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Veto Switchgears & Cables Ltd PB Ratio

Veto Switchgears & Cables Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Veto Switchgears & Cables Ltd

NSE: VETO

PB

1.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Veto Switchgears & Cables Ltd is 1.1 as of 07 Nov 24.
  • The P/B Ratio of Veto Switchgears & Cables Ltd changed from 0.8 on March 2022 to 0.9 on March 2024 . This represents a CAGR of 4.00% over 3 years. .

Historical P/B Ratio of Veto Switchgears & Cables Ltd

No data available

Company Fundamentals for Veto Switchgears & Cables Ltd

Market Cap

259 Cr

EPS

9.3

P/E Ratio (TTM) *

14.7

P/B Ratio (TTM) *

1.1

Day’s High *

136.1

Day’s Low

136.0

DTE *

0.1

ROE *

7.3

52 Week High

196.0

52 Week Low

106.05

ROCE *

12.1

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Veto Switchgears & Cables 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 2024135.95
06 Nov 2024139.8
05 Nov 2024133.75
04 Nov 2024135.5
01 Nov 2024139.1
31 Oct 2024137.3
30 Oct 2024136.25
29 Oct 2024131.15
28 Oct 2024131.7
25 Oct 2024128.45

SWOT Analysis Of Veto Switchgears & Cables Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Veto Switchgears & Cables Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Veto Switchgears & Cables Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Veto Switchgears & Cables Ltd1259
Siemens Ltd3942,51,827
ABB India Ltd3001,48,252
CG Power & Industrial Solutions Ltd241,11,175
Waaree Energies Ltd26496,454
Suzlon Energy Ltd290,475

Key Valuation Metric of Veto Switchgears & Cables Ltd

Share Price

₹136

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 Veto Switchgears & Cables Ltd

No data available

* All values are in crore

Historical Revenue of Veto Switchgears & Cables Ltd

No data available

* All values are in crore

Historical EBITDA of Veto Switchgears & Cables Ltd

No data available

* All values are in crore

Historical Net Profit of Veto Switchgears & Cables Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veto Switchgears & Cables Ltd News Hub

News

Veto Switchgears & Cables AGM scheduled

Veto Switchgears & Cables announced that the Annual General Meeting (AGM) of the company w...

Read more

05 Sep 202415:14

News

Veto Switchgears & Cables to discuss results

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on ...

Read more

08 Aug 202417:22

News

Board of Veto Switchgears & Cables recommends final dividend

Veto Switchgears & Cables announced that the Board of Directors of the Company at its meet...

Read more

30 May 202415:37

News

Veto Switchgears & Cables to declare Quarterly Result

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on ...

Read more

28 May 202412:59

News

Veto Switchgears & Cables announces board meeting date

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on ...

Read more

09 Feb 202416:07

News

Veto Switchgears & Cables to table results

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on ...

Read more

02 Nov 202316:58

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Veto Switchgears & Cables Ltd

What is the PB ratio of Veto Switchgears & Cables Ltd?

The current PB ratio of Veto Switchgears & Cables 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 Veto Switchgears & Cables Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Veto Switchgears & Cables 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 Veto Switchgears & Cables Ltd calculated?

The PB ratio of Veto Switchgears & Cables 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 Veto Switchgears & Cables Ltd?

A high PB ratio suggests that Veto Switchgears & Cables 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 Veto Switchgears & Cables Ltd?

A low PB ratio of Veto Switchgears & Cables Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Veto Switchgears & Cables Ltd PB Ratio change over time?

Yes, the PB ratio of Veto Switchgears & Cables 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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