ENTERTAINMENT NETWORK (INDIA)
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The Current P/E Ratio of ENTERTAINMENT NETWORK (INDIA) is 36.87.
Share Price | ₹180.2 | Nov 26,2024 |
Market Cap | ₹859.6 Cr | |
Earnings-TTM | ₹23.3 Cr | TTM-Consolidated Results |
Price/Earnings | 36.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ENTERTAINMENT NETWORK (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹859.6 Cr] as on Nov 26,2024
(/) Earnings [ ₹23.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.87x ]
Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay 36.87 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 ENTERTAINMENT NETWORK (INDIA) !
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 ENTERTAINMENT NETWORK (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ENTERTAINMENT NETWORK (INDIA)
PE Ratio Performance Analysis for ENTERTAINMENT NETWORK (INDIA)
- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.32x.
- ENTERTAINMENT NETWORK (INDIA) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENTERTAINMENT NETWORK (INDIA) 's p/e ratio peaked in Mar2020 at 53.4x.
- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ENTERTAINMENT NETWORK (INDIA) '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 Ratio | Market Cap |
---|---|---|---|
ENTERTAINMENT NETWORK (INDIA) | 23.32 | 36.87 | 859.6 |
SUN TV NETWORK LTD | 1,825.73 | 16.22 | 29,615.5 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 400.32 | 28.94 | 11,583.9 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -769.68 | -15.86 | 12,209.6 |
TV18 BROADCAST LTD | -434.86 | -17.87 | 7,772.9 |
DISH TV INDIA LTD | -2,031.46 | -0.97 | 1,972.0 |
DEN NETWORKS LTD | 219.97 | 9.67 | 2,127.0 |
GTPL HATHWAY LTD | 69.00 | 23.09 | 1,593.6 |
NEW DELHI TELEVISION LTD | -119.89 | -8.86 | 1,062.2 |
TV TODAY NETWORK LTD | 100.23 | 11.95 | 1,197.6 |
ZEE MEDIA CORPORATION LTD | -102.54 | -10.92 | 1,119.5 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.87x |
Max industry PE | 36.87x |
Median industry PE | 9.67x |
Average industry PE | 6.57x |
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