Network 18 Media & Investments (BOM:532798) Cyclically Adjusted PB Ratio: 0.31 (As of Sep. 16, 2026) — 88% Below Median

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BOM:532798 Network 18 Media & Investments Ltd BOM:532798
40 GF Score
Price ₹26.14
GF Value ₹17.69
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Network 18 Media & Investments Cyclically Adjusted PB Ratio?

Network 18 Media & Investments BOM:532798 +0.93% 40 Cyclically Adjusted PB Ratio is 0.31 as of Sep. 16, 2026, which is 88% below its 10-year median of 2.66. GuruFocus rates BOM:532798 with a GF Score™ of 40/100 and a GF Value™ of ₹17.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 652 Media - Diversified companies, Network 18 Media & Investments ranks worse than 153374.08% on this metric.

As of today (2026-09-16), Network 18 Media & Investments's current share price is ₹26.14. Network 18 Media & Investments's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹83.13. Network 18 Media & Investments's Cyclically Adjusted PB Ratio for today is 0.31.

The historical rank and industry rank for Network 18 Media & Investments's Cyclically Adjusted PB Ratio or its related term are showing as below:

During the past years, Network 18 Media & Investments's highest Cyclically Adjusted PB Ratio was 5.87. The lowest was 0.29. And the median was 2.66.

BOM:532798's Cyclically Adjusted PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Network 18 Media & Investments's adjusted book value per share data for the three months ended in Jun. 2026 was ₹0.000. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹83.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network 18 Media & Investments  (BOM:532798) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Network 18 Media & Investments Cyclically Adjusted PB Ratio Related Terms


Network 18 Media & Investments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Network 18 Media & Investments's Cyclically Adjusted 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.

Network 18 Media & Investments Cyclically Adjusted PB Ratio Chart

Network 18 Media & Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.17 1.26 0.64 0.41

Network 18 Media & Investments Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 0.72 0.63 0.53 0.34 0.38

BOM:532798 vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Network 18 Media & Investments's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Network 18 Media & Investments Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Network 18 Media & Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Network 18 Media & Investments's Cyclically Adjusted PB Ratio falls into.


BOM:532798
40GF Score
Network 18 Media & Investments Ltd BOM:532798
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Network 18 Media & Investments Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Network 18 Media & Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.14/83.129
=0.31

* 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.

Network 18 Media & Investments's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Network 18 Media & Investments's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Network 18 Media & Investments Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.884 105.961 47.199
201612 0.000 105.196 0.000
201703 28.107 105.196 44.716
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 33.046 109.786 50.375
201806 0.000 111.317 0.000
201809 31.664 115.142 46.023
201812 0.000 115.142 0.000
201903 31.137 118.202 44.086
201906 0.000 120.880 0.000
201909 29.543 123.175 40.140
201912 0.000 126.235 0.000
202003 31.081 124.705 41.711
202006 0.000 127.000 0.000
202009 31.159 130.118 40.077
202012 0.000 130.889 0.000
202103 36.375 131.771 46.199
202106 0.000 134.084 0.000
202109 39.445 135.847 48.594
202112 0.000 138.161 0.000
202203 44.498 138.822 53.645
202206 0.000 142.347 0.000
202209 44.646 144.661 51.651
202212 0.000 145.763 0.000
202303 44.382 146.865 50.575
202306 0.000 150.280 0.000
202309 269.466 151.492 297.686
202312 0.000 152.924 0.000
202403 269.466 153.035 294.686
202406 0.000 155.789 0.000
202409 265.874 157.882 281.830
202412 0.000 158.323 0.000
202503 31.419 157.552 33.374
202506 0.000 159.755 0.000
202509 32.662 162.289 33.682
202512 0.000 163.281 0.000
202603 32.586 164.272 33.198
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.31 mean?
Network 18 Media & Investments (BOM:532798) has a Cyclically Adjusted PB Ratio of 0.31 as of Sep. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Network 18 Media & Investments and its competitors. This is 88% below median its historical median of 2.66. Over the past decade, Network 18 Media & Investments' Cyclically Adjusted PB Ratio has ranged from 0.29 to 5.87. According to the industry distribution chart, Network 18 Media & Investments ranks #999999 out of 652 companies in the Media - Diversified industry.
Is Network 18 Media & Investments' Cyclically Adjusted PB Ratio too high?
Network 18 Media & Investments' current Cyclically Adjusted PB Ratio of 0.31 is 88% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 5.87. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Network 18 Media & Investments' value of 0.31 is 69% below this industry median. Based on the distribution chart, Network 18 Media & Investments ranks #999999 out of 652 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Network 18 Media & Investments has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Network 18 Media & Investments' Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Network 18 Media & Investments ranks #999999 out of 652 companies for Cyclically Adjusted PB Ratio. This places Network 18 Media & Investments in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Network 18 Media & Investments' value of 0.31 is 69% below this benchmark. Historically, Network 18 Media & Investments' own Cyclically Adjusted PB Ratio has ranged from 0.29 to 5.87 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.00, Network 18 Media & Investments has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 652 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Network 18 Media & Investments's current Cyclically Adjusted PB Ratio of 0.31 is 69% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Network 18 Media & Investments and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network 18 Media & Investments's current Cyclically Adjusted PB Ratio is 0.31, which is 88% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network 18 Media & Investments stock overvalued right now?
Based on GuruFocus' analysis, Network 18 Media & Investments (BOM:532798) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹17.69, compared to a current price of ₹26.14 — trading 47.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 88% below median its 10-year median of 2.66 and 69% below the Media - Diversified industry median of 1.00. Network 18 Media & Investments' overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Network 18 Media & Investments (BOM:532798), the current Cyclically Adjusted PB Ratio is 0.31 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Network 18 Media & Investments (BOM:532798) Overvalued in 2026?

Based on GuruFocus' analysis, Network 18 Media & Investments stock appears to be overvalued. The current stock price of ₹26.14 is trading 47.8% above its estimated GF Value™ of ₹17.69. GuruFocus considers Network 18 Media & Investments to be Significantly Overvalued.

Key valuation signals for BOM:532798:

  • Cyclically Adjusted PB Ratio: 0.31 (88% below median its 10-year median of 2.66)
  • GF Value™: ₹17.69 vs. price of ₹26.14 (47.8% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 69% below the Media - Diversified median (#999999 of 652)

No single metric tells the full story. See the BOM:532798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Network 18 Media & Investments Business Description

Other Exchanges NETWORK18:India
Address 414, Senapati Bapat Marg, First Floor, Empire Complex, Lower Parel, Mumbai, MH, IND, 400013
Network 18 Media & Investments Ltd is a media and entertainment conglomerate. The company is engaged in activities spanning broadcasting, digital content, print, and allied businesses. It owns and operates a portfolio of television entertainment channels, sports channels, new channels, and digital platforms through brands like CNBC-TV18, News18 India, JioCinema, Colors, MTV, Moneycontrol, Firstpost, and Nickelodeon, among others. It also has a presence in the film production and movie distribution business through its studio, Viacom 18 Motion Pictures. The company operates in a single segment which is Media Operations. The company generates the majority of its revenue from Advertisement, Subscription Revenue, and Program Syndication.
40GF Score

Get the complete analysis for BOM:532798

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.14
Price
₹17.69
GF Value