Veritas (India) Limited

Veritas (India) Limitedverified

VERITAS.BO

Price:

$196.3

Market Cap:

$5.26B

Veritas (India) Ltd. is engaged in the business of imports, export, trading and distribution of chemicals and metals. It focuses on international trade & distribution of chemicals petrochemicals, polymers, paper & paper boards, rubber, heavy distillates. The firm operates its business through following segments: Trading, Development of Software and Distribution, and Wind Power Generation. The company was founded on March 21, 1985 and is headquartered in Mumbai, India.

Industry

Industrial - Distribution

IPO Date

2008-05-26

Stock Exchange

BSE

Ticker

VERITAS.BO

The PE Ratio as of December 2025 (TTM) for Veritas (India) Limited (VERITAS.BO) is 9.82

According to Veritas (India) Limited’s latest financial reports and current stock price. The company's current PE Ratio is 9.82. This represents a change of -121.00% compared to the average of -46.77 of the last 4 quarters.

Veritas (India) Limited (VERITAS.BO) Historical PE Ratio (quarterly & annually)

How has VERITAS.BO PE Ratio performed in the past?

The mean historical PE Ratio of Veritas (India) Limited over the last ten years is 5.40. The current 9.82 PE Ratio has changed 18.07% with respect to the historical average. Over the past ten years (40 quarters), VERITAS.BO's PE Ratio was at its highest in in the March 2019 quarter at 63.71. The PE Ratio was at its lowest in in the March 2025 quarter at -237.54.

Quarterly (TTM)
Annual

Average

5.40

Median

4.31

Minimum

0.59

Maximum

15.67

Veritas (India) Limited (VERITAS.BO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Veritas (India) Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 287.41%

Maximum Annual PE Ratio = 15.67

Minimum Annual Increase = -81.78%

Minimum Annual PE Ratio = 0.59

Quarterly (TTM)
Annual
YearPE RatioChange
20259.22-41.15%
202415.67287.41%
20234.0436.89%
20222.9575.51%
20211.68184.84%
20200.59-81.78%
20193.24-52.42%
20186.8248.65%
20174.59-12.63%
20165.2582.35%

Veritas (India) Limited (VERITAS.BO) Average PE Ratio

How has VERITAS.BO PE Ratio performed in the past?

The current PE Ratio of Veritas (India) Limited (VERITAS.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

9.64

5-year avg

6.71

10-year avg

5.40

Veritas (India) Limited (VERITAS.BO) PE Ratio vs. Peers

How is VERITAS.BO’s PE Ratio compared to its peers?

Veritas (India) Limited’s PE Ratio is less than Mercury Ev-Tech Ltd. (81.44), less than Black Rose Industries Limited (24.67), less than Shri Jagdamba Polymers Limited (11.75), greater than Jaiprakash Associates Limited (-0.66), less than RMC Switchgears Limited (12.46), less than Axtel Industries Limited (48.28), less than Transindia Real Estate Limited (11.00), less than JITF Infralogistics Limited (23.31), greater than Prakash Pipes Limited (8.24), greater than Dreamfolks Services Limited (8.74),

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