# DoubleVerify Holdings share price today (DoubleVerify Holdings, Inc., DV)

> DoubleVerify Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. DV · Communication Services · Advertising Agencies · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/dv

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: $13.54 (+19.0% in a year)
- P/E: 34.4×, over 1 year
- Revenue (Jun 2026): $194 M (+2.5% on a year ago)
- Profit (Jun 2026): $12.9 M (+47.5% on a year ago)
- Operating margin: 11.9% (+4.5 points on a year ago)
- ROE: 5%, FY25
- ROIC: 6.9%, against a 9.3% cost of capital: −2.4 points

The main question: the share price moved +19.0% in a year while yearly earnings per share moved −6.3%. The difference came from the market paying a higher multiple. ## What is the DoubleVerify Holdings share price today? DoubleVerify Holdings, Inc.'s share price was $13.54 at the close on 3 November 2026. That is 19.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $9 and $14, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 14 weeks in a row. Over the last 1 year the share price moved −7% while the S&P 500 moved +21%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does DoubleVerify Holdings pay? DoubleVerify Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is DoubleVerify Holdings on? DoubleVerify Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is DoubleVerify Holdings profitable? DoubleVerify Holdings, Inc. earned $12.9 M of net profit in the Jun 2026 quarter, +47.5% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $50.6 M. Over 4 years profit has grown 14.7% a year on average. That is 6.7% of the quarter's revenue. The same quarter a year earlier earned $8.8 M. For the full year, FY25 profit was $50.6 M (−9.9% on the year before). Why profit moved: revenue changed +2.5% on a year earlier and the margin moved +4.5 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +50.1% and revenue +7.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does DoubleVerify Holdings make, and is it growing? DoubleVerify Holdings, Inc. reported $194 M of revenue in the Jun 2026 quarter, +2.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 22.5% a year on average. The last full year, FY25, came in at $748 M. The last four reported quarters add to $769 M. FY25 revenue was $748 M, +13.9% on the year before. Recent pace: the last four quarters grew +7.8% on average, against 22.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.6%, against +12.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +11.6%, against −1.8% a year (accelerating). ## How much of every $100 of sales does DoubleVerify Holdings keep? DoubleVerify Holdings, Inc.'s operating margin was 11.9% in the Jun 2026 quarter, 4.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between 9.0% and 15.2%. The latest quarter is within that range. Why the margin moved: operating margin changed +4.5 percentage points on the year while gross margin changed +0.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is DoubleVerify Holdings' profit turning into cash? Over the last 3 years, 275% of DoubleVerify Holdings, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $211 M of operating cash against $50.6 M of profit. After $38.5 M of spending on assets, $173 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does DoubleVerify Holdings' cash go? DoubleVerify Holdings, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $82.7 M on assets over the last 3 years. Averaged over those years that is 3.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $82.7 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is DoubleVerify Holdings' P/E ratio, and how does it compare with its own history? DoubleVerify Holdings, Inc.'s P/E is 34.4×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −6.3% while the price moved +19.0%. The price did better than earnings, which pushed the multiple up within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the DoubleVerify Holdings business getting better or worse? DoubleVerify Holdings, Inc.'s business is getting better. Profit growth hit its low 4 quarters ago at −22.6% and has recovered to +11.6%, with ROCE steady at 6.8%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does DoubleVerify Holdings earn on its capital? DoubleVerify Holdings, Inc. earned a ROE of 5% in FY25. Its return on capital used (ROIC) is 2.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.8% net margin and 0.55× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.8% net margin × 0.55× asset turnover × 1.20× leverage (assets divided by equity) ≈ 4.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 6.9% − 9.3% = −2.4 percentage points. The 9.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 6.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 5.