VETO.BO
Price:
$110.9
Market Cap:
$2.17B
Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers electrical accessories, including vyoma and power modular switches; and MCBs, circuit breakers, distribution panel, isolator, AC box, and bells and extension cords. It also provides wires and cables, such as multi strand and flexible cables; ceiling, wall, pedesital and table fans; and slim LED panels, concealed light, deep light, spot light, flood light, street light, strip light, rope light, LED bulb...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2015-09-09
Stock Exchange
BSE
Ticker
VETO.BO
According to Veto Switchgears and Cables Limited’s latest financial reports and current stock price. The company's current ROE is 7.96%. This represents a change of 300.19% compared to the average of 1.99% of the last 4 quarters.
The mean historical ROE of Veto Switchgears and Cables Limited over the last ten years is 10.72%. The current 7.96% ROE has changed -25.75% with respect to the historical average. Over the past ten years (40 quarters), VETO.BO's ROE was at its highest in in the June 2016 quarter at 53.39%. The ROE was at its lowest in in the September 2015 quarter at 0%.
Average
10.72%
Median
8.50%
Minimum
5.22%
Maximum
19.52%
Discovering the peaks and valleys of Veto Switchgears and Cables Limited ROE, 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 = 64.61%
Maximum Annual ROE = 19.52%
Minimum Annual Increase = -64.56%
Minimum Annual ROE = 5.22%
| Year | ROE | Change |
|---|---|---|
| 2025 | 8.31% | 13.94% |
| 2024 | 7.29% | -16.15% |
| 2023 | 8.69% | -7.65% |
| 2022 | 9.41% | 23.31% |
| 2021 | 7.63% | 46.24% |
| 2020 | 5.22% | -24.53% |
| 2019 | 6.92% | -64.56% |
| 2018 | 19.52% | 8.06% |
| 2017 | 18.06% | 11.58% |
| 2016 | 16.19% | 64.61% |
The current ROE of Veto Switchgears and Cables Limited (VETO.BO) 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
8.10%
5-year avg
8.27%
10-year avg
10.72%
Veto Switchgears and Cables Limited’s ROE is less than Panasonic Carbon India Co. Limited (12.66%), less than Cords Cable Industries Limited (8.77%), less than Cords Cable Industries Limited (8.77%), less than Plaza Wires Limited (2.70%), less than Plaza Wires Limited (2.70%), less than Geekay Wires Limited (23.78%), less than Lakshmi Electrical Control Systems Limited (1.36%), less than ABans Enterprises Limited (9.11%), less than Aplab Limited (8.52%), less than SAB Industries Limited (7.05%),
| Company | ROE | Market cap |
|---|---|---|
| 12.66% | $2.36B | |
| 8.77% | $2.46B | |
| 8.77% | $2.49B | |
| 2.70% | $1.79B | |
| 2.70% | $1.82B | |
| 23.78% | $3.48B | |
| 1.36% | $1.77B | |
| 9.11% | $2.19B | |
| 8.52% | $1.88B | |
| 7.05% | $1.87B |
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