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Entertainment Network (India) (NSE:ENIL) PB Ratio : 1.47 (As of May. 15, 2024)


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What is Entertainment Network (India) PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), Entertainment Network (India)'s share price is ₹238.10. Entertainment Network (India)'s Book Value per Share for the quarter that ended in Mar. 2024 was ₹161.79. Hence, Entertainment Network (India)'s PB Ratio of today is 1.47.

The historical rank and industry rank for Entertainment Network (India)'s PB Ratio or its related term are showing as below:

NSE:ENIL' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.66   Max: 5.38
Current: 1.49

During the past 13 years, Entertainment Network (India)'s highest PB Ratio was 5.38. The lowest was 0.63. And the median was 2.66.

NSE:ENIL's PB Ratio is ranked better than
50.26% of 953 companies
in the Media - Diversified industry
Industry Median: 1.47 vs NSE:ENIL: 1.49

During the past 12 months, Entertainment Network (India)'s average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Entertainment Network (India) was 17.20% per year. The lowest was -6.70% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


Entertainment Network (India) PB Ratio Historical Data

The historical data trend for Entertainment Network (India)'s PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Entertainment Network (India) PB Ratio Chart

Entertainment Network (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.86 1.28 0.75 1.61

Entertainment Network (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 - 1.01 - 1.61

Competitive Comparison of Entertainment Network (India)'s PB Ratio

For the Broadcasting subindustry, Entertainment Network (India)'s PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Entertainment Network (India)'s PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s PB Ratio falls into.



Entertainment Network (India) PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Entertainment Network (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=238.10/161.79
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Entertainment Network (India)  (NSE:ENIL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Entertainment Network (India) PB Ratio Related Terms

Thank you for viewing the detailed overview of Entertainment Network (India)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Entertainment Network (India) (NSE:ENIL) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

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