MUSIC BROADCAST
|
The Current P/S Ratio of MUSIC BROADCAST is 2.89.
Share Price | ₹18.2 | Apr 26,2024 |
Market Cap | ₹628.8 Cr | |
Sales-TTM | ₹217.3 Cr | TTM-Standalone Results |
Price/Sales | 2.89x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MUSIC BROADCAST
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
MUSIC BROADCAST | 217.3 | 2.89 | 628.8 |
SUN TV NETWORK LTD | 4,161.2 | 6.29 | 26,165.2 |
ZEE ENTERTAINMENT ENTERPRISES LTD | 8,579.4 | 1.63 | 14,018.8 |
NETWORK 18 MEDIA & INVESTMENTS LTD | 9,297.5 | 1.02 | 9,487.5 |
TV18 BROADCAST LTD | 8,976.0 | 0.89 | 7,944.3 |
DISH TV INDIA LTD | 1,954.4 | 1.69 | 3,299.5 |
DEN NETWORKS LTD | 1,080.8 | 2.35 | 2,535.0 |
GTPL HATHWAY LTD | 3,212.5 | 0.63 | 2,014.2 |
NEW DELHI TELEVISION LTD | 330.5 | 4.63 | 1,531.5 |
ENTERTAINMENT NETWORK (INDIA) LTD | 469.6 | 2.74 | 1,286.4 |
TV TODAY NETWORK LTD | 916.4 | 1.52 | 1,395.1 |
TV Broadcasting & Software Production Industry Benchmark (Top 10) PS Analysis vs MUSIC BROADCAST 's P/S Ratio
Top 10 Industry Peers | PS 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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