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Veto Switchgears & Cables Ltd PE Ratio

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Veto Switchgears & Cables Ltd

NSE: VETO

PE

12.9

Last updated on: Apr 28, 2025

Key Highlights

  • The P/E Ratio of Veto Switchgears & Cables Ltd is 12.9 as of 28 Apr 15:30 PM .
  • The P/E Ratio of Veto Switchgears & Cables Ltd changed from 5.8 on March 2020 to 13.1 on March 2024 . This represents a CAGR of 17.70% over 5 years.
  • The Latest Trading Price of Veto Switchgears & Cables Ltd is ₹ 109.1 as of 28 Apr 15:30 .
  • The PE Ratio of Capital Goods - Electrical Equipment Industry has changed from -11.3 to 72.9 in 5 years. This represents a CAGR of NaN%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods - Electrical Equipment industry is 76.0. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Veto Switchgears & Cables Ltd

No data available

Company Fundamentals for Veto Switchgears & Cables Ltd

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Veto Switchgears & Cables Ltd

NSE: VETO

Share Price

₹ 109.1

-2.80 (-2.50%)

stock direction

Last updated on: Apr 28, 2025

Market Price of Veto Switchgears & Cables Ltd

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
25 Apr 2025111.9
24 Apr 2025114.8
23 Apr 2025108.15
22 Apr 2025109.55
21 Apr 2025108.3
17 Apr 2025109.5
16 Apr 2025109.65
15 Apr 2025108.45
11 Apr 2025106.9
09 Apr 2025107.3

SWOT Analysis Of Veto Switchgears & Cables Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Veto Switchgears & Cables Ltd

Asset Value vs Market Value of Veto Switchgears & Cables Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Veto Switchgears & Cables Ltd213.9
Siemens Ltd100896
CG Power & Industrial Solutions Ltd96762
Suzlon Energy Ltd78914
Bharat Heavy Electricals Ltd77250

PE Ratio of Veto Switchgears & Cables Ltd Explained

213.9

Market cap

16

Earnings

12.9X

PE 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

Historical Market Cap of Veto Switchgears & Cables Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Veto Switchgears & Cables Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Veto Switchgears & Cables Ltd

No data available

* All values are in %

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 & Cables Ltd News Hub

Veto Switchgears & Cables reports consolidated net profit of Rs 4.85 crore in the June 2024 quarter

Net profit of Veto Switchgears & Cables remain constant at Rs 4.85 crore in the quarter ended June 2

Read more

14 Aug 24

Veto Switchgears & Cables to discuss results

Veto Switchgears & Cables will hold a meeting of the Board of Directors of the Company on 13 August

Read more

08 Aug 24

Veto Switchgears & Cables AGM scheduled

Veto Switchgears & Cables announced that the Annual General Meeting (AGM) of the company will be hel

Read more

05 Sept 24

Veto Switchgears & Cables consolidated net profit declines 1.17% in the September 2024 quarter

Net profit of Veto Switchgears & Cables declined 1.17% to Rs 5.91 crore in the quarter ended Septemb

Read more

14 Nov 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Veto Switchgears & Cables Ltd

What is the current PE Ratio of Veto Switchgears & Cables Ltd?

The Current PE Ratio of Veto Switchgears & Cables Ltd is 12.86 as on 28 Apr 2025.

What is the average PE Ratio of the Capital Goods - Electrical Equipment industry?

The average industry PE Ratio of Capital Goods - Electrical Equipment is 76.0 as on 28 Apr 2025.

What was the PE Ratio of Veto Switchgears & Cables Ltd last year?

The PE Ratio of Veto Switchgears & Cables Ltd was 7.15 last year, now the PE ratio is 12.86, showing a year-on-year growth of 79.9%.

What does the PE Ratio of Veto Switchgears & Cables Ltd indicate about its stock?

The PE Ratio of Veto Switchgears & Cables Ltd is 12.86. This ratio indicates that investors are willing to pay 12.86 times the earnings per share for each share of Veto Switchgears & Cables Ltd.

What is the PE Ratio Growth of Veto Switchgears & Cables Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Veto Switchgears & Cables Ltd grew by 79.9% whereas, the EPS ratio grew by -39.1.

How does the PE ratio of Veto Switchgears & Cables Ltd compare to industry peers?

The PE ratio of Veto Switchgears & Cables Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Veto Switchgears & Cables Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Veto Switchgears & Cables Ltd PE Ratio.

What factors influence the PE ratio of Veto Switchgears & Cables Ltd PE Ratio?

The PE ratio of Veto Switchgears & Cables Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Veto Switchgears & Cables Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Veto Switchgears & Cables Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Veto Switchgears & Cables Ltd PE Ratio?

You can check the latest PE ratio of Veto Switchgears & Cables Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Veto Switchgears & Cables Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Veto Switchgears & Cables Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Veto Switchgears & Cables Ltd PE Ratio predict future stock performance?

While the Veto Switchgears & Cables Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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