RAJ TELEVISION NETWORK
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The Current P/E Ratio of RAJ TELEVISION NETWORK is -18.92.
Share Price | ₹59.3 | Nov 19,2024 |
Market Cap | ₹307.9 Cr | |
Earnings-TTM | ₹-16.3 Cr | TTM-Standalone Results |
Price/Earnings | -18.92x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAJ TELEVISION NETWORK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹307.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹-16.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -18.92x ]
Thus, for RAJ TELEVISION NETWORK , the investors are currently willing to pay -18.92 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 RAJ TELEVISION NETWORK !
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 RAJ TELEVISION NETWORK over the last five years.
Historical PE (Price/Earnings) ratio chart of RAJ TELEVISION NETWORK
PE Ratio Performance Analysis for RAJ TELEVISION NETWORK
- RAJ TELEVISION NETWORK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 395.38x.
- RAJ TELEVISION NETWORK 's operated at median p/e ratio of 189.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJ TELEVISION NETWORK 's p/e ratio peaked in Mar2021 at 1228.36x.
- RAJ TELEVISION NETWORK 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does RAJ TELEVISION NETWORK '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 |
---|---|---|---|
RAJ TELEVISION NETWORK | -16.27 | -18.92 | 307.9 |
SUN TV NETWORK LTD | 1,825.73 | 15.98 | 29,172.1 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 400.32 | 29.43 | 11,780.8 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -769.68 | -16.77 | 12,907.4 |
TV18 BROADCAST LTD | -434.86 | -17.87 | 7,772.9 |
DISH TV INDIA LTD | -2,031.46 | -0.95 | 1,931.5 |
DEN NETWORKS LTD | 219.97 | 9.28 | 2,042.0 |
GTPL HATHWAY LTD | 69.00 | 22.87 | 1,578.4 |
NEW DELHI TELEVISION LTD | -119.89 | -9.05 | 1,084.7 |
ENTERTAINMENT NETWORK (INDIA) LTD | 23.32 | 36.01 | 839.7 |
TV TODAY NETWORK LTD | 100.23 | 11.19 | 1,122.1 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs RAJ TELEVISION NETWORK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -18.92x |
Max industry PE | 36.01x |
Median industry PE | 9.28x |
Average industry PE | 5.56x |
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