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SUN TV NETWORK
PS (Price/Sales) Ratio

The Current P/S Ratio of SUN TV NETWORK is 6.15.

Share Price ₹649.9May 08,2024
Market Cap ₹25,610.6 Cr
Sales-TTM₹4,161.2 CrTTM-Consolidated Results
Price/Sales6.15xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SUN TV NETWORK

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 SUN TV NETWORK is calculated as :

Current Market Cap [ ₹25,610.6 Cr] as on May 08,2024

(/) Sales [ ₹4,161.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.15x ]

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

Thus, for SUN TV NETWORK , the investors are currently willing to pay '6.15 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 SUN TV NETWORK !

The chart below summarizes the trend in P/S Ratio of SUN TV NETWORK over the last five years.

Historical PS (Price/Sales) ratio chart of SUN TV NETWORK


PS Ratio Performance Analysis for SUN TV NETWORK

- SUN TV NETWORK 's latest p/e ratio is 6.15x.

- SUN TV NETWORK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.06x.

- SUN TV NETWORK 's operated at median p/e ratio of 5.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUN TV NETWORK 's p/e ratio peaked in Mar2019 at 6.53x.

- SUN TV NETWORK 's p/e ratio hit its five-year low in Mar2020 of 3.2x.


How does SUN TV NETWORK '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)
SUN TV NETWORK 4,161.26.1525,610.6
ZEE ENTERTAINMENT ENTERPRISES LTD8,579.41.5112,928.6
NETWORK 18 MEDIA & INVESTMENTS LTD9,297.50.918,449.9
TV18 BROADCAST LTD8,976.00.847,514.0
DISH TV INDIA LTD1,954.41.573,065.7
DEN NETWORKS LTD1,080.82.172,348.9
GTPL HATHWAY LTD3,212.50.611,955.7
NEW DELHI TELEVISION LTD370.03.771,394.5
ENTERTAINMENT NETWORK (INDIA) LTD511.52.301,174.4
TV TODAY NETWORK LTD916.41.521,390.0
ZEE MEDIA CORPORATION LTD607.01.11671.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.61x
Max industry PS 6.15x
Median industry PS 1.52x
Average industry PS 2.04x



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