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ENTERTAINMENT NETWORK (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of ENTERTAINMENT NETWORK (INDIA) is 2.24.

Share Price ₹240.7May 10,2024
Market Cap ₹1,147.9 Cr
Sales-TTM₹511.5 CrTTM-Consolidated Results
Price/Sales2.24xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ENTERTAINMENT NETWORK (INDIA)

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of ENTERTAINMENT NETWORK (INDIA) is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 2.24x.

- 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 RatioMarket Cap (Cr)
ENTERTAINMENT NETWORK (INDIA) 511.52.241,147.9
SUN TV NETWORK LTD4,161.26.3526,403.7
ZEE ENTERTAINMENT ENTERPRISES LTD8,579.41.4712,616.4
NETWORK 18 MEDIA & INVESTMENTS LTD9,297.50.888,154.7
TV18 BROADCAST LTD8,976.00.817,238.0
DISH TV INDIA LTD1,954.41.532,988.4
DEN NETWORKS LTD1,080.82.142,314.5
GTPL HATHWAY LTD3,212.50.621,987.2
NEW DELHI TELEVISION LTD370.03.731,378.7
TV TODAY NETWORK LTD916.41.491,364.6
ZEE MEDIA CORPORATION LTD607.01.25758.0

TV Broadcasting & Software Production Industry Benchmark (Top 10) PS Analysis vs ENTERTAINMENT NETWORK (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.62x
Max industry PS 6.35x
Median industry PS 1.49x
Average industry PS 2.04x



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