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Veritas (India) (BOM:512229) EV-to-EBITDA : 14.64 (As of May. 27, 2024)


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What is Veritas (India) EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Veritas (India)'s enterprise value is ₹36,881 Mil. Veritas (India)'s EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2,519 Mil. Therefore, Veritas (India)'s EV-to-EBITDA for today is 14.64.

The historical rank and industry rank for Veritas (India)'s EV-to-EBITDA or its related term are showing as below:

BOM:512229' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.49   Med: 3.98   Max: 16.27
Current: 14.64

During the past 13 years, the highest EV-to-EBITDA of Veritas (India) was 16.27. The lowest was 0.49. And the median was 3.98.

BOM:512229's EV-to-EBITDA is ranked worse than
70.72% of 444 companies
in the Conglomerates industry
Industry Median: 8.795 vs BOM:512229: 14.64

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-27), Veritas (India)'s stock price is ₹1367.45. Veritas (India)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹71.470. Therefore, Veritas (India)'s PE Ratio for today is 19.13.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Veritas (India) EV-to-EBITDA Historical Data

The historical data trend for Veritas (India)'s EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veritas (India) EV-to-EBITDA Chart

Veritas (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 3.28 3.49 3.93 4.43

Veritas (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 4.43 2.83 3.44 5.71

Competitive Comparison of Veritas (India)'s EV-to-EBITDA

For the Conglomerates subindustry, Veritas (India)'s EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veritas (India)'s EV-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Veritas (India)'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Veritas (India)'s EV-to-EBITDA falls into.



Veritas (India) EV-to-EBITDA Calculation

Veritas (India)'s EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=36880.727/2518.881
=14.64

Veritas (India)'s current Enterprise Value is ₹36,881 Mil.
Veritas (India)'s EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,519 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veritas (India)  (BOM:512229) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Veritas (India)'s PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1367.45/71.470
=19.13

Veritas (India)'s share price for today is ₹1367.45.
Veritas (India)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹71.470.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Veritas (India) EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Veritas (India)'s EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Veritas (India) (BOM:512229) Business Description

Traded in Other Exchanges
N/A
Address
70 Mint Road, Veritas House, 3rd Floor, Fort, Mumbai, MH, IND, 400001
Veritas (India) Ltd is engaged in the business of imports, exports, trading, and distribution of chemicals, polymers, paper & paper boards, rubber, heavy distillates, development of software, etc., and also in the generation of wind energy. The operating business segments of the company are Trading Distribution development and Wind power generation.

Veritas (India) (BOM:512229) Headlines

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