VRTC (Veritec) Shiller PE Ratio: (As of Sep. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Veritec Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Veritec  (OTCPK:VRTC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Veritec Shiller PE Ratio Related Terms


Veritec Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Veritec's Shiller PE Ratio 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.

Veritec Shiller PE Ratio Chart

Veritec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Veritec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE Ratio 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 0.00 0.00 0.00 0.00 0.00

VRTC vs WDDD, RBTC, CRM: Shiller PE Ratio Comparison

For the Software - Application subindustry, Veritec's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Veritec Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Veritec's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Veritec's Shiller PE Ratio falls into.



Veritec Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Veritec's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Veritec's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.01/315.3010*315.3010
=-0.010

Current CPI (Sep. 2024) = 315.3010.

Veritec Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.003 234.812 -0.004
201503 -0.020 236.119 -0.027
201506 -0.030 238.638 -0.040
201509 -0.050 237.945 -0.066
201512 -0.010 236.525 -0.013
201603 -0.010 238.132 -0.013
201606 0.000 241.018 0.000
201609 0.004 241.428 0.005
201612 -0.010 241.432 -0.013
201703 -0.020 243.801 -0.026
201706 0.000 244.955 0.000
201709 0.010 246.819 0.013
201712 0.002 246.524 0.003
201803 -0.010 249.554 -0.013
201806 -0.001 251.989 -0.001
201809 -0.010 252.439 -0.012
201812 -0.005 251.233 -0.006
201903 -0.010 254.202 -0.012
201906 0.000 256.143 0.000
201909 0.001 256.759 0.001
201912 -0.010 256.974 -0.012
202003 -0.005 258.115 -0.006
202006 0.000 257.797 0.000
202009 -0.010 260.280 -0.012
202012 -0.010 260.474 -0.012
202103 -0.010 264.877 -0.012
202106 -0.010 271.696 -0.012
202109 -0.010 274.310 -0.011
202112 -0.003 278.802 -0.003
202203 -0.006 287.504 -0.007
202206 0.000 296.311 0.000
202209 -0.010 296.808 -0.011
202212 -0.010 296.797 -0.011
202303 -0.010 301.836 -0.010
202306 -0.010 305.109 -0.010
202309 -0.010 307.789 -0.010
202312 -0.010 306.746 -0.010
202403 -0.010 312.332 -0.010
202406 -0.010 314.175 -0.010
202409 -0.010 315.301 -0.010

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Veritec Business Description

Address 2445 Winnetka Avenue North, Golden Valley, MN, USA, 55427
Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include MTC Debit Card Visa Prepaid Card Programs, blinx ON-OFF Debit Card Visa Prepaid Card Programs, Custom Branded Debit Card Programs, and blinxPay Mobile Wallet App. Geographically, it derives revenue from the United States.