MUSIC BROADCAST
|
The Current P/E Ratio of MUSIC BROADCAST is 196.33.
Share Price | ₹17.6 | Apr 24,2024 |
Market Cap | ₹609.8 Cr | |
Earnings-TTM | ₹3.1 Cr | TTM-Standalone Results |
Price/Earnings | 196.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MUSIC BROADCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MUSIC BROADCAST | 3.11 | 196.33 | 609.8 |
SUN TV NETWORK LTD | 1,880.73 | 12.94 | 24,332.8 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 113.83 | 118.22 | 13,456.9 |
NETWORK 18 MEDIA & INVESTMENTS LTD | -507.45 | -19.07 | 9,679.0 |
TV18 BROADCAST LTD | -227.06 | -35.59 | 8,081.5 |
DISH TV INDIA LTD | -1,697.50 | -1.95 | 3,305.1 |
DEN NETWORKS LTD | 214.46 | 11.98 | 2,568.9 |
GTPL HATHWAY LTD | 112.00 | 17.97 | 2,013.1 |
NEW DELHI TELEVISION LTD | -14.05 | -101.30 | 1,423.2 |
ENTERTAINMENT NETWORK (INDIA) LTD | 26.94 | 47.92 | 1,290.9 |
TV TODAY NETWORK LTD | 50.77 | 27.67 | 1,404.6 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs MUSIC BROADCAST 's P/E Ratio
Top 10 Industry Peers | PE 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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