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ZEE MEDIA CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of ZEE MEDIA CORPORATION is -5.16.

Share Price ₹11.0Apr 22,2024
Market Cap ₹685.4 Cr
Earnings-TTM₹-132.9 CrTTM-Consolidated Results
Price/Earnings-5.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ZEE MEDIA CORPORATION

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 MEDIA CORPORATION is calculated as :

Current Market Cap [ ₹685.4 Cr] as on Apr 22,2024

(/) Earnings [ ₹-132.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -5.16x ]

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

Thus, for ZEE MEDIA CORPORATION , the investors are currently willing to pay -5.16 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 MEDIA CORPORATION !

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 MEDIA CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of ZEE MEDIA CORPORATION


PE Ratio Performance Analysis for ZEE MEDIA CORPORATION

- ZEE MEDIA CORPORATION 's latest p/e ratio is -5.16x.

- ZEE MEDIA CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.79x.

- ZEE MEDIA CORPORATION '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, ZEE MEDIA CORPORATION 's p/e ratio peaked in Mar2021 at 3.97x.

- ZEE MEDIA CORPORATION 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ZEE MEDIA CORPORATION '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 MEDIA CORPORATION -132.92-5.16685.4
SUN TV NETWORK LTD1,880.7312.7323,950.5
ZEE ENTERTAINMENT ENTERPRISES LTD113.83119.9513,653.8
NETWORK 18 MEDIA & INVESTMENTS LTD-507.45-17.969,111.6
TV18 BROADCAST LTD-227.06-34.687,874.1
DISH TV INDIA LTD-1,697.50-1.973,347.4
DEN NETWORKS LTD214.4611.772,524.5
GTPL HATHWAY LTD112.0017.862,000.2
NEW DELHI TELEVISION LTD-14.05-100.401,410.6
ENTERTAINMENT NETWORK (INDIA) LTD26.9447.941,291.6
TV TODAY NETWORK LTD50.7726.581,349.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -100.40x
Max industry PE 119.95x
Median industry PE 11.77x
Average industry PE 6.97x



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