ZEE ENTERTAINMENT ENTERPRISES
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The Current P/B Ratio of ZEE ENTERTAINMENT ENTERPRISES is 1.07.
Share Price | ₹121.4 | Jan 17,2025 |
Market Cap | ₹11,660.5 Cr | |
Book Value | ₹10,872.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.07x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ZEE ENTERTAINMENT ENTERPRISES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,660.5 Cr] as on Jan 17,2025
(/) Book Value [ ₹10,872.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.07x ]
Thus, for ZEE ENTERTAINMENT ENTERPRISES , the investors are currently willing to pay '1.07 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 ZEE ENTERTAINMENT ENTERPRISES !
The chart below summarizes the trend in P/B Ratio of ZEE ENTERTAINMENT ENTERPRISES over the last five years.
Historical PB (Price/Book ) ratio chart of ZEE ENTERTAINMENT ENTERPRISES
PB Ratio Performance Analysis for ZEE ENTERTAINMENT ENTERPRISES
- ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.78x.
- ZEE ENTERTAINMENT ENTERPRISES 's operated at median p/b ratio of 1.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio peaked in Mar2022 at 2.55x.
- ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio hit its five-year low in Mar2024 of 1.23x.
How does ZEE ENTERTAINMENT ENTERPRISES '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 |
---|---|---|---|
ZEE ENTERTAINMENT ENTERPRISES | 10,872.80 | 1.07 | 11,660.5 |
SUN TV NETWORK LTD | 10,536.00 | 2.43 | 25,589.9 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 14,979.80 | 0.58 | 8,696.9 |
TV18 BROADCAST LTD | 16,814.50 | 0.46 | 7,772.9 |
DISH TV INDIA LTD | -2,759.58 | -0.58 | 1,612.9 |
DEN NETWORKS LTD | 3,420.11 | 0.56 | 1,929.4 |
GTPL HATHWAY LTD | 1,159.84 | 1.16 | 1,342.3 |
NEW DELHI TELEVISION LTD | 257.88 | 3.98 | 1,027.0 |
ENTERTAINMENT NETWORK (INDIA) LTD | 771.26 | 1.02 | 787.3 |
TV TODAY NETWORK LTD | 867.39 | 1.45 | 1,262.0 |
ZEE MEDIA CORPORATION LTD | 248.12 | 4.67 | 1,158.9 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs ZEE ENTERTAINMENT ENTERPRISES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.58x |
Max industry PB | 4.67x |
Median industry PB | 1.07x |
Average industry PB | 1.53x |
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