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ZEE MEDIA CORPORATION
PB (Price/Book ) Ratio

The Current P/B Ratio of ZEE MEDIA CORPORATION is 2.04.

Share Price ₹11.3Apr 26,2024
Market Cap ₹706.7 Cr
Book Value₹346.2 CrMar2023 - Consolidated Results
Price/Book 2.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ZEE MEDIA CORPORATION

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 MEDIA CORPORATION is calculated as :

Current Market Cap [ ₹706.7 Cr] as on Apr 26,2024

(/) Book Value [ ₹346.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.04x ]

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

Thus, for ZEE MEDIA CORPORATION , the investors are currently willing to pay '2.04 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 MEDIA CORPORATION !

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

Historical PB (Price/Book ) ratio chart of ZEE MEDIA CORPORATION


PB Ratio Performance Analysis for ZEE MEDIA CORPORATION

- ZEE MEDIA CORPORATION 's latest p/b ratio is 2.04x.

- ZEE MEDIA CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.29x.

- ZEE MEDIA CORPORATION 's operated at median p/b ratio of 1.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZEE MEDIA CORPORATION 's p/b ratio peaked in Mar2022 at 2.5x.

- ZEE MEDIA CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.47x.


How does ZEE MEDIA CORPORATION '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 MEDIA CORPORATION 346.152.04706.7
SUN TV NETWORK LTD9,271.592.8226,165.2
ZEE ENTERTAINMENT ENTERPRISES LTD10,719.301.3114,018.8
NETWORK 18 MEDIA & INVESTMENTS LTD6,653.531.439,487.5
TV18 BROADCAST LTD16,814.500.477,944.3
DISH TV INDIA LTD-793.02-4.163,299.5
DEN NETWORKS LTD3,420.110.742,535.0
GTPL HATHWAY LTD1,159.841.742,014.2
NEW DELHI TELEVISION LTD279.235.481,531.5
ENTERTAINMENT NETWORK (INDIA) LTD745.691.731,286.4
TV TODAY NETWORK LTD828.441.681,395.1

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

Top 10 Industry PeersPB 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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