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Zee Entertainment Enterprises (NSE:ZEEL) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Zee Entertainment Enterprises Forward PE Ratio Related Terms
Zee Entertainment Enterprises Forward PE Ratio Historical Data
* 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.
Zee Entertainment Enterprises Forward PE Ratio Chart
Zee Entertainment Enterprises Annual Data
Trend
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
29.76
21.46
6.40
12.47
20.08
13.28
9.53
8.95
Zee Entertainment Enterprises Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
29.76
29.85
24.88
22.73
21.46
19.16
15.13
13.16
6.40
8.81
18.32
14.01
12.47
13.61
21.93
19.96
20.08
16.58
21.37
15.02
13.28
11.10
16.56
14.10
11.73
9.53
14.96
12.31
9.19
8.95
16.21
NSE:ZEEL vs NXST: Forward PE Ratio Comparison
For the Broadcasting subindustry, Zee Entertainment Enterprises's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Zee Entertainment Enterprises Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Zee Entertainment Enterprises's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Zee Entertainment Enterprises's Forward PE Ratio falls into.
Zee Entertainment Enterprises Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Zee Entertainment Enterprises (NSE:ZEEL) has a Forward PE Ratio of 12.25 as of Sep. 21, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Zee Entertainment Enterprises and its competitors. According to the industry distribution chart, Zee Entertainment Enterprises ranks #179 out of 378 companies in the Media - Diversified industry, placing it in the top 47.4%.
Is Zee Entertainment Enterprises' Forward PE Ratio too high?
Zee Entertainment Enterprises' current Forward PE Ratio is 12.25. The Media - Diversified industry median Forward PE Ratio is 13.16. Zee Entertainment Enterprises' value of 12.25 is 6.9% below this industry median. Based on the distribution chart, Zee Entertainment Enterprises ranks #179 out of 378 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Zee Entertainment Enterprises has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Zee Entertainment Enterprises' Forward PE Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Zee Entertainment Enterprises ranks #179 out of 378 companies for Forward PE Ratio. This puts Zee Entertainment Enterprises in the upper half of its industry. The industry median Forward PE Ratio is 13.16. Zee Entertainment Enterprises' value of 12.25 is 6.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Media - Diversified company?
The median Forward PE Ratio among Media - Diversified companies is 13.16, based on 378 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zee Entertainment Enterprises's current Forward PE Ratio of 12.25 is 6.9% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Zee Entertainment Enterprises and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zee Entertainment Enterprises's current Forward PE Ratio is 12.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zee Entertainment Enterprises stock overvalued right now?
Zee Entertainment Enterprises (NSE:ZEEL) has a current Forward PE Ratio of 12.25. The current Forward PE Ratio is 12.25 and 6.9% below the Media - Diversified industry median of 13.16. Zee Entertainment Enterprises' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Zee Entertainment Enterprises (NSE:ZEEL), the current Forward PE Ratio is 12.25 as of Sep. 21, 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.
Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from advertisements, subscriptions, theatrical revenue, the sale of media content, transmission revenue, and commissions. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells live entertainment events. It operates in a single segment, Content and Broadcasting. The company earns the vast majority of its revenue in India.
62GF Score
Get the complete analysis for NSE:ZEEL
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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