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Entertainment Network (India) (NSE:ENIL) Cyclically Adjusted PB Ratio : 1.05 (As of May. 29, 2024)


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What is Entertainment Network (India) Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Entertainment Network (India)'s current share price is ₹227.65. Entertainment Network (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹216.65. Entertainment Network (India)'s Cyclically Adjusted PB Ratio for today is 1.05.

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

NSE:ENIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.86   Max: 1.28
Current: 1.08

During the past years, Entertainment Network (India)'s highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.55. And the median was 0.86.

NSE:ENIL's Cyclically Adjusted PB Ratio is ranked better than
51.13% of 663 companies
in the Media - Diversified industry
Industry Median: 1.11 vs NSE:ENIL: 1.08

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.

Entertainment Network (India)'s adjusted book value per share data for the three months ended in Mar. 2024 was ₹161.790. 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 ₹216.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entertainment Network (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Entertainment Network (India)'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.

* Premium members only.

Entertainment Network (India) Cyclically Adjusted PB Ratio Chart

Entertainment Network (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.96 0.55 1.20

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
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 0.55 - 0.74 - 1.20

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

For the Broadcasting subindustry, Entertainment Network (India)'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.


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

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

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



Entertainment Network (India) 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.

Entertainment Network (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=227.65/216.65
=1.05

* 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.

Entertainment Network (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Entertainment Network (India)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=161.79/153.0345*153.0345
=161.790

Current CPI (Mar. 2024) = 153.0345.

Entertainment Network (India) Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 130.495 96.780 206.346
201412 0.000 96.780 0.000
201503 147.983 97.163 233.078
201506 0.000 99.841 0.000
201509 152.614 101.753 229.528
201512 0.000 102.901 0.000
201603 169.587 102.518 253.152
201606 0.000 105.961 0.000
201609 173.451 105.961 250.507
201612 0.000 105.196 0.000
201703 179.855 105.196 261.645
201706 0.000 107.109 0.000
201709 180.862 109.021 253.878
201712 0.000 109.404 0.000
201803 186.164 109.786 259.499
201806 0.000 111.317 0.000
201809 188.823 115.142 250.964
201812 0.000 115.142 0.000
201903 196.204 118.202 254.022
201906 0.000 120.880 0.000
201909 190.938 123.175 237.224
201912 0.000 126.235 0.000
202003 192.418 124.705 236.130
202006 0.000 127.000 0.000
202009 178.250 130.118 209.644
202012 0.000 130.889 0.000
202103 168.252 131.771 195.403
202106 0.000 134.084 0.000
202109 158.690 135.847 178.768
202112 0.000 138.161 0.000
202203 159.591 138.822 175.930
202206 0.000 142.347 0.000
202209 155.673 144.661 164.684
202212 0.000 145.763 0.000
202303 156.426 146.865 162.998
202306 0.000 150.280 0.000
202309 156.298 151.492 157.889
202312 0.000 152.924 0.000
202403 161.790 153.035 161.790

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.


Entertainment Network (India)  (NSE:ENIL) 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.


Entertainment Network (India) Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Entertainment Network (India)'s Cyclically Adjusted 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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