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TV18 BROADCAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of TV18 BROADCAST is -17.87.

Share Price ₹45.3Oct 15,2024
Market Cap ₹7,773.1 Cr
Earnings-TTM₹-434.9 CrTTM-Consolidated Results
Price/Earnings-17.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TV18 BROADCAST

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 TV18 BROADCAST is calculated as :

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 ]

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

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 latest p/e ratio is -17.87x.

- 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 RatioMarket Cap
TV18 BROADCAST -434.86-17.877,773.1
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
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
ZEE MEDIA CORPORATION LTD-102.54-11.651,194.6

TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs TV18 BROADCAST 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -17.87x
Max industry PE 36.01x
Median industry PE 9.28x
Average industry PE 6.23x



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