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does DoubleVerify Holdings have too much debt? DoubleVerify Holdings, Inc. has total debt of $112 M against shareholder equity of $1.1 B as of Jun 2026, so its debt is 0.10× its equity, which is very little. Year by year, that ratio went from 0.01 in FY21 to 0.09 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the DoubleVerify Holdings shareholding pattern? 4.5% of DoubleVerify Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is DoubleVerify Holdings from balance-sheet trouble? For DoubleVerify Holdings, Inc., the Z-score is 6.40. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 6.40 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does DoubleVerify Holdings rank in its industry? 61.4 out of 100, rank 2 of 20 in Advertising Agencies, with 81% of the evidence available. DoubleVerify Holdings, Inc. scores 61.4 out of 100 against the 20 companies it is compared with in Advertising Agencies, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 22.2 + 11.9 + 11.4 + 15.9 = 61.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is DoubleVerify Holdings compared with? DoubleVerify Holdings ranks 2 of 20 Advertising Agencies companies on the 4-Factor Sector Score, with 61.4 out of 100. 1. [Magnite, Inc.](https://www.sectoralpha.in/us/stocks/mgni) MGNI · losing its lead · Evidence leans up · 71% evidence 61.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 8.2% · Profit 100% · Operating margin change 3.5 points · 83% evidence Capital efficiency 10.7/25 · ROCE 8.7% · Operating margin 16.2% · 76% evidence Valuation 10.1/20 · P/E 16.3× · PEG n/a · 15% evidence Relative strength 16.8/20 · Lead over its industry 22.7% · Lead over S&P 500 24.4% · 1 year 47.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.3 + 10.7 + 10.1 + 16.8 = 61.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. DoubleVerify Holdings, Inc. this page DV · losing its lead · Evidence leans up · 81% evidence 61.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 7.7% · Profit 11.5% · Operating margin change 4.5 points · 83% evidence Capital efficiency 11.9/25 · ROCE 8.1% · Operating margin 11.9% · 76% evidence Valuation 11.4/20 · P/E 28.3× · PEG 1.37 · 65% evidence Relative strength 15.9/20 · Lead over its industry 12.2% · Lead over S&P 500 14.5% · 1 year 44.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 22.2 + 11.9 + 11.4 + 15.9 = 61.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Entravision Communications Corporation](https://www.sectoralpha.in/us/stocks/evc) EVC · quiet · Evidence leans up · 64% evidence 61.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 71.3% · Profit n/a · Operating margin change 14.1 points · 62% evidence Capital efficiency 16.4/25 · ROCE 20.2% · Operating margin 13.3% · 76% evidence Valuation 8.5/20 · P/E 287× · PEG n/a · 15% evidence Relative strength 9.8/20 · Lead over its industry 11.1% · Lead over S&P 500 10.1% · 1 year 140.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.5 + 16.4 + 8.5 + 9.8 = 61.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [QuinStreet, Inc.](https://www.sectoralpha.in/us/stocks/qnst) QNST · quiet · Evidence leans up · 71% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 18.3% · Profit 100% · Operating margin change 1.8 points · 83% evidence Capital efficiency 8.8/25 · ROCE 9% · Operating margin 5.1% · 76% evidence Valuation 10.3/20 · P/E 10.4× · PEG n/a · 15% evidence Relative strength 15.2/20 · Lead over its industry 17.9% · Lead over S&P 500 20% · 1 year 32.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 26.2 + 8.8 + 10.3 + 15.2 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [AppLovin Corporation](https://www.sectoralpha.in/us/stocks/app) APP · basing · Evidence leans up · 71% evidence 60.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 60.6% · Profit 81.6% · Operating margin change 1.6 points · 83% evidence Capital efficiency 20.8/25 · ROCE 75.4% · Operating margin 77.7% · 76% evidence Valuation 9.0/20 · P/E 39.3× · PEG n/a · 15% evidence Relative strength 2.9/20 · Lead over its industry -49.9% · Lead over S&P 500 -48.3% · 1 year -60.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.3 + 20.8 + 9 + 2.9 = 60 · What this means: Earnings are strong; relative strength in its sector is -49.9% and the one-year return is -60.4%. 