Veto Switchgears and Cables Limited

Veto Switchgears and Cables Limitedverified

VETO.NS

Price:

$111.27

Market Cap:

$2.13B

Veto Switchgears and Cables Limited, together with its subsidiaries, manufactures and sells wires and cables, and electrical accessories in India and internationally. The company operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. It provides electrical accessories, including vyoma, carino, and power modular switches, as well as PUF and ZAC switches; and MCBs/isolators/distribution boxes, and bells and extension cords. The company also offers wires and cables, such as multi strand, L.T. industrial, and copper flexible cables; ceiling, ventilation, and fresh air fans, as well as submersible pumps; and LED panels, street lights, flood lights, concealed lig...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2015-04-29

Stock Exchange

NSE

Ticker

VETO.NS

The PE Ratio as of December 2025 (TTM) for Veto Switchgears and Cables Limited (VETO.NS) is 10.08

According to Veto Switchgears and Cables Limited’s latest financial reports and current stock price. The company's current PE Ratio is 10.08. This represents a change of -25.74% compared to the average of 13.57 of the last 4 quarters.

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

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

The mean historical PE Ratio of Veto Switchgears and Cables Limited over the last ten years is 11.17. The current 10.08 PE Ratio has changed 8.93% with respect to the historical average. Over the past ten years (40 quarters), VETO.NS's PE Ratio was at its highest in in the March 2019 quarter at 29.95. The PE Ratio was at its lowest in in the September 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

11.17

Median

11.62

Minimum

5.90

Maximum

15.14

Veto Switchgears and Cables Limited (VETO.NS) 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 = 154.25%

Maximum Annual PE Ratio = 15.14

Minimum Annual Increase = -48.51%

Minimum Annual PE Ratio = 5.90

Quarterly (TTM)
Annual
YearPE RatioChange
202510.06-26.39%
202413.6792.50%
20237.10-18.30%
20228.69-42.04%
202114.99154.25%
20205.90-48.51%
201911.45-2.90%
201811.79-22.10%
201715.1417.57%
201612.88-35.68%

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

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

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

3-year avg

10.28

5-year avg

10.90

10-year avg

11.17

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

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

Veto Switchgears and Cables Limited’s PE Ratio is less than Panasonic Carbon India Co. Limited (11.17), less than Cords Cable Industries Limited (15.80), less than Cords Cable Industries Limited (15.80), less than Plaza Wires Limited (53.54), less than Plaza Wires Limited (53.54), less than Geekay Wires Limited (10.26), less than Lakshmi Electrical Control Systems Limited (45.63), less than ABans Enterprises Limited (11.67), greater than SAB Industries Limited (6.87), less than Aplab Limited (107.61),

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