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NETWORK 18 MEDIA & INVESTMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of NETWORK 18 MEDIA & INVESTMENT is -27.03.

Share Price ₹85.9Mar 28,2024
Market Cap ₹8,992.9 Cr
Earnings-TTM₹-332.7 CrTTM-Consolidated Results
Price/Earnings-27.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NETWORK 18 MEDIA & INVESTMENT

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 NETWORK 18 MEDIA & INVESTMENT is calculated as :

Current Market Cap [ ₹8,992.9 Cr] as on Mar 28,2024

(/) Earnings [ ₹-332.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -27.03x ]

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

Thus, for NETWORK 18 MEDIA & INVESTMENT , the investors are currently willing to pay -27.03 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 NETWORK 18 MEDIA & INVESTMENT !

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 NETWORK 18 MEDIA & INVESTMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of NETWORK 18 MEDIA & INVESTMENT


PE Ratio Performance Analysis for NETWORK 18 MEDIA & INVESTMENT

- NETWORK 18 MEDIA & INVESTMENT 's latest p/e ratio is -27.03x.

- NETWORK 18 MEDIA & INVESTMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 31.87x.

- NETWORK 18 MEDIA & INVESTMENT '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, NETWORK 18 MEDIA & INVESTMENT 's p/e ratio peaked in Mar2021 at 116.9x.

- NETWORK 18 MEDIA & INVESTMENT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does NETWORK 18 MEDIA & INVESTMENT '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
NETWORK 18 MEDIA & INVESTMENT -332.67-27.038,992.9
SUN TV NETWORK LTD1,880.7312.5923,674.6
ZEE ENTERTAINMENT ENTERPRISES LTD113.83117.0413,322.4
TV18 BROADCAST LTD-68.96-114.587,901.5
DISH TV INDIA LTD-1,697.50-1.823,087.8
DEN NETWORKS LTD268.588.372,248.2
GTPL HATHWAY LTD85.9021.851,877.0
NEW DELHI TELEVISION LTD-14.05-96.451,355.2
ENTERTAINMENT NETWORK (INDIA) LTD26.9446.031,240.2
TV TODAY NETWORK LTD50.7724.871,262.9
ZEE MEDIA CORPORATION LTD-132.92-4.90651.7

TV Broadcasting & Software Production Industry Benchmark (Top 10) PE Analysis vs NETWORK 18 MEDIA & INVESTMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -114.58x
Max industry PE 117.04x
Median industry PE 8.37x
Average industry PE -1.28x



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