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VEEDOL CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of VEEDOL CORPORATION is 13.92.

Share Price ₹1,511.1Aug 18,2026
Market Cap ₹2,629.2 Cr
Earnings-TTM₹188.9 CrTTM-Consolidated Results
Price/Earnings13.92xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VEEDOL CORPORATION

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 VEEDOL CORPORATION is calculated as :

Current Market Cap [ ₹2,629.2 Cr] as on Aug 18,2026

(/) Earnings [ ₹188.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.92x ]

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

Thus, for VEEDOL CORPORATION , the investors are currently willing to pay 13.92 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 latest p/e ratio is 13.92x.

- VEEDOL CORPORATION 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 13.83x.

- VEEDOL CORPORATION 's operated at median p/e ratio of 13.76x 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 Mar2026 of 11.01x.


How does VEEDOL CORPORATION 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VEEDOL CORPORATION 188.8913.922,629.2
CASTROL INDIA LTD1,062.3517.3918,471.9
GULF OIL LUBRICANTS INDIA LTD370.4915.675,805.7
SAVITA OIL TECHNOLOGIES LTD413.9411.904,925.0
PANAMA PETROCHEM LTD478.796.353,039.5
GANDHAR OIL REFINERY (INDIA) LTD316.937.872,493.5
GP PETROLEUMS LTD41.227.76320.0

Lubricants Industry Benchmark (Top 10) PE Analysis vs VEEDOL CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 6.35x
Max industry PE 17.39x
Median industry PE 11.90x
Average industry PE 11.55x



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