VEEDOL CORPORATION
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The Current P/E Ratio of VEEDOL CORPORATION is 21.04.
Share Price | ₹1,708.2 | Jul 14,2025 |
Market Cap | ₹2,972.3 Cr | |
Earnings-TTM | ₹141.3 Cr | TTM-Consolidated Results |
Price/Earnings | 21.04x | 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 [ ₹2,972.3 Cr] as on Jul 14,2025
(/) Earnings [ ₹141.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.04x ]
Thus, for VEEDOL CORPORATION , the investors are currently willing to pay 21.04 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 | 141.30 | 21.04 | 2,972.3 |
CASTROL INDIA LTD | 944.45 | 23.34 | 22,042.6 |
GULF OIL LUBRICANTS INDIA LTD | 357.22 | 16.95 | 6,054.1 |
SAVITA OIL TECHNOLOGIES LTD | 112.59 | 25.47 | 2,867.5 |
PANAMA PETROCHEM LTD | 187.03 | 11.30 | 2,113.7 |
GANDHAR OIL REFINERY (INDIA) LTD | 83.61 | 19.91 | 1,664.9 |
GP PETROLEUMS LTD | 26.33 | 8.69 | 228.7 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs VEEDOL CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.69x |
Max industry PE | 25.47x |
Median industry PE | 19.91x |
Average industry PE | 18.10x |
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