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Veto Switchgears & Cables Ltd P/E Ratio

Veto Switchgears & Cables Ltd P/E Ratio

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₹ 1.6 Cr

Volume transacted

stocks purchased

106.8 K

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Last Updated time: 15 Jul 15:30 PM

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Veto Switchgears & Cables Ltd

NSE: VETO

PE

15.9

Last updated : 15 Jul 15:30 PM

Key Highlights

    The P/E Ratio of Veto Switchgears & Cables Ltd is 15.9 as of 15 Jul 15:30 PM .a1#The P/E Ratio of Veto Switchgears & Cables Ltd changed from 11.6 on March 2019 to 7.2 on March 2023 . This represents a CAGR of -9.10% over 5 years. a1#The Latest Trading Price of Veto Switchgears & Cables Ltd is ₹ 150.3 as of 15 Jul 15:30 .a1#The PE Ratio of Capital Goods - Electrical Equipment Industry has changed from -112.2 to 56.5 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 17.2. The PE Ratio of Capital Goods - Electrical Equipment industry is 53.8. The PE Ratio of Finance industry is 24.7. The PE Ratio of IT - Software industry is 29.2. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 12.1. In 2024a1#The Market Cap of Veto Switchgears & Cables Ltd changed from ₹ 133.9 crore on March 2019 to ₹ 144.64 crore on March 2023 . This represents a CAGR of 1.56% over 5 years. a1#The Revenue of Veto Switchgears & Cables Ltd changed from ₹ 60.2 crore to ₹ 83.03 crore over 8 quarters. This represents a CAGR of 17.44% a1#The EBITDA of Veto Switchgears & Cables Ltd changed from ₹ 9.97 crore to ₹ 7.92 crore over 8 quarters. This represents a CAGR of -10.87% a1#The Net Pr of Veto Switchgears & Cables Ltd changed from ₹ 6.49 crore to ₹ 2.23 crore over 8 quarters. This represents a CAGR of -41.38% a1#The Dividend Payout of Veto Switchgears & Cables Ltd changed from 11.86 % on March 2019 to 8.37 % on March 2023 . This represents a CAGR of -10.97% over 3 years. a1#

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Historical P/E Ratio of Veto Switchgears & Cables Ltd

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Historical P/E Ratio of Veto Switchgears & Cables Ltd

Period
Mar '1911.6
Mar '205.8
Mar '2115
Mar '228.7
Mar '237.2

Company Fundamentals for Veto Switchgears & Cables Ltd

Market Cap

287 Cr

EPS

9.4

P/E Ratio (TTM) *

15.9

P/B Ratio (TTM) *

1.2

Day’s High

156.55

Day’s Low

149.25

DTE *

0.1

ROE *

7.3

52 Week High

156.55

52 Week Low

104.4

ROCE *

12.1

* All values are consolidated

Last Updated time: 15 Jul 15:30 PM

* All values are consolidated

Last Updated time: 15 Jul 15:30 PM

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Veto Switchgears & Cables Ltd

NSE: VETO

PRICE

150.3

0.80 (0.54%)

stock direction

Last updated : 15 Jul 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Veto Switchgears & Cables Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value of Veto Switchgears & Cables Ltd

Market Value

286

Asset Value

272

0.1 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Veto Switchgears & Cables Ltd15285
Siemens Ltd116270,986
Bharat Heavy Electricals Ltd402113,446
CG Power & Industrial Solutions Ltd80111,077
Suzlon Energy Ltd10373,898

Key Valuation Metric of Veto Switchgears & Cables Ltd

Earnings

17 Cr

15.9 X

PE Ratio

Market Cap

₹285.77Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Earnings

17 Cr

15.9 X

PE Ratio

Market Cap

₹285.77Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Capital Goods - Electrical Equipment Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of Veto Switchgears & Cables Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Veto Switchgears & Cables Ltd

Period
Mar '19134
Mar '2054
Mar '21222
Mar '22174
Mar '23145

* All values are a in crore

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Historical Revenue of Veto Switchgears & Cables Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Veto Switchgears & Cables Ltd

Period
Jun '2260
Sep '2276
Dec '2274
Mar '2386
Jun '2367
Sep '2372
Dec '2382
Mar '2483

