Home > PE Ratio > DEN NETWORKS

DEN NETWORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DEN NETWORKS is 8.81.

Share Price ₹39.4Jan 31,2025
Market Cap ₹1,879.7 Cr
Earnings-TTM₹213.4 CrTTM-Consolidated Results
Price/Earnings8.81xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for DEN NETWORKS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of DEN NETWORKS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of DEN NETWORKS is calculated as :

Current Market Cap [ ₹1,879.7 Cr] as on Jan 31,2025

(/) Earnings [ ₹213.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.81x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for DEN NETWORKS , the investors are currently willing to pay 8.81 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of DEN NETWORKS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of DEN NETWORKS over the last five years.

Historical PE (Price/Earnings) ratio chart of DEN NETWORKS


PE Ratio Performance Analysis for DEN NETWORKS

- DEN NETWORKS 's latest p/e ratio is 8.81x.

- DEN NETWORKS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.56x.

- DEN NETWORKS 's operated at median p/e ratio of 10.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DEN NETWORKS 's p/e ratio peaked in Mar2020 at 20.21x.

- DEN NETWORKS 's p/e ratio hit its five-year low in Mar2023 of 5.25x.


How does DEN NETWORKS 's P/E Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?

Peer Comparison (TV Broadcasting & Software Production Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DEN NETWORKS 213.408.811,879.7
SUN TV NETWORK LTD1,825.7313.3524,382.0
ZEE ENTERTAINMENT ENTERPRISES LTD510.5819.8710,143.1
NETWORK 18 MEDIA & INVESTMENTS LTD-2,150.23-3.788,131.0
TV18 BROADCAST LTD-434.86-17.877,772.9
DISH TV INDIA LTD-2,031.46-0.761,543.0
GTPL HATHWAY LTD53.4224.141,289.4
NEW DELHI TELEVISION LTD-164.75-5.57917.4
ENTERTAINMENT NETWORK (INDIA) LTD23.3231.08724.6
TV TODAY NETWORK LTD100.2311.481,150.4
ZEE MEDIA CORPORATION LTD-102.54-10.381,064.5

TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs DEN NETWORKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -17.87x
Max industry PE 31.08x
Median industry PE 8.81x
Average industry PE 6.40x



You may also like the below Video Courses