Veto Switchgears and Cables Limited

Veto Switchgears and Cables Limited - PE Ratioverified

VETO.BO

Price:

$126

Market Cap:

$2.39B

Established in 1967 in Jaipur, India, Veto Switchgears and Cables Limited, along with its affiliated companies, operates as a prominent manufacturer and global distributor of a wide array of electrical goods. The company's operations are divided into three main segments: Wires & Cables, Lighting & Fittings, and various Accessories. Its comprehensive product portfolio features an extensive selection of multi-strand and flexible cables; diverse fan models including ceiling, wall, pedestal, and table fans; and a complete range of lighting solutions such as slim LED panels, concealed, deep, spot, flood, and street lights, as well as strip lights, rope lights, LED bulbs, tube lights, wall lights,...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2015-09-09

Stock Exchange

BSE

Ticker

VETO.BO

The PE Ratio as of July 2026 (TTM) for Veto Switchgears and Cables Limited (VETO.BO) is 9.68

According to Veto Switchgears and Cables Limited’s latest financial reports and current stock price. The company's current PE Ratio is 9.68. This represents a change of -3.70% compared to the average of 10.05 of the last 4 quarters.

Veto Switchgears and Cables Limited (VETO.BO) Historical PE Ratio (quarterly & annually)

How has VETO.BO PE Ratio performed in the past?

The mean historical PE Ratio of Veto Switchgears and Cables Limited over the last ten years is 10.48. The current 9.68 PE Ratio has changed 9.13% with respect to the historical average. Over the past ten years (40 quarters), VETO.BO's PE Ratio was at its highest in in the March 2019 quarter at 30.06. The PE Ratio was at its lowest in in the June 2016 quarter at 1.46.

Quarterly (TTM)
Annual

Average

10.48

Median

10.60

Minimum

5.90

Maximum

15.06

Veto Switchgears and Cables Limited (VETO.BO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Veto Switchgears and Cables Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 154.06%

Maximum Annual PE Ratio = 15.06

Minimum Annual Increase = -48.47%

Minimum Annual PE Ratio = 5.90

Quarterly (TTM)
Annual
YearPE RatioChange
20266.42-34.20%
20259.75-28.63%
202413.6792.49%
20237.10-18.30%
20228.69-42.03%
202114.99154.06%
20205.90-48.47%
201911.45-2.88%
201811.79-21.69%
201715.0616.88%

Veto Switchgears and Cables Limited (VETO.BO) Average PE Ratio

How has VETO.BO PE Ratio performed in the past?

The current PE Ratio of Veto Switchgears and Cables Limited (VETO.BO) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

9.95

5-year avg

9.13

10-year avg

10.48

Veto Switchgears and Cables Limited (VETO.BO) PE Ratio vs. Peers

How is VETO.BO’s PE Ratio compared to its peers?

Veto Switchgears and Cables Limited’s PE Ratio is less than Panasonic Carbon India Co. Limited (10.64), less than Cords Cable Industries Limited (13.00), less than Cords Cable Industries Limited (13.00), less than Plaza Wires Limited (26.87), less than Plaza Wires Limited (26.87), greater than Geekay Wires Limited (7.08), less than Lakshmi Electrical Control Systems Limited (176.35), less than ABans Enterprises Limited (51.75), less than Aplab Limited (81.16), greater than SAB Industries Limited (-155.47),

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