Veto Switchgear Cable P/B Ratio

VETO • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.78
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.78
Current Price ₹106.95
Book Value/Share ₹140.53
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹267 Cr
Share Capital ₹19 Cr
Reserves & Surplus ₹247 Cr
Outstanding Shares 19,000,000
Book Value per Share ₹140.53

Valuation Signal

Signal Undervalued
Historical Avg 0.95
Historical Range 0.82 - 1.01
Percentile 0.0%

Sector Context

Sector Average -3.0
Sector Median -0.17
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Veto Switchgear Cable

  • Stock appears undervalued with PB of 0.78, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Trading at premium to sector average PB of -3.0

View the current stock price of Veto Switchgear Cable for more insights.

P/B Ratio Historical Trend for Veto Switchgear Cable

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.82 ₹140.53 ₹114.70 ₹267 Low
2024 1.0 ₹130.0 ₹130.05 ₹247 Moderate
2023 0.93 ₹123.16 ₹115.05 ₹234 Low
2022 0.98 ₹112.11 ₹110.15 ₹213 Low
2021 1.01 ₹102.11 ₹103.25 ₹194 Moderate

Sector P/B Ratio Comparison

Comparing Veto Switchgear Cable with other companies in Consumer Goods sector
Sector Average
-3.0
Sector Median
-0.17
Lowest P/B
-45.28
Highest P/B
0.43
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rahul Merchandising TACENT -45.28 ₹13 Low
Oswal Overseas OSWALOR -38.1 ₹181 Low
Sarup Industries SARUPINDUS -17.66 ₹49 Low
Ceenik Exports CEENIK -16.63 ₹127 Low
Olympic Cards OLPCL -7.47 ₹5 Low
NB Footwear NBFOOT -3.97 ₹10 Low
Karan Woo-Sin KARANWO -3.87 ₹10 Low
Golden Carpets GOLCA -3.0 ₹6 Low
McLeod Russel MCLEODRUSS -2.78 ₹488 Low
Restile Ceramics RESTILE -2.2 ₹66 Low