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Sun TV Network (NSE:SUNTV) PB Ratio : 2.60 (As of Apr. 27, 2024)


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What is Sun TV Network PB Ratio?

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 (2024-04-27), Sun TV Network's share price is ₹664.45. Sun TV Network's Book Value per Share for the quarter that ended in Dec. 2023 was ₹255.84. Hence, Sun TV Network's PB Ratio of today is 2.60.

The historical rank and industry rank for Sun TV Network's PB Ratio or its related term are showing as below:

NSE:SUNTV' s PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.6   Max: 10.53
Current: 2.43

During the past 13 years, Sun TV Network's highest PB Ratio was 10.53. The lowest was 1.77. And the median was 3.60.

NSE:SUNTV's PB Ratio is ranked worse than
70.13% of 954 companies
in the Media - Diversified industry
Industry Median: 1.45 vs NSE:SUNTV: 2.43

During the past 12 months, Sun TV Network's average Book Value Per Share Growth Rate was 13.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sun TV Network was 22.50% per year. The lowest was -16.70% per year. And the median was 12.30% per year.

Back to Basics: PB Ratio


Sun TV Network PB Ratio Historical Data

The historical data trend for Sun TV Network'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.

* Premium members only.

Sun TV Network PB Ratio Chart

Sun TV Network Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.48 1.97 2.63 2.37 1.77

Sun TV Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.77 - 2.39 -

Competitive Comparison of Sun TV Network's PB Ratio

For the Broadcasting subindustry, Sun TV Network'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.


Sun TV Network's PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Sun TV Network's PB Ratio falls into.



Sun TV Network 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.

Sun TV Network's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=664.45/255.841
=2.60

* 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.


Sun TV Network  (NSE:SUNTV) 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.


Sun TV Network PB Ratio Related Terms

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Sun TV Network (NSE:SUNTV) Business Description

Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

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