VEEDOL CORPORATION
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The Current P/E Ratio of VEEDOL CORPORATION is 20.85.
Share Price | ₹1,519.6 | Mar 06,2025 |
Market Cap | ₹2,644.0 Cr | |
Earnings-TTM | ₹126.8 Cr | TTM-Consolidated Results |
Price/Earnings | 20.85x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of VEEDOL CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,644.0 Cr] as on Mar 06,2025
(/) Earnings [ ₹126.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.85x ]
Thus, for VEEDOL CORPORATION , the investors are currently willing to pay 20.85 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of VEEDOL CORPORATION !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of VEEDOL CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of VEEDOL CORPORATION
PE Ratio Performance Analysis for VEEDOL CORPORATION
- VEEDOL CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.65x.
- VEEDOL CORPORATION 's operated at median p/e ratio of 12.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VEEDOL CORPORATION 's p/e ratio peaked in Mar2024 at 16.62x.
- VEEDOL CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 1.78x.
How does VEEDOL CORPORATION 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VEEDOL CORPORATION | 126.84 | 20.85 | 2,644.0 |
CASTROL INDIA LTD | 927.23 | 26.23 | 24,317.6 |
GULF OIL LUBRICANTS INDIA LTD | 351.24 | 17.14 | 6,018.6 |
SAVITA OIL TECHNOLOGIES LTD | 114.17 | 24.09 | 2,750.3 |
PANAMA PETROCHEM LTD | 203.74 | 11.19 | 2,280.0 |
GANDHAR OIL REFINERY (INDIA) LTD | 83.44 | 16.29 | 1,359.6 |
GP PETROLEUMS LTD | 24.80 | 8.85 | 219.3 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs VEEDOL CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.85x |
Max industry PE | 26.23x |
Median industry PE | 17.14x |
Average industry PE | 17.80x |
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