DEN NETWORKS
|
The Current P/E Ratio of DEN NETWORKS is 11.16.
| Share Price | ₹50.2 | Apr 22,2024 |
| Market Cap | ₹2,393.2 Cr | |
| Earnings-TTM | ₹214.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 11.16x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of DEN NETWORKS
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,393.2 Cr] as on Apr 22,2024
(/) Earnings [ ₹214.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.16x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for DEN NETWORKS , the investors are currently willing to pay 11.16 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of DEN NETWORKS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of DEN NETWORKS over the last five years.
Thus, for DEN NETWORKS , the investors are currently willing to pay 11.16 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of DEN NETWORKS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of DEN NETWORKS over the last five years.
Historical PE (Price/Earnings) ratio chart of DEN NETWORKS
PE Ratio Performance Analysis for DEN NETWORKS
- DEN NETWORKS 's latest p/e ratio is 11.16x.
- DEN NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.46x.
- DEN NETWORKS 's operated at median p/e ratio of 10x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEN NETWORKS 's p/e ratio peaked in Mar2020 at 20.21x.
- DEN NETWORKS 's p/e ratio hit its five-year low in Mar2019 of 0x.
- DEN NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.46x.
- DEN NETWORKS 's operated at median p/e ratio of 10x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEN NETWORKS 's p/e ratio peaked in Mar2020 at 20.21x.
- DEN NETWORKS 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does DEN NETWORKS 's P/E Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?
| Peer Comparison (TV Broadcasting & Software Production Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| DEN NETWORKS | 214.46 | 11.16 | 2,393.2 |
| SUN TV NETWORK LTD | 1,880.73 | 12.73 | 23,950.5 |
| ZEE ENTERTAINMENT ENTERPRISES LTD | 113.83 | 119.95 | 13,653.8 |
| NETWORK 18 MEDIA & INVESTMENTS LTD | -507.45 | -17.96 | 9,111.6 |
| TV18 BROADCAST LTD | -227.06 | -34.68 | 7,874.1 |
| DISH TV INDIA LTD | -1,697.50 | -1.89 | 3,214.8 |
| GTPL HATHWAY LTD | 112.00 | 18.24 | 2,042.3 |
| NEW DELHI TELEVISION LTD | -14.05 | -100.40 | 1,410.6 |
| ENTERTAINMENT NETWORK (INDIA) LTD | 26.94 | 47.40 | 1,276.9 |
| TV TODAY NETWORK LTD | 50.77 | 26.58 | 1,349.7 |
| ZEE MEDIA CORPORATION LTD | -132.92 | -5.16 | 685.5 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs DEN NETWORKS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -100.40x |
| Max industry PE | 119.95x |
| Median industry PE | 11.16x |
| Average industry PE | 6.91x |
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