* All values are a in crore

×

Historical EBITDA of Veto Switchgears & Cables Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Veto Switchgears & Cables Ltd

Period
Jun '2210
Sep '2211
Dec '229
Mar '238
Jun '238
Sep '2310
Dec '239
Mar '248

* All values are a in crore

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Historical Net Profit of Veto Switchgears & Cables Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Veto Switchgears & Cables Ltd

Period
Jun '226
Sep '227
Dec '225
Mar '232
Jun '235
Sep '236
Dec '235
Mar '242

* All values are a in crore

×

Historical Dividend Payout of Veto Switchgears & Cables Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Veto Switchgears & Cables Ltd

Period
Mar '190
Mar '200
Mar '2112
Mar '228
Mar '238

* All values are a in %

About Veto Switchgears & Cables Ltd

About Veto Switchgears & Cables Ltd

    Veto Switchgears and Cables Limited was originally incorporated as a Partnership Firm on June 26, 2003 under the name and style 'Veto Industries'. On April 1, 2007 the name of the Firm was changed to 'Veto Switchgears and Cables'. Subsequently, on June 20, 2007, the Partnership Firm was converted in to the Private Limited Company under the name and style 'Veto Switchgears and Cables Private Limited'. The Company name was further changed to the present name 'Veto Switchgears and Cables Limited' on August 3, 2012. Veto is the first company to produce ISI mark electrical accessories in India. Its manufacturing plants in India are located at Haridwar and Mumbai which are continuously manufacturing all the products with excellence and precision in the electrical industry. Veto Switchgears is part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. The Company has been promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited. It is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables along with other electrical accessories in India. It's product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. It supply these products under the brands 'VETO' and 'VIMAL POWER' through large network of dealers to the customers in India as well as selected customers abroad. The Company's journey began with a small electrical retail shop in Jaipur to evolve into one of India's largest cable and wire and fast moving consumer electrical company under the leadership of Gurnanis family. The Company came up with an IPO on December 13, 2012 and got listed on National Stock Exchange of India Limited (NSE) through SME Platform. It moved to the Main Boards of NSE in 2015. Further, it listed equity shares on Bombay Stock Exchange in year 2015. Another Wholly Owned Subsidiary Company in India in the name of Veto Electricals Private Limited taken over in 2014-15 which has its own manufacturing plant (100% Export Unit) at Light Engineering Zone, Mahindra SEZ, Jaipur. Its commercial production started from July, 2017 onwards. The Company registered a wholly owned subsidiary company in Dubai by the name of VETO Overseas Private F.Z.E in October 2015. The Company launched LED panel Lights, LED Flood Light, Slim Panel Light, LED Flood Light under the brand name 'Vyoma' in 2016-17. It further launched its new Product range 'VYOMA' for Modular Switches in May 2018 at Jaipur, Rajasthan. It opened new plants at Indore, Allahabad and Bhatinda in 2018. Further, the Company also acquired 95.5% stake in M/s Vankon Modular Private Limited in February 2021-22.

Veto Switchgears & Cables Ltd News Hub

News

Board of Veto Switchgears & Cables recommends final dividend

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

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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 ...

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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 ...

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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 ...

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02 Nov 202316:58

News

Veto Switchgears & Cables to convene AGM

Veto Switchgears & Cables announced that the 16th Annual General Meeting (AGM) of the comp...

Read more

28 Aug 202314:05

News

Veto Switchgears & Cables to hold board meeting

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

Read more

09 Aug 202311:12

Product Composition by Percentage (Revenue)

FAQs for PE of Veto Switchgears & Cables Ltd

What is Veto Switchgears & Cables Ltd current share price?

The current market price of Veto Switchgears & Cables Ltd as of July 15, 2024 is ₹150.30.

What is Veto Switchgears & Cables Ltd's market cap?

Veto Switchgears & Cables Ltd's market capitalisation stood at ₹285 Cr as of July 15, 2024

What are Veto Switchgears & Cables Ltd's total net assets?

According to Veto Switchgears & Cables Ltd's most recent financial filings, the company's net assets total ₹271.5 Cr.

Is Veto Switchgears & Cables Ltd making a profit or loss?

Veto Switchgears & Cables Ltd's net Profit as of July 15, 2024 is close to ₹17 Cr.
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