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MUSIC BROADCAST
PS (Price/Sales) Ratio

The Current P/S Ratio of MUSIC BROADCAST is 2.89.

Share Price ₹18.2Apr 26,2024
Market Cap ₹628.8 Cr
Sales-TTM₹217.3 CrTTM-Standalone Results
Price/Sales2.89xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MUSIC BROADCAST

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 MUSIC BROADCAST is calculated as :

Current Market Cap [ ₹628.8 Cr] as on Apr 26,2024

(/) Sales [ ₹217.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.89x ]

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

Thus, for MUSIC BROADCAST , the investors are currently willing to pay '2.89 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 MUSIC BROADCAST !

The chart below summarizes the trend in P/S Ratio of MUSIC BROADCAST over the last five years.

Historical PS (Price/Sales) ratio chart of MUSIC BROADCAST


PS Ratio Performance Analysis for MUSIC BROADCAST

- MUSIC BROADCAST 's latest p/e ratio is 2.89x.

- MUSIC BROADCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.12x.

- MUSIC BROADCAST 's operated at median p/e ratio of 5.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MUSIC BROADCAST 's p/e ratio peaked in Mar2021 at 6.37x.

- MUSIC BROADCAST 's p/e ratio hit its five-year low in Mar2023 of 1.88x.


How does MUSIC BROADCAST '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)
MUSIC BROADCAST 217.32.89628.8
SUN TV NETWORK LTD4,161.26.2926,165.2
ZEE ENTERTAINMENT ENTERPRISES LTD8,579.41.6314,018.8
NETWORK 18 MEDIA & INVESTMENTS LTD9,297.51.029,487.5
TV18 BROADCAST LTD8,976.00.897,944.3
DISH TV INDIA LTD1,954.41.693,299.5
DEN NETWORKS LTD1,080.82.352,535.0
GTPL HATHWAY LTD3,212.50.632,014.2
NEW DELHI TELEVISION LTD330.54.631,531.5
ENTERTAINMENT NETWORK (INDIA) LTD469.62.741,286.4
TV TODAY NETWORK LTD916.41.521,395.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.63x
Max industry PS 6.29x
Median industry PS 1.69x
Average industry PS 2.39x



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