DEN NETWORKS
|
The Current P/E Ratio of DEN NETWORKS is 11.38.
Share Price | ₹51.2 | May 03,2024 |
Market Cap | ₹2,441.4 Cr | |
Earnings-TTM | ₹214.5 Cr | TTM-Consolidated Results |
Price/Earnings | 11.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DEN NETWORKS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,441.4 Cr] as on May 03,2024
(/) Earnings [ ₹214.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.38x ]
Thus, for DEN NETWORKS , the investors are currently willing to pay 11.38 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 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 | 11.38 | 2,441.4 |
SUN TV NETWORK LTD | 1,880.73 | 13.72 | 25,802.7 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 113.83 | 120.71 | 13,740.2 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -507.45 | -17.28 | 8,770.3 |
TV18 BROADCAST LTD | -227.06 | -33.76 | 7,664.9 |
DISH TV INDIA LTD | -1,697.50 | -1.92 | 3,262.7 |
GTPL HATHWAY LTD | 112.00 | 18.39 | 2,059.8 |
NEW DELHI TELEVISION LTD | -21.58 | -66.17 | 1,428.0 |
ENTERTAINMENT NETWORK (INDIA) LTD | 26.94 | 46.91 | 1,263.7 |
TV TODAY NETWORK LTD | 50.77 | 27.68 | 1,405.2 |
ZEE MEDIA CORPORATION LTD | -132.92 | -5.19 | 690.5 |
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 | -66.17x |
Max industry PE | 120.71x |
Median industry PE | 11.38x |
Average industry PE | 10.41x |
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