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ZEE ENTERTAINMENT ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ZEE ENTERTAINMENT ENTERPRISES is 110.83.

Share Price ₹131.4May 10,2024
Market Cap ₹12,616.2 Cr
Earnings-TTM₹113.8 CrTTM-Consolidated Results
Price/Earnings110.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ZEE ENTERTAINMENT ENTERPRISES

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 ZEE ENTERTAINMENT ENTERPRISES is calculated as :

Current Market Cap [ ₹12,616.2 Cr] as on May 10,2024

(/) Earnings [ ₹113.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 110.83x ]

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

Thus, for ZEE ENTERTAINMENT ENTERPRISES , the investors are currently willing to pay 110.83 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 ZEE ENTERTAINMENT ENTERPRISES !

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 ZEE ENTERTAINMENT ENTERPRISES over the last five years.

Historical PE (Price/Earnings) ratio chart of ZEE ENTERTAINMENT ENTERPRISES


PE Ratio Performance Analysis for ZEE ENTERTAINMENT ENTERPRISES

- ZEE ENTERTAINMENT ENTERPRISES 's latest p/e ratio is 110.83x.

- ZEE ENTERTAINMENT ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 105.71x.

- ZEE ENTERTAINMENT ENTERPRISES 's operated at median p/e ratio of 27.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZEE ENTERTAINMENT ENTERPRISES 's p/e ratio peaked in Mar2023 at 425.61x.

- ZEE ENTERTAINMENT ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 22.61x.


How does ZEE ENTERTAINMENT ENTERPRISES '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
ZEE ENTERTAINMENT ENTERPRISES 113.83110.8312,616.2
SUN TV NETWORK LTD1,880.7314.0426,403.7
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-16.078,154.7
TV18 BROADCAST LTD-227.06-31.887,238.0
DISH TV INDIA LTD-1,697.50-1.762,988.4
DEN NETWORKS LTD214.4610.792,314.5
GTPL HATHWAY LTD112.0017.741,987.2
NEW DELHI TELEVISION LTD-21.58-63.891,378.7
ENTERTAINMENT NETWORK (INDIA) LTD37.6730.451,147.2
TV TODAY NETWORK LTD50.7726.881,364.6
ZEE MEDIA CORPORATION LTD-132.92-5.70758.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -63.89x
Max industry PE 110.83x
Median industry PE 10.79x
Average industry PE 8.31x



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