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PB Ratio of Veritas (india) Ltd

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Veritas (India) Ltd

NSE: VERITASINDIA

PB Ratio

0.4

Last updated on: May 09, 2025

Key Highlights

  • The latest PB Ratio of Veritas (India) Ltd is 0.4.
  • The PB ratio of the Veritas (India) Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Veritas (India) Ltd changed from 0.1 on March 2021 to 1.1 on March 2024 . This represents a CAGR of 82.12% over 4 years.

Historical P/B Ratio of Veritas (India) Ltd

No data available

Company Fundamentals for Veritas (India) Ltd

Market Cap

1,001 Cr

EPS

51.8

P/E Ratio (TTM)

7.2

P/B Ratio (TTM)

0.4

Day’s High

375.0

Day’s Low

369.25

DTE

0.1

ROE

7.9

52 Week High

1428.5

52 Week Low

369.25

ROCE

6.3

Market Price of Veritas (India) Ltd

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
09 May 2025373.45
08 May 2025376.75
07 May 2025382.05
06 May 2025379.1
05 May 2025386.75
02 May 2025382.15
30 Apr 2025389.9
29 Apr 2025397.85
28 Apr 2025405.95
25 Apr 2025404.65

SWOT Analysis Of Veritas (India) Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Veritas (India) Ltd

Asset Value vs Market Value of Veritas (India) Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Veritas (India) Ltd Explained

1001

Market cap

971

Book Value per Share

0.4X

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

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Veritas (India) Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veritas (India) Ltd News Hub

Veritas (India) consolidated net profit rises 91.21% in the June 2024 quarter

Net profit of Veritas (India) rose 91.21% to Rs 48.07 crore in the quarter ended June 2024 as agains

Read more

14 Aug 24

Veritas (India) to conduct board meeting

Veritas (India) will hold a meeting of the Board of Directors of the Company on 13 August 2024. Powe

Read more

12 Aug 24

Veritas (India) to convene AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be held on 24 Se

Read more

06 Sept 24

Veritas (India) to conduct AGM

Veritas (India) announced that the Annual General Meeting (AGM) of the company will be held on 24 Se

Read more

06 Sept 24

Document

Annual Reports

N/A

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Credit Ratings

N/A

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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 0.38. 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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