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MUSIC BROADCAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of MUSIC BROADCAST is 196.33.

Share Price ₹17.6Apr 24,2024
Market Cap ₹609.8 Cr
Earnings-TTM₹3.1 CrTTM-Standalone Results
Price/Earnings196.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MUSIC BROADCAST

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 MUSIC BROADCAST is calculated as :

Current Market Cap [ ₹609.8 Cr] as on Apr 24,2024

(/) Earnings [ ₹3.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 196.33x ]

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

Thus, for MUSIC BROADCAST , the investors are currently willing to pay 196.33 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 MUSIC BROADCAST !

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 MUSIC BROADCAST over the last five years.

Historical PE (Price/Earnings) ratio chart of MUSIC BROADCAST


PE Ratio Performance Analysis for MUSIC BROADCAST

- MUSIC BROADCAST 's latest p/e ratio is 196.33x.

- MUSIC BROADCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.60x.

- MUSIC BROADCAST 's operated at median p/e ratio of 17.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MUSIC BROADCAST 's p/e ratio peaked in Mar2023 at 108.94x.

- MUSIC BROADCAST 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does MUSIC BROADCAST '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
MUSIC BROADCAST 3.11196.33609.8
SUN TV NETWORK LTD1,880.7312.9424,332.8
ZEE ENTERTAINMENT ENTERPRISES LTD113.83118.2213,456.9
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-19.079,679.0
TV18 BROADCAST LTD-227.06-35.598,081.5
DISH TV INDIA LTD-1,697.50-1.953,305.1
DEN NETWORKS LTD214.4611.982,568.9
GTPL HATHWAY LTD112.0017.972,013.1
NEW DELHI TELEVISION LTD-14.05-101.301,423.2
ENTERTAINMENT NETWORK (INDIA) LTD26.9447.921,290.9
TV TODAY NETWORK LTD50.7727.671,404.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -101.30x
Max industry PE 196.33x
Median industry PE 12.94x
Average industry PE 25.01x



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