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VERITAS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of VERITAS (INDIA) is -564.39.

Share Price ₹167.0Sep 10,2026
Market Cap ₹447.6 Cr
Earnings-TTM₹-0.8 CrTTM-Consolidated Results
Price/Earnings-564.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VERITAS (INDIA)

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of VERITAS (INDIA) is calculated as :

Current Market Cap [ ₹447.6 Cr] as on Sep 10,2026

(/) Earnings [ ₹-0.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -564.39x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for VERITAS (INDIA) , the investors are currently willing to pay -564.39 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 latest p/e ratio is -564.39x.

- VERITAS (INDIA) 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 9.95x.

- VERITAS (INDIA) 's operated at median p/e ratio of 9.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VERITAS (INDIA) 's p/e ratio peaked in Mar2026 at 18.35x.

- VERITAS (INDIA) 's p/e ratio hit its five-year low in Mar2022 of 2.97x.


How does VERITAS (INDIA) 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VERITAS (INDIA) -0.79-564.39447.6
ADANI ENTERPRISES LTD7,230.0658.04419,654.0
PREMIER ENERGIES LTD1,668.3926.3944,033.3
ADITYA INFOTECH LTD477.2894.8945,287.2
AEGIS LOGISTICS LTD1,476.1131.0745,861.7
REDINGTON LTD1,504.6620.3830,661.2
RRP SEMICONDUCTOR LTD-7.80-1,463.6411,409.1
HONASA CONSUMER LTD249.4062.1115,489.4
LLOYDS ENTERPRISES LTD235.7745.3210,685.9
MMTC LTD269.1334.689,333.0
CELLO WORLD LTD324.2623.587,646.9

Trading Industry Benchmark (Top 10) PE Analysis vs VERITAS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,463.64x
Max industry PE 94.89x
Median industry PE 31.07x
Average industry PE -148.32x



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