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VERITAS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of VERITAS (INDIA) is -479.22.

Share Price ₹141.8Nov 02,2026
Market Cap ₹380.0 Cr
Earnings-TTM₹-0.8 CrTTM-Consolidated Results
Price/Earnings-479.22xCalculated 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 [ ₹380.0 Cr] as on Nov 02,2026

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

(=) P/E Ratio [ -479.22x ]

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 -479.22 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 -479.22x.

- 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) -0.79-479.22380.0
ADANI ENTERPRISES LTD4,888.2072.28353,335.0
PREMIER ENERGIES LTD1,668.3924.1840,333.6
ADITYA INFOTECH LTD477.2898.7947,149.5
AEGIS LOGISTICS LTD1,552.5924.8938,645.1
REDINGTON LTD1,504.6617.1525,810.3
RRP SEMICONDUCTOR LTD-7.80-1,405.9810,959.6
HONASA CONSUMER LTD249.4059.0514,726.5
LLOYDS ENTERPRISES LTD235.7738.949,181.5
MMTC LTD269.1329.107,833.0
CELLO WORLD LTD324.2624.067,800.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -1,405.98x
Max industry PE 98.79x
Median industry PE 24.89x
Average industry PE -136.07x



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