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ENTERTAINMENT NETWORK (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of ENTERTAINMENT NETWORK (INDIA) is 47.97.

Share Price ₹271.0Apr 23,2024
Market Cap ₹1,292.4 Cr
Earnings-TTM₹26.9 CrTTM-Consolidated Results
Price/Earnings47.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ENTERTAINMENT NETWORK (INDIA)

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 ENTERTAINMENT NETWORK (INDIA) is calculated as :

Current Market Cap [ ₹1,292.4 Cr] as on Apr 23,2024

(/) Earnings [ ₹26.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 47.97x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay 47.97 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 ENTERTAINMENT NETWORK (INDIA) !

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 ENTERTAINMENT NETWORK (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of ENTERTAINMENT NETWORK (INDIA)


PE Ratio Performance Analysis for ENTERTAINMENT NETWORK (INDIA)

- ENTERTAINMENT NETWORK (INDIA) 's latest p/e ratio is 47.97x.

- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.20x.

- ENTERTAINMENT NETWORK (INDIA) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENTERTAINMENT NETWORK (INDIA) 's p/e ratio peaked in Mar2020 at 53.4x.

- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ENTERTAINMENT NETWORK (INDIA) '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
ENTERTAINMENT NETWORK (INDIA) 26.9447.971,292.4
SUN TV NETWORK LTD1,880.7312.9324,320.9
ZEE ENTERTAINMENT ENTERPRISES LTD113.83121.2613,802.7
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-18.179,218.4
TV18 BROADCAST LTD-227.06-34.667,870.6
DISH TV INDIA LTD-1,697.50-1.973,347.4
DEN NETWORKS LTD214.4611.772,524.5
GTPL HATHWAY LTD112.0017.862,000.2
NEW DELHI TELEVISION LTD-14.05-101.341,423.9
TV TODAY NETWORK LTD50.7726.831,362.2
ZEE MEDIA CORPORATION LTD-132.92-5.21692.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -101.34x
Max industry PE 121.26x
Median industry PE 11.77x
Average industry PE 7.02x



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