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MUSIC BROADCAST
PB (Price/Book ) Ratio

The Current P/B Ratio of MUSIC BROADCAST is 1.16.

Share Price ₹17.6Apr 24,2024
Market Cap ₹609.8 Cr
Book Value₹524.7 CrMar2023 - Standalone Results
Price/Book 1.16xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MUSIC BROADCAST

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 MUSIC BROADCAST is calculated as :

Current Market Cap [ ₹609.8 Cr] as on Apr 24,2024

(/) Book Value [ ₹524.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.16x ]

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

Thus, for MUSIC BROADCAST , the investors are currently willing to pay '1.16 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 MUSIC BROADCAST !

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

Historical PB (Price/Book ) ratio chart of MUSIC BROADCAST


PB Ratio Performance Analysis for MUSIC BROADCAST

- MUSIC BROADCAST 's latest p/b ratio is 1.16x.

- MUSIC BROADCAST 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.40x.

- MUSIC BROADCAST 's operated at median p/b ratio of 1.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MUSIC BROADCAST 's p/b ratio peaked in Mar2019 at 2.7x.

- MUSIC BROADCAST 's p/b ratio hit its five-year low in Mar2023 of 0.71x.


How does MUSIC BROADCAST '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
MUSIC BROADCAST 524.751.16609.8
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
ENTERTAINMENT NETWORK (INDIA) LTD745.691.731,290.9
TV TODAY NETWORK LTD828.441.701,404.6

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

Top 10 Industry PeersPB Ratio
Min industry PB -4.17x
Max industry PB 5.10x
Median industry PB 1.45x
Average industry PB 1.26x



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