Home > PE Ratio > DEN NETWORKS

DEN NETWORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DEN NETWORKS is 11.38.

Share Price ₹51.2May 03,2024
Market Cap ₹2,441.4 Cr
Earnings-TTM₹214.5 CrTTM-Consolidated Results
Price/Earnings11.38xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for DEN NETWORKS
Please provide your vote to see the results

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)

Applying the above formula, P/E ratio of DEN NETWORKS is calculated as :

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 ]

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 11.38 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 latest p/e ratio is 11.38x.

- 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 RatioMarket Cap
DEN NETWORKS 214.4611.382,441.4
SUN TV NETWORK LTD1,880.7313.7225,802.7
ZEE ENTERTAINMENT ENTERPRISES LTD113.83120.7113,740.2
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-17.288,770.3
TV18 BROADCAST LTD-227.06-33.767,664.9
DISH TV INDIA LTD-1,697.50-1.923,262.7
GTPL HATHWAY LTD112.0018.392,059.8
NEW DELHI TELEVISION LTD-21.58-66.171,428.0
ENTERTAINMENT NETWORK (INDIA) LTD26.9446.911,263.7
TV TODAY NETWORK LTD50.7727.681,405.2
ZEE MEDIA CORPORATION LTD-132.92-5.19690.5

TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs DEN NETWORKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -66.17x
Max industry PE 120.71x
Median industry PE 11.38x
Average industry PE 10.41x



You may also like the below Video Courses