VERITAS (INDIA)
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The Current P/E Ratio of VERITAS (INDIA) is 8.93.
Share Price | ₹378.3 | Aug 08,2025 |
Market Cap | ₹1,013.7 Cr | |
Earnings-TTM | ₹113.6 Cr | TTM-Consolidated Results |
Price/Earnings | 8.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VERITAS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,013.7 Cr] as on Aug 08,2025
(/) Earnings [ ₹113.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 8.93x ]
Thus, for VERITAS (INDIA) , the investors are currently willing to pay 8.93 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.92x.
- VERITAS (INDIA) 's operated at median p/e ratio of 2.97x 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 Mar2020 of 0.59x.
How does VERITAS (INDIA) 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VERITAS (INDIA) | 113.56 | 8.93 | 1,013.7 |
ADANI ENTERPRISES LTD | 6,753.29 | 37.22 | 251,386.0 |
REDINGTON LTD | 1,836.56 | 10.26 | 18,840.8 |
MMTC LTD | 74.59 | 127.03 | 9,475.5 |
HONASA CONSUMER LTD | 72.69 | 116.00 | 8,432.0 |
LLOYDS ENTERPRISES LTD | 126.30 | 84.45 | 10,665.5 |
ENTERO HEALTHCARE SOLUTIONS LTD | 117.14 | 47.84 | 5,603.3 |
OPTIEMUS INFRACOM LTD | 60.00 | 85.49 | 5,129.0 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 2.70 | 558.05 | 1,504.5 |
MSTC LTD | 435.68 | 7.59 | 3,305.6 |
SG MART LTD | 109.44 | 37.69 | 4,125.2 |
Trading Industry Benchmark (Top 10) PE Analysis vs VERITAS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.59x |
Max industry PE | 558.05x |
Median industry PE | 47.84x |
Average industry PE | 101.87x |
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