VEEDOL CORPORATION
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The Current P/E Ratio of VEEDOL CORPORATION is 20.14.
| Share Price | ₹1,768.3 | Nov 04,2025 |
| Market Cap | ₹3,076.8 Cr | |
| Earnings-TTM | ₹152.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.14x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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 [ ₹3,076.8 Cr] as on Nov 04,2025
(/) Earnings [ ₹152.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.14x ]
Thus, for VEEDOL CORPORATION , the investors are currently willing to pay 20.14 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 Mar2025 to Mar2021 averaged 12.04x.
- 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 Mar2021 of 2.08x.
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 | 152.74 | 20.14 | 3,076.8 |
| CASTROL INDIA LTD | 976.65 | 19.62 | 19,164.2 |
| GULF OIL LUBRICANTS INDIA LTD | 367.96 | 16.96 | 6,240.9 |
| SAVITA OIL TECHNOLOGIES LTD | 128.71 | 21.18 | 2,725.6 |
| PANAMA PETROCHEM LTD | 179.48 | 9.23 | 1,656.9 |
| GANDHAR OIL REFINERY (INDIA) LTD | 77.05 | 16.99 | 1,309.1 |
| GP PETROLEUMS LTD | 26.57 | 7.69 | 204.5 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs VEEDOL CORPORATION 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 7.69x |
| Max industry PE | 21.18x |
| Median industry PE | 16.99x |
| Average industry PE | 15.97x |
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