VERITAS (INDIA)
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The Current P/E Ratio of VERITAS (INDIA) is 8.89.
Share Price | ₹460.9 | Mar 06,2025 |
Market Cap | ₹1,235.1 Cr | |
Earnings-TTM | ₹139.0 Cr | TTM-Consolidated Results |
Price/Earnings | 8.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VERITAS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,235.1 Cr] as on Mar 06,2025
(/) Earnings [ ₹139.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 8.89x ]
Thus, for VERITAS (INDIA) , the investors are currently willing to pay 8.89 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 VERITAS (INDIA) !
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 VERITAS (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of VERITAS (INDIA)
PE Ratio Performance Analysis for VERITAS (INDIA)
- VERITAS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.92x.
- VERITAS (INDIA) 's operated at median p/e ratio of 2.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VERITAS (INDIA) 's p/e ratio peaked in Mar2024 at 15.36x.
- VERITAS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.59x.
How does VERITAS (INDIA) 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VERITAS (INDIA) | 138.97 | 8.89 | 1,235.1 |
ADANI ENTERPRISES LTD | 3,799.73 | 68.44 | 260,054.0 |
REDINGTON LTD | 1,226.77 | 15.80 | 19,380.2 |
MMTC LTD | 101.03 | 80.31 | 8,113.5 |
HONASA CONSUMER LTD | 78.18 | 92.28 | 7,214.3 |
LLOYDS ENTERPRISES LTD | 151.82 | 36.23 | 5,500.7 |
ENTERO HEALTHCARE SOLUTIONS LTD | 97.19 | 56.95 | 5,535.1 |
OPTIEMUS INFRACOM LTD | 57.53 | 69.64 | 4,006.2 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 3.41 | 832.24 | 2,840.5 |
MSTC LTD | 408.19 | 7.85 | 3,203.6 |
SG MART LTD | 103.81 | 33.35 | 3,461.9 |
Trading Industry Benchmark (Top 10) PE Analysis vs VERITAS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.85x |
Max industry PE | 832.24x |
Median industry PE | 56.95x |
Average industry PE | 118.36x |
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