RAJ TELEVISION NETWORK
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The Current P/B Ratio of RAJ TELEVISION NETWORK is 1.89.
Share Price | ₹52.7 | Nov 08,2024 |
Market Cap | ₹273.5 Cr | |
Book Value | ₹144.5 Cr | Mar2024 - Standalone Results |
Price/Book | 1.89x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAJ TELEVISION NETWORK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹273.5 Cr] as on Nov 08,2024
(/) Book Value [ ₹144.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.89x ]
Thus, for RAJ TELEVISION NETWORK , the investors are currently willing to pay '1.89 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 RAJ TELEVISION NETWORK !
The chart below summarizes the trend in P/B Ratio of RAJ TELEVISION NETWORK over the last five years.
Historical PB (Price/Book ) ratio chart of RAJ TELEVISION NETWORK
PB Ratio Performance Analysis for RAJ TELEVISION NETWORK
- RAJ TELEVISION NETWORK 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.12x.
- RAJ TELEVISION NETWORK 's operated at median p/b ratio of 2.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJ TELEVISION NETWORK 's p/b ratio peaked in Mar2024 at 3.03x.
- RAJ TELEVISION NETWORK 's p/b ratio hit its five-year low in Mar2021 of 1.66x.
How does RAJ TELEVISION NETWORK '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 |
---|---|---|---|
RAJ TELEVISION NETWORK | 144.54 | 1.89 | 273.5 |
SUN TV NETWORK LTD | 10,536.00 | 2.82 | 29,698.2 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,872.80 | 1.08 | 11,771.2 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 6,653.53 | 1.90 | 12,623.6 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.83 | 2,297.9 |
DEN NETWORKS LTD | 3,420.11 | 0.66 | 2,241.5 |
GTPL HATHWAY LTD | 1,159.84 | 1.43 | 1,658.3 |
NEW DELHI TELEVISION LTD | 257.88 | 4.40 | 1,135.0 |
ENTERTAINMENT NETWORK (INDIA) LTD | 771.26 | 1.19 | 919.6 |
TV TODAY NETWORK LTD | 867.39 | 1.37 | 1,186.5 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs RAJ TELEVISION NETWORK 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.83x |
Max industry PB | 4.40x |
Median industry PB | 1.37x |
Average industry PB | 1.49x |
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