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VERITAS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of VERITAS (INDIA) is 13.95.

Share Price ₹179.7Feb 13,2026
Market Cap ₹481.5 Cr
Earnings-TTM₹34.5 CrTTM-Consolidated Results
Price/Earnings13.95xCalculated 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 [ ₹481.5 Cr] as on Feb 13,2026

(/) Earnings [ ₹34.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.95x ]

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 13.95 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 13.95x.

- VERITAS (INDIA) 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 6.61x.

- VERITAS (INDIA) 's operated at median p/e ratio of 4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VERITAS (INDIA) 's p/e ratio peaked in Mar2024 at 15.36x.

- VERITAS (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 1.68x.


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) 34.5213.95481.5
ADANI ENTERPRISES LTD13,793.0020.07276,809.0
REDINGTON LTD1,914.3110.7420,568.5
MMTC LTD180.6953.049,583.5
HONASA CONSUMER LTD155.7562.989,809.9
LLOYDS ENTERPRISES LTD341.4524.738,443.4
ENTERO HEALTHCARE SOLUTIONS LTD132.1338.025,023.6
OPTIEMUS INFRACOM LTD65.7755.853,673.1
POLO QUEEN INDUSTRIAL & FINTECH LTD2.82292.35823.3
MSTC LTD223.0215.073,359.8
SG MART LTD102.7351.355,275.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 10.74x
Max industry PE 292.35x
Median industry PE 38.02x
Average industry PE 58.01x



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