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MUSIC BROADCAST
PS (Price/Sales) Ratio

The Current P/S Ratio of MUSIC BROADCAST is 1.84.

Share Price ₹12.7Dec 30,2024
Market Cap ₹437.7 Cr
Sales-TTM₹237.5 CrTTM-Standalone Results
Price/Sales1.84xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MUSIC BROADCAST

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of MUSIC BROADCAST is calculated as :

Current Market Cap [ ₹437.7 Cr] as on Dec 30,2024

(/) Sales [ ₹237.5 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.84x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for MUSIC BROADCAST , the investors are currently willing to pay '1.84 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of MUSIC BROADCAST !

The chart below summarizes the trend in P/S Ratio of MUSIC BROADCAST over the last five years.

Historical PS (Price/Sales) ratio chart of MUSIC BROADCAST


PS Ratio Performance Analysis for MUSIC BROADCAST

- MUSIC BROADCAST 's latest p/e ratio is 1.84x.

- MUSIC BROADCAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.61x.

- MUSIC BROADCAST 's operated at median p/e ratio of 2.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MUSIC BROADCAST 's p/e ratio peaked in Mar2021 at 6.37x.

- MUSIC BROADCAST 's p/e ratio hit its five-year low in Mar2023 of 1.88x.


How does MUSIC BROADCAST 's P/S Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?

Peer Comparison (TV Broadcasting & Software Production Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MUSIC BROADCAST 237.51.84437.7
SUN TV NETWORK LTD4,131.46.5126,898.2
ZEE ENTERTAINMENT ENTERPRISES LTD8,346.81.4111,732.7
NETWORK 18 MEDIA & INVESTMENTS LTD9,159.11.1910,855.7
TV18 BROADCAST LTD8,869.30.887,772.9
DISH TV INDIA LTD1,728.11.081,863.4
DEN NETWORKS LTD1,027.61.891,940.4
GTPL HATHWAY LTD3,357.80.451,519.9
NEW DELHI TELEVISION LTD409.72.581,058.3
ENTERTAINMENT NETWORK (INDIA) LTD538.31.56842.3
TV TODAY NETWORK LTD1,034.01.131,173.4

TV Broadcasting & Software Production Industry Benchmark (Top 10) PS Analysis vs MUSIC BROADCAST 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.45x
Max industry PS 6.51x
Median industry PS 1.41x
Average industry PS 1.87x



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