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TV TODAY NETWORK
PE (Price/Earnings) Ratio

The Current P/E Ratio of TV TODAY NETWORK is 27.49.

Share Price ₹233.8Apr 26,2024
Market Cap ₹1,395.8 Cr
Earnings-TTM₹50.8 CrTTM-Consolidated Results
Price/Earnings27.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TV TODAY NETWORK

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 TV TODAY NETWORK is calculated as :

Current Market Cap [ ₹1,395.8 Cr] as on Apr 26,2024

(/) Earnings [ ₹50.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.49x ]

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

Thus, for TV TODAY NETWORK , the investors are currently willing to pay 27.49 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 TV TODAY NETWORK !

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 TV TODAY NETWORK over the last five years.

Historical PE (Price/Earnings) ratio chart of TV TODAY NETWORK


PE Ratio Performance Analysis for TV TODAY NETWORK

- TV TODAY NETWORK 's latest p/e ratio is 27.49x.

- TV TODAY NETWORK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.58x.

- TV TODAY NETWORK 's operated at median p/e ratio of 12.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TV TODAY NETWORK 's p/e ratio peaked in Mar2019 at 14.33x.

- TV TODAY NETWORK 's p/e ratio hit its five-year low in Mar2020 of 7.08x.


How does TV TODAY NETWORK '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
TV TODAY NETWORK 50.7727.491,395.8
SUN TV NETWORK LTD1,880.7313.9126,165.2
ZEE ENTERTAINMENT ENTERPRISES LTD113.83123.1614,018.8
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-18.709,487.5
TV18 BROADCAST LTD-227.06-34.997,944.3
DISH TV INDIA LTD-1,697.50-1.943,299.5
DEN NETWORKS LTD214.4611.822,535.0
GTPL HATHWAY LTD112.0017.982,014.2
NEW DELHI TELEVISION LTD-14.05-109.001,531.5
ENTERTAINMENT NETWORK (INDIA) LTD26.9447.751,286.4
ZEE MEDIA CORPORATION LTD-132.92-5.32706.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -109.00x
Max industry PE 123.16x
Median industry PE 11.82x
Average industry PE 6.56x



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