NETWORK 18 MEDIA & INVESTMENTS
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The Current P/B Ratio of NETWORK 18 MEDIA & INVESTMENTS is 1.94.
Share Price | ₹84.2 | Nov 21,2024 |
Market Cap | ₹12,907.6 Cr | |
Book Value | ₹6,653.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.94x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NETWORK 18 MEDIA & INVESTMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹12,907.6 Cr] as on Nov 21,2024
(/) Book Value [ ₹6,653.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.94x ]
Thus, for NETWORK 18 MEDIA & INVESTMENTS , the investors are currently willing to pay '1.94 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 NETWORK 18 MEDIA & INVESTMENTS !
The chart below summarizes the trend in P/B Ratio of NETWORK 18 MEDIA & INVESTMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of NETWORK 18 MEDIA & INVESTMENTS
PB Ratio Performance Analysis for NETWORK 18 MEDIA & INVESTMENTS
- NETWORK 18 MEDIA & INVESTMENTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.03x.
- NETWORK 18 MEDIA & INVESTMENTS 's operated at median p/b ratio of 6.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NETWORK 18 MEDIA & INVESTMENTS 's p/b ratio peaked in Mar2022 at 11.67x.
- NETWORK 18 MEDIA & INVESTMENTS 's p/b ratio hit its five-year low in Mar2020 of 3.69x.
How does NETWORK 18 MEDIA & INVESTMENTS '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 |
---|---|---|---|
NETWORK 18 MEDIA & INVESTMENTS | 6,653.53 | 1.94 | 12,907.6 |
SUN TV NETWORK LTD | 10,536.00 | 2.73 | 28,750.4 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,872.80 | 1.05 | 11,387.0 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.70 | 1,931.5 |
DEN NETWORKS LTD | 3,420.11 | 0.60 | 2,042.0 |
GTPL HATHWAY LTD | 1,159.84 | 1.36 | 1,578.4 |
NEW DELHI TELEVISION LTD | 257.88 | 4.21 | 1,084.7 |
ENTERTAINMENT NETWORK (INDIA) LTD | 771.26 | 1.09 | 839.7 |
TV TODAY NETWORK LTD | 867.39 | 1.27 | 1,097.3 |
ZEE MEDIA CORPORATION LTD | 248.12 | 4.66 | 1,155.2 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs NETWORK 18 MEDIA & INVESTMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.70x |
Max industry PB | 4.66x |
Median industry PB | 1.27x |
Average industry PB | 1.70x |
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