ENTERTAINMENT NETWORK (INDIA)
|
The Current P/S Ratio of ENTERTAINMENT NETWORK (INDIA) is 2.24.
Share Price | ₹240.7 | May 10,2024 |
Market Cap | ₹1,147.9 Cr | |
Sales-TTM | ₹511.5 Cr | TTM-Consolidated Results |
Price/Sales | 2.24x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ENTERTAINMENT NETWORK (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,147.9 Cr] as on May 10,2024
(/) Sales [ ₹511.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.24x ]
Thus, for ENTERTAINMENT NETWORK (INDIA) , the investors are currently willing to pay '2.24 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of ENTERTAINMENT NETWORK (INDIA) !
The chart below summarizes the trend in P/S Ratio of ENTERTAINMENT NETWORK (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of ENTERTAINMENT NETWORK (INDIA)
PS Ratio Performance Analysis for ENTERTAINMENT NETWORK (INDIA)
- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.40x.
- ENTERTAINMENT NETWORK (INDIA) 's operated at median p/e ratio of 2.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENTERTAINMENT NETWORK (INDIA) 's p/e ratio peaked in Mar2019 at 4.13x.
- ENTERTAINMENT NETWORK (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 1.04x.
How does ENTERTAINMENT NETWORK (INDIA) 's P/S Ratio benchmark against top 10 peers in TV Broadcasting & Software Production Industry?
Peer Comparison (TV Broadcasting & Software Production Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ENTERTAINMENT NETWORK (INDIA) | 511.5 | 2.24 | 1,147.9 |
SUN TV NETWORK LTD | 4,161.2 | 6.35 | 26,403.7 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 8,579.4 | 1.47 | 12,616.4 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 9,297.5 | 0.88 | 8,154.7 |
TV18 BROADCAST LTD | 8,976.0 | 0.81 | 7,238.0 |
DISH TV INDIA LTD | 1,954.4 | 1.53 | 2,988.4 |
DEN NETWORKS LTD | 1,080.8 | 2.14 | 2,314.5 |
GTPL HATHWAY LTD | 3,212.5 | 0.62 | 1,987.2 |
NEW DELHI TELEVISION LTD | 370.0 | 3.73 | 1,378.7 |
TV TODAY NETWORK LTD | 916.4 | 1.49 | 1,364.6 |
ZEE MEDIA CORPORATION LTD | 607.0 | 1.25 | 758.0 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PS Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.62x |
Max industry PS | 6.35x |
Median industry PS | 1.49x |
Average industry PS | 2.04x |
You may also like the below Video Courses