DEN NETWORKS
|
The Current P/B Ratio of DEN NETWORKS is 0.70.
Share Price | ₹47.1 | Mar 28,2024 |
Market Cap | ₹2,248.1 Cr | |
Book Value | ₹3,207.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.70x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DEN NETWORKS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,248.1 Cr] as on Mar 28,2024
(/) Book Value [ ₹3,207.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.70x ]
Thus, for DEN NETWORKS , the investors are currently willing to pay '0.70 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of DEN NETWORKS !
The chart below summarizes the trend in P/B Ratio of DEN NETWORKS over the last five years.
Historical PB (Price/Book ) ratio chart of DEN NETWORKS
PB Ratio Performance Analysis for DEN NETWORKS
- DEN NETWORKS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.74x.
- DEN NETWORKS 's operated at median p/b ratio of 0.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEN NETWORKS 's p/b ratio peaked in Mar2019 at 1.32x.
- DEN NETWORKS 's p/b ratio hit its five-year low in Mar2023 of 0.4x.
How does DEN NETWORKS 's P/B Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?
Peer Comparison (TV Broadcasting & Software Production Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DEN NETWORKS | 3,207.37 | 0.70 | 2,248.1 |
SUN TV NETWORK LTD | 9,271.59 | 2.55 | 23,674.6 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,719.30 | 1.24 | 13,322.4 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 675.06 | 13.32 | 8,993.3 |
TV18 BROADCAST LTD | 4,678.51 | 1.69 | 7,901.5 |
DISH TV INDIA LTD | -793.02 | -3.89 | 3,087.8 |
GTPL HATHWAY LTD | 1,103.21 | 1.70 | 1,877.0 |
NEW DELHI TELEVISION LTD | 279.23 | 4.85 | 1,355.2 |
ENTERTAINMENT NETWORK (INDIA) LTD | 745.69 | 1.66 | 1,240.2 |
TV TODAY NETWORK LTD | 828.44 | 1.52 | 1,262.9 |
ZEE MEDIA CORPORATION LTD | 346.15 | 1.88 | 651.7 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs DEN NETWORKS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -3.89x |
Max industry PB | 13.32x |
Median industry PB | 1.69x |
Average industry PB | 2.48x |
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