Veto Switchgear Cable P/B Ratio
Veto Switchgear Cable (VETO) P/B ratio is 0.79 (Low), book value per share ₹152.63 vs Consumer Goods average P/B of -2.57 — Low - Trading below book value, may indicate undervaluation. For live price, earnings yield and the full fundamental profile, see Veto Switchgear Cable share price today.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
VETO P/B Ratio — Valuation Insights & Book Value Analysis
Veto Switchgear Cable price-to-book ratio interpretation, valuation status and historical context — current P/B 0.79 (Low).
- Stock appears undervalued with PB of 0.79, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Trading at premium to sector average PB of -2.57
Veto Switchgear Cable P/B Ratio Historical Trend
VETO annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Also explore Veto Switchgear Cable share price performance to track price trends across different timeframes.
VETO Historical P/B Ratio — Book Value Per Share & Year-End Price
Veto Switchgear Cable annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.9 | ₹152.63 | ₹137.75 | ₹290 | Low |
| 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 |
VETO vs Consumer Goods Peers — P/B Ratio Comparison
Veto Switchgear Cable P/B 0.79 vs Consumer Goods average -2.57, median 0.13 — range -45.28–0.41.
| 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 | -15.54 | ₹39 | Low |
| Ceenik Exports | CEENIK | -10.7 | ₹94 | Low |
| Golden Carpets | GOLCA | -4.11 | ₹8 | Low |
| NB Footwear | NBFOOT | -3.1 | ₹8 | Low |
| Cityman | CITYMAN | -2.47 | ₹17 | Low |
| Sharp | SHARP | -2.08 | ₹296 | Low |
| Atlas Cycle (Haryana) | ATLASCYCLE | -2.02 | ₹63 | Low |
| Karan Woo-Sin | KARANWO | -2.01 | ₹6 | Low |