Den Networks (NSE:DEN) PB Ratio: 0.36 (As of Jul. 17, 2026) — 54% Below Median

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NSE:DEN Den Networks Ltd NSE:DEN
69 GF Score
Price ₹28.21
GF Value ₹37.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Den Networks PB Ratio?

Den Networks NSE:DEN -2.52% 69 PB Ratio is 0.36 as of Jul. 17, 2026, which is 54% below its 10-year median of 0.78. GuruFocus rates NSE:DEN with a GF Score™ of 69/100 and a GF Value™ of ₹37.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 924 Media - Diversified companies, Den Networks ranks better than 90.37% on this metric.

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 (2026-07-17), Den Networks's share price is ₹28.21. Den Networks's Book Value per Share for the quarter that ended in Jun. 2026 was ₹79.39. Hence, Den Networks's PB Ratio of today is 0.36.

The historical rank and industry rank for Den Networks's PB Ratio or its related term are showing as below:

NSE:DEN' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.78   Max: 2.71
Current: 0.35

During the past 13 years, Den Networks's highest PB Ratio was 2.71. The lowest was 0.32. And the median was 0.78.

NSE:DEN's PB Ratio is ranked better than
90.37% of 924 companies
in the Media - Diversified industry
Industry Median: 1.3 vs NSE:DEN: 0.35

During the past 12 months, Den Networks's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Den Networks was 46.80% per year. The lowest was -26.20% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


Den Networks  (NSE:DEN) 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.


Den Networks PB Ratio Related Terms


Den Networks PB Ratio Historical Data

* Premium members only.

The historical data trend for Den Networks'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.

Den Networks PB Ratio Chart

Den Networks Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.40 0.66 0.41 0.29

Den Networks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.42 0.00 0.29 0.00

NSE:DEN vs NFLX, DIS, WBD: PB Ratio Comparison

For the Entertainment subindustry, Den Networks'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.


Den Networks PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Den Networks's PB Ratio distribution charts can be found below:

* The bar in red indicates where Den Networks's PB Ratio falls into.


NSE:DEN
69GF Score
Den Networks Ltd NSE:DEN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Den Networks 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.

Den Networks's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=28.21/79.385
=0.36

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.36 mean?
Den Networks (NSE:DEN) has a PB Ratio of 0.36 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Den Networks and its competitors. This is 54% below median its historical median of 0.78. Over the past decade, Den Networks' PB Ratio has ranged from 0.32 to 2.71. According to the industry distribution chart, Den Networks ranks #89 out of 924 companies in the Media - Diversified industry, placing it in the top 9.6%.
Is Den Networks' PB Ratio too high?
Den Networks' current PB Ratio of 0.36 is 54% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.71. The Media - Diversified industry median PB Ratio is 1.30. Den Networks' value of 0.36 is 72.3% below this industry median. Based on the distribution chart, Den Networks ranks #89 out of 924 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Den Networks has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Den Networks' PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Den Networks ranks #89 out of 924 companies for PB Ratio. This places Den Networks in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.30. Den Networks' value of 0.36 is 72.3% below this benchmark. Historically, Den Networks' own PB Ratio has ranged from 0.32 to 2.71 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.30, Den Networks 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 PB Ratio for a Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.30, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Den Networks's current PB Ratio of 0.36 is 72.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Den Networks and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Den Networks's current PB Ratio is 0.36, which is 54% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Den Networks stock overvalued right now?
Based on GuruFocus' analysis, Den Networks (NSE:DEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹37.64, compared to a current price of ₹28.21 — trading 25.1% below its estimated fair value. The current PB Ratio is 0.36, which is 54% below median its 10-year median of 0.78 and 72.3% below the Media - Diversified industry median of 1.30. Den Networks' overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Den Networks (NSE:DEN), the current PB Ratio is 0.36 as of Jul. 17, 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 Den Networks (NSE:DEN) Overvalued in 2026?

Based on GuruFocus' analysis, Den Networks stock appears to be undervalued. The current stock price of ₹28.21 is trading 25.1% below its estimated GF Value™ of ₹37.64. GuruFocus considers Den Networks to be Modestly Undervalued.

Key valuation signals for NSE:DEN:

  • PB Ratio: 0.36 (54% below median its 10-year median of 0.78)
  • GF Value™: ₹37.64 vs. price of ₹28.21 (25.1% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 72.3% below the Media - Diversified median (#89 of 924)

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


Den Networks Business Description

Other Exchanges 533137:India
Address 236, Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020
Den Networks Ltd is a cable television company in India that distributes analog and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist mainly of Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates the majority of its revenue from its cable segment. Geographically, it derives revenue from India.
69GF Score

Get the complete analysis for NSE:DEN

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

₹28.21
Price
₹37.64
GF Value