6. [Ziff Davis, Inc.](https://www.sectoralpha.in/us/stocks/zd) ZD · losing its lead · Evidence leans up · 81% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue -0.7% · Profit 100% · Operating margin change -0.5 points · 83% evidence Capital efficiency 7.8/25 · ROCE 4.8% · Operating margin 4.2% · 76% evidence Valuation 15.4/20 · P/E 3× · PEG 0.54 · 65% evidence Relative strength 15.1/20 · Lead over its industry 13.6% · Lead over S&P 500 15.1% · 1 year 65.7% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.7 + 7.8 + 15.4 + 15.1 = 55 · What this means: Relative strength against the index is 15.1%, and revenue and profit growth are weak. 7. [WPP plc](https://www.sectoralpha.in/us/stocks/wpp) WPP · losing its lead · Too little evidence to rank firmly · 51% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue n/a · Profit n/a · Operating margin change 0.8 points · 26% evidence Capital efficiency 8.6/25 · ROCE 4.6% · Operating margin 4.1% · 76% evidence Valuation 11.0/20 · P/E -10.6× · PEG n/a · 15% evidence Relative strength 18.4/20 · Lead over its industry 23.1% · Lead over S&P 500 25.9% · 1 year 48.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 16.5 + 8.6 + 11 + 18.4 = 54.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Omnicom Group Inc.](https://www.sectoralpha.in/us/stocks/omc) OMC · turning · Evidence leans up · 85% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 54.1% · Profit -47.2% · Operating margin change 0.1 points · 95% evidence Capital efficiency 17.2/25 · ROCE 14.8% · Operating margin 15.7% · 76% evidence Valuation 10.5/20 · P/E 28.7× · PEG 1.52 · 65% evidence Relative strength 10.4/20 · Lead over its industry -1% · Lead over S&P 500 1.4% · 1 year 12% · 100% evidence · 4 of 12 weeks ahead Exact sum: 16.2 + 17.2 + 10.5 + 10.4 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Stagwell Inc.](https://www.sectoralpha.in/us/stocks/stgw) STGW · leader · Evidence leans up · 64% evidence 52.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 6.3% · Profit n/a · Operating margin change -0.2 points · 62% evidence Capital efficiency 7.9/25 · ROCE 5.4% · Operating margin 2.6% · 76% evidence Valuation 8.9/20 · P/E 42.4× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 47.4% · Lead over S&P 500 49.6% · 1 year 123.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.5 + 7.9 + 8.9 + 20 = 52.3 · What this means: Relative strength against the index is 49.6%, and revenue and profit growth are weak. 10. [The Trade Desk, Inc.](https://www.sectoralpha.in/us/stocks/ttd) TTD · basing · Evidence leans down · 81% evidence 47.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.6/35 · Revenue 11.6% · Profit -2.4% · Operating margin change -2.6 points · 83% evidence Capital efficiency 18.1/25 · ROCE 19.7% · Operating margin 14.2% · 76% evidence Valuation 4.9/20 · P/E 20.9× · PEG 4.09 · 65% evidence Relative strength 5.8/20 · Lead over its industry -50.4% · Lead over S&P 500 -48.2% · 1 year -70.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.6 + 18.1 + 4.9 + 5.8 = 47.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 11. [Clear Channel Outdoor Holdings, Inc.](https://www.sectoralpha.in/us/stocks/cco) CCO · Too little evidence to rank firmly · 51% evidence 47.3 out of 100 Growth Capital Valuation Relative
12. Townsquare Media, Inc. TSQ · Too little evidence to rank firmly · 51% evidence 41.4 out of 100 Growth Capital Valuation Relative
13. [Advantage Solutions Inc.](https://www.sectoralpha.in/us/stocks/adv) ADV · turning · Evidence leans down · 64% evidence 40.4 out of 100 Growth Capital Valuation Relative
14. [Criteo S.A.](https://www.sectoralpha.in/us/stocks/crto) CRTO · basing · Evidence leans down · 71% evidence 39.1 out of 100 Growth Capital Valuation Relative
15. [Nexxen International Ltd.](https://www.sectoralpha.in/us/stocks/nexn) NEXN · quiet · Evidence leans down · 71% evidence 35.9 out of 100 Growth Capital Valuation Relative
16. National CineMedia, Inc. NCMI · quiet · Too little evidence to rank firmly · 58% evidence 30.8 out of 100 Growth Capital Valuation Relative
17. Unitrend Entertainment Group Limited INHI · Too little evidence to rank firmly · 11% evidence 56.7 out of 100 Growth Capital Valuation Relative
18. [Emerald Holding, Inc.](https://www.sectoralpha.in/us/stocks/eex) EEX · Too little evidence to rank firmly · 36% evidence 47.2 out of 100 Growth Capital Valuation Relative
19. [QMMM Holdings Limited](https://www.sectoralpha.in/us/stocks/qmmm) QMMM · Too little evidence to rank firmly · 16% evidence 40.4 out of 100 Growth Capital Valuation Relative
20. Fluent, Inc. FLNT · Too little evidence to rank firmly · 44% evidence 33.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Advertising Agencies](https://www.sectoralpha.in/us/sectors/advertising-agencies), all 20 compared on one page. ## Which companies are close to DoubleVerify Holdings in size? DoubleVerify Holdings is the 8th largest of 17 Advertising Agencies companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: WPP plc, Magnite, Inc. and Stagwell Inc. Just below it: Ziff Davis, Inc., Clear Channel Outdoor Holdings, Inc. and QuinStreet, Inc. ### Advertising Agencies companies close in size

