TV18 BROADCAST
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The Current P/B Ratio of TV18 BROADCAST is 0.47.
Share Price | ₹46.3 | Apr 26,2024 |
Market Cap | ₹7,944.5 Cr | |
Book Value | ₹16,814.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.47x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TV18 BROADCAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹7,944.5 Cr] as on Apr 26,2024
(/) Book Value [ ₹16,814.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.47x ]
Thus, for TV18 BROADCAST , the investors are currently willing to pay '0.47 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 TV18 BROADCAST !
The chart below summarizes the trend in P/B Ratio of TV18 BROADCAST over the last five years.
Historical PB (Price/Book ) ratio chart of TV18 BROADCAST
PB Ratio Performance Analysis for TV18 BROADCAST
- TV18 BROADCAST 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.47x.
- TV18 BROADCAST 's operated at median p/b ratio of 1.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TV18 BROADCAST 's p/b ratio peaked in Mar2022 at 2.66x.
- TV18 BROADCAST 's p/b ratio hit its five-year low in Mar2020 of 0.71x.
How does TV18 BROADCAST '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 |
---|---|---|---|
TV18 BROADCAST | 16,814.50 | 0.47 | 7,944.5 |
SUN TV NETWORK LTD | 9,271.59 | 2.82 | 26,165.2 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 10,719.30 | 1.31 | 14,018.8 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 6,653.53 | 1.43 | 9,487.5 |
DISH TV INDIA LTD | -793.02 | -4.16 | 3,299.5 |
DEN NETWORKS LTD | 3,420.11 | 0.74 | 2,535.0 |
GTPL HATHWAY LTD | 1,159.84 | 1.74 | 2,014.2 |
NEW DELHI TELEVISION LTD | 279.23 | 5.48 | 1,531.5 |
ENTERTAINMENT NETWORK (INDIA) LTD | 745.69 | 1.73 | 1,286.4 |
TV TODAY NETWORK LTD | 828.44 | 1.68 | 1,395.1 |
ZEE MEDIA CORPORATION LTD | 346.15 | 2.04 | 706.7 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PB Analysis vs TV18 BROADCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -4.16x |
Max industry PB | 5.48x |
Median industry PB | 1.68x |
Average industry PB | 1.39x |
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