ZEE MEDIA CORPORATION
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The Current P/E Ratio of ZEE MEDIA CORPORATION is -11.10.
Share Price | ₹18.2 | Nov 22,2024 |
Market Cap | ₹1,138.2 Cr | |
Earnings-TTM | ₹-102.5 Cr | TTM-Consolidated Results |
Price/Earnings | -11.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ZEE MEDIA CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,138.2 Cr] as on Nov 22,2024
(/) Earnings [ ₹-102.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -11.10x ]
Thus, for ZEE MEDIA CORPORATION , the investors are currently willing to pay -11.10 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 ZEE MEDIA CORPORATION !
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 ZEE MEDIA CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of ZEE MEDIA CORPORATION
PE Ratio Performance Analysis for ZEE MEDIA CORPORATION
- ZEE MEDIA CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.79x.
- ZEE MEDIA CORPORATION '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, ZEE MEDIA CORPORATION 's p/e ratio peaked in Mar2021 at 3.97x.
- ZEE MEDIA CORPORATION 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does ZEE MEDIA CORPORATION '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 |
---|---|---|---|
ZEE MEDIA CORPORATION | -102.54 | -11.10 | 1,138.2 |
SUN TV NETWORK LTD | 1,825.73 | 16.00 | 29,207.6 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 400.32 | 28.11 | 11,252.5 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -769.68 | -15.95 | 12,279.0 |
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 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs ZEE MEDIA CORPORATION '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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