INDIA) is 1.15.

Share Price ₹186.3Dec 02,2024
Market Cap ₹888.4 Cr
Book Value₹771.3 CrMar2024 - Consolidated Results
Price/Book 1.15xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ENTERTAINMENT NETWORK (INDIA)

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ENTERTAINMENT NETWORK (INDIA) is calculated as :

Current Market Cap [ ₹888.4 Cr] as on Dec 02,2024

(/) Book Value [ ₹771.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.15x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay '1.15 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 latest p/b ratio is 1.15x.

- 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 ValuePB RatioMarket Cap
ENTERTAINMENT NETWORK (INDIA) 771.261.15888.4
SUN TV NETWORK LTD10,536.002.8329,848.0
ZEE ENTERTAINMENT ENTERPRISES LTD10,872.801.1512,549.2
NETWORK 18 MEDIA & INVESTMENTS LTD14,979.800.8112,200.3
TV18 BROADCAST LTD16,814.500.467,772.9
DISH TV INDIA LTD-2,759.58-0.752,078.8
DEN NETWORKS LTD3,420.110.632,164.7
GTPL HATHWAY LTD1,159.841.441,666.1
NEW DELHI TELEVISION LTD257.884.411,136.0
TV TODAY NETWORK LTD867.391.411,222.9
ZEE MEDIA CORPORATION LTD248.124.991,238.4

TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.75x
Max industry PB 4.99x
Median industry PB 1.15x
Average industry PB 1.69x



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