TV18 BROADCAST
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The Current P/E Ratio of TV18 BROADCAST is -17.87.
Share Price | ₹45.3 | Oct 15,2024 |
Market Cap | ₹7,773.1 Cr | |
Earnings-TTM | ₹-434.9 Cr | TTM-Consolidated Results |
Price/Earnings | -17.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TV18 BROADCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,773.1 Cr] as on Oct 15,2024
(/) Earnings [ ₹-434.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -17.87x ]
Thus, for TV18 BROADCAST , the investors are currently willing to pay -17.87 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 TV18 BROADCAST !
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 TV18 BROADCAST over the last five years.
Historical PE (Price/Earnings) ratio chart of TV18 BROADCAST
PE Ratio Performance Analysis for TV18 BROADCAST
- TV18 BROADCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 24.50x.
- TV18 BROADCAST 's operated at median p/e ratio of 21.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TV18 BROADCAST 's p/e ratio peaked in Mar2023 at 42.5x.
- TV18 BROADCAST 's p/e ratio hit its five-year low in Mar2021 of 10.82x.
How does TV18 BROADCAST '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 |
---|---|---|---|
TV18 BROADCAST | -434.86 | -17.87 | 7,773.1 |
SUN TV NETWORK LTD | 1,825.73 | 16.71 | 30,515.9 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 400.32 | 33.14 | 13,264.8 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -769.68 | -16.00 | 12,311.3 |
DISH TV INDIA LTD | -2,031.46 | -1.03 | 2,097.2 |
DEN NETWORKS LTD | 219.97 | 10.00 | 2,199.1 |
GTPL HATHWAY LTD | 69.00 | 24.42 | 1,685.3 |
NEW DELHI TELEVISION LTD | -119.89 | -9.51 | 1,140.5 |
ENTERTAINMENT NETWORK (INDIA) LTD | 23.32 | 38.35 | 894.1 |
TV TODAY NETWORK LTD | 100.23 | 12.61 | 1,264.1 |
ZEE MEDIA CORPORATION LTD | -102.54 | -12.68 | 1,300.3 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs TV18 BROADCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.87x |
Max industry PE | 38.35x |
Median industry PE | 10.00x |
Average industry PE | 7.10x |
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