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Veritas (india) Ltd PB Ratio

Veritas (india) Ltd PB Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

4.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Veritas (India) Ltd

NSE: VERITASINDIA

PB

1.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Veritas (India) Ltd is 1.1 as of 07 Nov 24.
  • The P/B Ratio of Veritas (India) Ltd changed from 0.2 on March 2022 to 1.1 on March 2024 . This represents a CAGR of 76.52% over 3 years. .

Historical P/B Ratio of Veritas (India) Ltd

No data available

Company Fundamentals for Veritas (India) Ltd

Market Cap

2,669 Cr

EPS

78.3

P/E Ratio (TTM) *

12.7

P/B Ratio (TTM) *

1.1

Day’s High *

1015.65

Day’s Low

995.5

DTE *

0.1

ROE *

7.4

52 Week High

1588.0

52 Week Low

269.0

ROCE *

5.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Veritas (India) Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 2024995.75
06 Nov 2024984
05 Nov 2024968.75
04 Nov 2024988.5
01 Nov 20241008.65
31 Oct 2024989.15
30 Oct 2024969.95
29 Oct 2024952.2
28 Oct 2024971.6
25 Oct 2024989.45

SWOT Analysis Of Veritas (India) Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Veritas (India) Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Veritas (India) Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Veritas (India) Ltd12,669
Adani Enterprises Ltd1893,42,705
Aegis Logistics Ltd7028,082
Cello World Ltd6519,083
Redington Ltd4915,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Veritas (India) Ltd

Share Price

₹1,015

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Veritas (India) Ltd

No data available

* All values are in crore

Historical Revenue of Veritas (India) Ltd

No data available

* All values are in crore

Historical EBITDA of Veritas (India) Ltd

No data available

* All values are in crore

Historical Net Profit of Veritas (India) Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veritas (India) Ltd News Hub

News

Veritas (India) to discuss results

Veritas (India) will hold a meeting of the Board of Directors of the Company on 13 Novembe...

Read more

07 Nov 202414:22

News

Veritas (India) to conduct AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

06 Sep 202417:11

News

Veritas (India) to convene AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

06 Sep 202416:31

News

Veritas (India) to conduct board meeting

Veritas (India) will hold a meeting of the Board of Directors of the Company on 13 August ...

Read more

12 Aug 202412:59

News

Board of Veritas (India) recommends final dividend

Veritas (India) announced that the Board of Directors of the Company at its meeting held o...

Read more

30 May 202412:22

News

Veritas (India) to hold board meeting

Veritas (India) will hold a meeting of the Board of Directors of the Company on 29 May 202...

Read more

20 May 202411:16

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Veritas (India) Ltd

What is the PB ratio of Veritas (India) Ltd?

The current PB ratio of Veritas (India) Ltd is 1.06. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Veritas (India) Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Veritas (India) Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Veritas (India) Ltd calculated?

The PB ratio of Veritas (India) Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Veritas (India) Ltd?

A high PB ratio suggests that Veritas (India) Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Veritas (India) Ltd?

A low PB ratio of Veritas (India) Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Veritas (India) Ltd PB Ratio change over time?

Yes, the PB ratio of Veritas (India) Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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