NETWORK 18 MEDIA & INVESTMENTS
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The Current P/E Ratio of NETWORK 18 MEDIA & INVESTMENTS is -15.95.
Share Price | ₹79.6 | Nov 22,2024 |
Market Cap | ₹12,278.9 Cr | |
Earnings-TTM | ₹-769.7 Cr | TTM-Consolidated Results |
Price/Earnings | -15.95x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NETWORK 18 MEDIA & INVESTMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹12,278.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹-769.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -15.95x ]
Thus, for NETWORK 18 MEDIA & INVESTMENTS , the investors are currently willing to pay -15.95 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 NETWORK 18 MEDIA & INVESTMENTS !
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 NETWORK 18 MEDIA & INVESTMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of NETWORK 18 MEDIA & INVESTMENTS
PE Ratio Performance Analysis for NETWORK 18 MEDIA & INVESTMENTS
- NETWORK 18 MEDIA & INVESTMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 31.87x.
- NETWORK 18 MEDIA & INVESTMENTS '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, NETWORK 18 MEDIA & INVESTMENTS 's p/e ratio peaked in Mar2021 at 116.9x.
- NETWORK 18 MEDIA & INVESTMENTS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does NETWORK 18 MEDIA & INVESTMENTS '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 |
---|---|---|---|
NETWORK 18 MEDIA & INVESTMENTS | -769.68 | -15.95 | 12,278.9 |
SUN TV NETWORK LTD | 1,825.73 | 16.00 | 29,207.6 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 400.32 | 28.11 | 11,252.5 |
TV18 BROADCAST LTD | -434.86 | -17.87 | 7,772.9 |
DISH TV INDIA LTD | -2,031.46 | -0.94 | 1,900.2 |
DEN NETWORKS LTD | 219.97 | 9.36 | 2,059.7 |
GTPL HATHWAY LTD | 69.00 | 22.74 | 1,569.4 |
NEW DELHI TELEVISION LTD | -119.89 | -9.10 | 1,090.5 |
ENTERTAINMENT NETWORK (INDIA) LTD | 23.32 | 37.61 | 876.9 |
TV TODAY NETWORK LTD | 100.23 | 11.28 | 1,130.7 |
ZEE MEDIA CORPORATION LTD | -102.54 | -11.10 | 1,138.3 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs NETWORK 18 MEDIA & INVESTMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.87x |
Max industry PE | 37.61x |
Median industry PE | 9.36x |
Average industry PE | 6.38x |
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