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ZEE ENTERTAINMENT ENTERPRISES
PB (Price/Book ) Ratio

The Current P/B Ratio of ZEE ENTERTAINMENT ENTERPRISES is 1.28.

Share Price ₹142.8Apr 25,2024
Market Cap ₹13,711.1 Cr
Book Value₹10,719.3 CrMar2023 - Consolidated Results
Price/Book 1.28xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ZEE ENTERTAINMENT ENTERPRISES

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 ZEE ENTERTAINMENT ENTERPRISES is calculated as :

Current Market Cap [ ₹13,711.1 Cr] as on Apr 25,2024

(/) Book Value [ ₹10,719.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.28x ]

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

Thus, for ZEE ENTERTAINMENT ENTERPRISES , the investors are currently willing to pay '1.28 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 ZEE ENTERTAINMENT ENTERPRISES !

The chart below summarizes the trend in P/B Ratio of ZEE ENTERTAINMENT ENTERPRISES over the last five years.

Historical PB (Price/Book ) ratio chart of ZEE ENTERTAINMENT ENTERPRISES


PB Ratio Performance Analysis for ZEE ENTERTAINMENT ENTERPRISES

- ZEE ENTERTAINMENT ENTERPRISES 's latest p/b ratio is 1.28x.

- ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.49x.

- ZEE ENTERTAINMENT ENTERPRISES 's operated at median p/b ratio of 1.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio peaked in Mar2019 at 4.78x.

- ZEE ENTERTAINMENT ENTERPRISES 's p/b ratio hit its five-year low in Mar2020 of 1.27x.


How does ZEE ENTERTAINMENT ENTERPRISES '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
ZEE ENTERTAINMENT ENTERPRISES 10,719.301.2813,711.1
SUN TV NETWORK LTD9,271.592.7025,034.2
NETWORK 18 MEDIA & INVESTMENTS LTD6,653.531.469,716.7
TV18 BROADCAST LTD16,814.500.477,963.2
DISH TV INDIA LTD-793.02-4.173,303.2
DEN NETWORKS LTD3,420.110.742,536.4
GTPL HATHWAY LTD1,159.841.732,005.8
NEW DELHI TELEVISION LTD279.235.411,509.9
ENTERTAINMENT NETWORK (INDIA) LTD745.691.731,286.4
TV TODAY NETWORK LTD828.441.721,424.3
ZEE MEDIA CORPORATION LTD346.152.01695.5

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

Top 10 Industry PeersPB Ratio
Min industry PB -4.17x
Max industry PB 5.41x
Median industry PB 1.72x
Average industry PB 1.37x



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