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ENTERTAINMENT NETWORK (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of ENTERTAINMENT NETWORK (INDIA) is 1.73.

Share Price ₹270.8Apr 24,2024
Market Cap ₹1,291.7 Cr
Book Value₹745.7 CrMar2023 - Consolidated Results
Price/Book 1.73xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ENTERTAINMENT NETWORK (INDIA)

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

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ENTERTAINMENT NETWORK (INDIA) is calculated as :

Current Market Cap [ ₹1,291.7 Cr] as on Apr 24,2024

(/) Book Value [ ₹745.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.73x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay '1.73 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 ENTERTAINMENT NETWORK (INDIA) !

The chart below summarizes the trend in P/B Ratio of ENTERTAINMENT NETWORK (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of ENTERTAINMENT NETWORK (INDIA)


PB Ratio Performance Analysis for ENTERTAINMENT NETWORK (INDIA)

- ENTERTAINMENT NETWORK (INDIA) 's latest p/b ratio is 1.73x.

- ENTERTAINMENT NETWORK (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.25x.

- ENTERTAINMENT NETWORK (INDIA) 's operated at median p/b ratio of 0.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENTERTAINMENT NETWORK (INDIA) 's p/b ratio peaked in Mar2019 at 2.74x.

- ENTERTAINMENT NETWORK (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.62x.


How does ENTERTAINMENT NETWORK (INDIA) 's P/B Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?

Peer Comparison (TV Broadcasting & Software Production Industry)Book ValuePB RatioMarket Cap
ENTERTAINMENT NETWORK (INDIA) 745.691.731,291.7
SUN TV NETWORK LTD9,271.592.6224,332.8
ZEE ENTERTAINMENT ENTERPRISES LTD10,719.301.2613,456.9
NETWORK 18 MEDIA & INVESTMENTS LTD6,653.531.459,679.0
TV18 BROADCAST LTD16,814.500.488,081.5
DISH TV INDIA LTD-793.02-4.173,305.1
DEN NETWORKS LTD3,420.110.752,568.9
GTPL HATHWAY LTD1,159.841.742,013.1
NEW DELHI TELEVISION LTD279.235.101,423.2
TV TODAY NETWORK LTD828.441.701,404.6
ZEE MEDIA CORPORATION LTD346.152.00692.4

TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -4.17x
Max industry PB 5.10x
Median industry PB 1.70x
Average industry PB 1.33x



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