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RAJ TELEVISION NETWORK
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJ TELEVISION NETWORK is -18.92.

Share Price ₹59.3Nov 19,2024
Market Cap ₹307.9 Cr
Earnings-TTM₹-16.3 CrTTM-Standalone Results
Price/Earnings-18.92xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAJ TELEVISION NETWORK

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 RAJ TELEVISION NETWORK is calculated as :

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 ]

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

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 latest p/e ratio is -18.92x.

- 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 RatioMarket Cap
RAJ TELEVISION NETWORK -16.27-18.92307.9
SUN TV NETWORK LTD1,825.7315.9829,172.1
ZEE ENTERTAINMENT ENTERPRISES LTD400.3229.4311,780.8
NETWORK 18 MEDIA & INVESTMENTS LTD-769.68-16.7712,907.4
TV18 BROADCAST LTD-434.86-17.877,772.9
DISH TV INDIA LTD-2,031.46-0.951,931.5
DEN NETWORKS LTD219.979.282,042.0
GTPL HATHWAY LTD69.0022.871,578.4
NEW DELHI TELEVISION LTD-119.89-9.051,084.7
ENTERTAINMENT NETWORK (INDIA) LTD23.3236.01839.7
TV TODAY NETWORK LTD100.2311.191,122.1

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

Top 10 Industry PeersPE 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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