SUN TV NETWORK
|
The Current P/B Ratio of SUN TV NETWORK is 2.77.
Share Price | ₹741.2 | Nov 22,2024 |
Market Cap | ₹29,208.7 Cr | |
Book Value | ₹10,536.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.77x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SUN TV NETWORK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹29,208.7 Cr] as on Nov 22,2024
(/) Book Value [ ₹10,536.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.77x ]
Thus, for SUN TV NETWORK , the investors are currently willing to pay '2.77 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 SUN TV NETWORK !
The chart below summarizes the trend in P/B Ratio of SUN TV NETWORK over the last five years.
Historical PB (Price/Book ) ratio chart of SUN TV NETWORK
PB Ratio Performance Analysis for SUN TV NETWORK
- SUN TV NETWORK 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.20x.
- SUN TV NETWORK 's operated at median p/b ratio of 2.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUN TV NETWORK 's p/b ratio peaked in Mar2021 at 2.63x.
- SUN TV NETWORK 's p/b ratio hit its five-year low in Mar2023 of 1.77x.
How does SUN TV 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 |
---|---|---|---|
SUN TV NETWORK | 10,536.00 | 2.77 | 29,208.7 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,872.80 | 1.03 | 11,252.5 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 6,653.53 | 1.85 | 12,279.0 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.69 | 1,900.2 |
DEN NETWORKS LTD | 3,420.11 | 0.60 | 2,059.7 |
GTPL HATHWAY LTD | 1,159.84 | 1.35 | 1,569.4 |
NEW DELHI TELEVISION LTD | 257.88 | 4.23 | 1,090.5 |
ENTERTAINMENT NETWORK (INDIA) LTD | 771.26 | 1.14 | 876.9 |
TV TODAY NETWORK LTD | 867.39 | 1.30 | 1,130.7 |
ZEE MEDIA CORPORATION LTD | 248.12 | 4.59 | 1,138.3 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs SUN TV NETWORK 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.69x |
Max industry PB | 4.59x |
Median industry PB | 1.30x |
Average industry PB | 1.69x |
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