Network 18 Media & Investments (NSE:NETWORK18) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NETWORK18 Network 18 Media & Investments Ltd NSE:NETWORK18
34 GF Score
Price ₹29.24
GF Value ₹17.02
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Network 18 Media & Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Network 18 Media & Investments  (NSE:NETWORK18) 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 4.76 3.39 3.35 1.45 0.87

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 0.00 1.65 0.00 0.87 0.00

NSE:NETWORK18 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.


NSE:NETWORK18
34GF Score
Network 18 Media & Investments Ltd NSE:NETWORK18
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 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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Network 18 Media & Investments Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.613 105.961 21.345
201612 0.000 105.196 0.000
201703 12.253 105.196 19.352
201706 0.000 107.109 0.000
201709 11.193 109.021 17.058
201712 0.000 109.404 0.000
201803 10.824 109.786 16.381
201806 0.000 111.317 0.000
201809 8.940 115.142 12.900
201812 0.000 115.142 0.000
201903 7.831 118.202 11.007
201906 0.000 120.880 0.000
201909 5.724 123.175 7.721
201912 0.000 126.235 0.000
202003 4.986 124.705 6.643
202006 0.000 127.000 0.000
202009 4.275 130.118 5.459
202012 0.000 130.889 0.000
202103 5.279 131.771 6.656
202106 0.000 134.084 0.000
202109 5.656 135.847 6.917
202112 0.000 138.161 0.000
202203 7.209 138.822 8.628
202206 0.000 142.347 0.000
202209 6.887 144.661 7.910
202212 0.000 145.763 0.000
202303 6.448 146.865 7.295
202306 0.000 150.280 0.000
202309 121.828 151.492 133.612
202312 0.000 152.924 0.000
202403 142.441 153.035 154.644
202406 0.000 155.789 0.000
202409 95.383 157.882 100.375
202412 0.000 158.323 0.000
202503 30.756 157.552 32.434
202506 0.000 159.755 0.000
202509 31.980 162.289 32.740
202512 0.000 163.281 0.000
202603 31.894 164.272 32.258
202606 0.000 166.145 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.

Is Network 18 Media & Investments (NSE:NETWORK18) Overvalued in 2026?

Based on GuruFocus' analysis, Network 18 Media & Investments stock appears to be overvalued. The current stock price of ₹29.24 is trading 71.8% above its estimated GF Value™ of ₹17.02. GuruFocus considers Network 18 Media & Investments to be Significantly Overvalued.

Key valuation signals for NSE:NETWORK18:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹17.02 vs. price of ₹29.24 (71.8% above fair value)
  • GF Score™: 34/100 with 5 warning signs

No single metric tells the full story. See the NSE:NETWORK18 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Network 18 Media & Investments Business Description

Other Exchanges 532798: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.
34GF Score

Get the complete analysis for NSE:NETWORK18

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

₹29.24
Price
₹17.02
GF Value