1. [WPP plc](https://www.sectoralpha.in/us/stocks/wpp) $6 billion
2. [Magnite, Inc.](https://www.sectoralpha.in/us/stocks/mgni) $3.2 billion
3. [Stagwell Inc.](https://www.sectoralpha.in/us/stocks/stgw) $2.7 billion
4. DoubleVerify Holdings, Inc. $2.1 billion
5. [Ziff Davis, Inc.](https://www.sectoralpha.in/us/stocks/zd) $1.9 billion
6. [Clear Channel Outdoor Holdings, Inc.](https://www.sectoralpha.in/us/stocks/cco) $1.2 billion
7. [QuinStreet, Inc.](https://www.sectoralpha.in/us/stocks/qnst) $1 billion

[All 17 Advertising Agencies companies, largest first](https://www.sectoralpha.in/us/sectors/advertising-agencies#all-companies)

### Companies close in size in other industries

1. [NeoGenomics, Inc.](https://www.sectoralpha.in/us/stocks/neo) $2.1 billion · Diagnostics & Research
2. [Encore Capital Group, Inc.](https://www.sectoralpha.in/us/stocks/ecpg) $2.1 billion · Credit Services
3. DoubleVerify Holdings, Inc. $2.1 billion
4. [National Energy Services Reunited Corp.](https://www.sectoralpha.in/us/stocks/nesr) $2.1 billion · Oil & Gas Equipment & Services
5. [BioCryst Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/bcrx) $2.1 billion · Drug Manufacturers - Specialty & Generic

## What else do people ask about DoubleVerify Holdings? ### What were DoubleVerify Holdings's latest quarterly results? DoubleVerify Holdings, Inc. reported revenue of $194 M and net profit of $12.9 M for the Jun 2026 quarter. Revenue rose 2.5% and profit rose 47.5% compared with a year earlier. Earnings per share were $0.08. The operating margin was 11.9%, 4.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is DoubleVerify Holdings's market cap? DoubleVerify Holdings, Inc.'s market capitalisation is $2.1 B at a stock price of $13.54. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is DoubleVerify Holdings performing? DoubleVerify Holdings, Inc.'s latest readings are below. In its latest quarter, revenue rose 2.5% and profit rose 47.5% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 14 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will DoubleVerify Holdings's stock price go up? This page does not forecast DoubleVerify Holdings, Inc.'s stock price. What it shows instead: the stock price is $13.54. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is DoubleVerify Holdings in its business cycle? DoubleVerify Holdings, Inc.'s FY25 operating margin was 10.8%, against a 5-year range of 9.0% to 15.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the DoubleVerify Holdings story? The main question: the share price moved +19.0% in a year while yearly earnings per share moved −6.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is DoubleVerify Holdings a stock worth studying right now? What the numbers show: DoubleVerify Holdings, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.