Case study

ZEEL

Zee Entertainment Enterprises Limited

Tread carefully1y model -1.3%

Each stock's 10,000-path forecast, rendered as light.

43Score

Zee Entertainment Enterprises Limited (ZEEL) Stock Analysis & Case Study

Is ZEEL a good buy? The data-driven verdict.

Zee Entertainment Enterprises Limited (ZEEL) trades at ₹94,on the numbers it tread carefully, a Downstox Snapshot Score of 43/100.

On the numbers, Zee Entertainment Enterprises Limited (ZEEL) tread carefully, a Downstox Snapshot Score of 43/100, weighing premium at 32.4× earnings, ROE of 2.4%, a 49% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ZEEL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹9,047 Cr
Current price
₹94
P/E ratio
32.4×
P/B ratio
0.77×
Book value
₹122
Dividend yield
2.58%
ROCE
2.8%
ROE
2.4%
Piotroski F-Score
5/8

How ZEEL ranks against the 2,374 companies in our screener

We do not hold a 3-year revenue growth figure for ZEEL, as of 10 Aug 2026, so it is not ranked here.

Is ZEEL overvalued? ZEEL P/E vs peers

ZEEL trades at 32.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ZEEL share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ZEEL history (-17%/yr drift, 44%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ZEEL 2027₹53₹93₹163-1%
ZEEL 2028₹41₹92₹205-3%
ZEEL 2029₹34₹91₹242-4%
ZEEL 2030₹29₹90₹277-5%
ZEEL 2031₹25₹88₹311-6%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ZEEL goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
47%
Higher in 5 years
Modelled chance the price is above today in 5 years
22%
Doubles in 5 years
Modelled chance of reaching ₹189 within 5 years

The bull case for ZEEL

  • Low price-to-book of 0.77×, the market is paying little over the company's net assets.
  • ZEEL's dividend yield of 2.6% ranks in the 92nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹242.

The bear case & risks

  • ZEEL's P/E of 43.3x is lower than 31% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • ZEEL's return on equity of 2.4% ranks in the 21st percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹34.

ZEEL volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ZEEL compounded at -17%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹53-₹163, the honest backbone behind any single price target.

ZEEL price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.3%
80% range₹53-₹163
P(price ↑)49%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
3.9%
80% range₹34-₹242
P(price ↑)48%
P(price 2×)17%
5-Year Forecast
2031
₹0
Median (P50)
6.4%
80% range₹25-₹311
P(price ↑)47%
P(price 2×)22%

ZEEL price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ZEEL simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ZEEL hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ZEEL price target & forecast page.

ZEEL Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ZEEL scores 5/8, mixed financial health.

ZEEL MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy ZEEL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox37.89%2.6×
Zerodha37.85%2.6×
Groww37.92%2.6×
Dhan37.85%2.6×
Kotak Neo37.88%2.6×
Paytm Money47.89%2.1×
PocketfulCHEAPEST36.76%2.7×
Anand Rathi37.85%2.6×
Bajaj Broking45.00%2.2×
Share India37.86%2.6×

Compare every broker on the ZEEL MTF page.

About Zee Entertainment Enterprises Limited: sector, index & market-cap context

Zee Entertainment Enterprises Limited (ZEEL) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹9,047 Cr. See more stocks on our screener.

How the ZEEL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Zee Entertainment Enterprises Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ZEEL analysis, FAQs

Is Zee Entertainment Enterprises Limited (ZEEL) a good buy?

On the numbers, Zee Entertainment Enterprises Limited (ZEEL) tread carefully, a Downstox Snapshot Score of 43/100, weighing premium at 32.4× earnings, ROE of 2.4%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ZEEL overvalued or undervalued?

ZEEL trades at 32.4× earnings, premium versus the ~22× long-run Nifty average.

What is the ZEEL share price target for 2031?

ZEEL's probability-weighted 2031 median target is ₹88, with an 80% range of ₹25-₹311 (10,000-path Monte-Carlo).

What is the probability ZEEL doubles in 5 years?

The modelled probability of ZEEL reaching ₹189 (2×) within 5 years is 22%.

What is the bull case for ZEEL?

Low price-to-book of 0.77×, the market is paying little over the company's net assets. ZEEL's dividend yield of 2.6% ranks in the 92nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.

What are the risks in ZEEL?

ZEEL's P/E of 43.3x is lower than 31% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. ZEEL's return on equity of 2.4% ranks in the 21st percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.

More on ZEEL