MUSIC BROADCAST
|
The Current P/B Ratio of MUSIC BROADCAST is 0.79.
Share Price | ₹12.2 | Jan 14,2025 |
Market Cap | ₹421.4 Cr | |
Book Value | ₹531.7 Cr | Mar2024 - Standalone Results |
Price/Book | 0.79x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MUSIC BROADCAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹421.4 Cr] as on Jan 14,2025
(/) Book Value [ ₹531.7 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.79x ]
Thus, for MUSIC BROADCAST , the investors are currently willing to pay '0.79 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 MUSIC BROADCAST !
The chart below summarizes the trend in P/B Ratio of MUSIC BROADCAST over the last five years.
Historical PB (Price/Book ) ratio chart of MUSIC BROADCAST
PB Ratio Performance Analysis for MUSIC BROADCAST
- MUSIC BROADCAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.07x.
- MUSIC BROADCAST 's operated at median p/b ratio of 1.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MUSIC BROADCAST 's p/b ratio peaked in Mar2022 at 1.48x.
- MUSIC BROADCAST 's p/b ratio hit its five-year low in Mar2023 of 0.71x.
How does MUSIC BROADCAST '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 |
---|---|---|---|
MUSIC BROADCAST | 531.68 | 0.79 | 421.4 |
SUN TV NETWORK LTD | 10,536.00 | 2.46 | 25,942.6 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,872.80 | 1.10 | 11,963.3 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 14,979.80 | 0.63 | 9,481.8 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.59 | 1,624.0 |
DEN NETWORKS LTD | 3,420.11 | 0.55 | 1,872.6 |
GTPL HATHWAY LTD | 1,159.84 | 1.16 | 1,350.7 |
NEW DELHI TELEVISION LTD | 257.88 | 3.72 | 958.0 |
ENTERTAINMENT NETWORK (INDIA) LTD | 771.26 | 1.00 | 771.3 |
TV TODAY NETWORK LTD | 867.39 | 1.41 | 1,219.9 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs MUSIC BROADCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.59x |
Max industry PB | 3.72x |
Median industry PB | 1.00x |
Average industry PB | 1.15x |
You may also like the below Video Courses