Veto Switchgear Cable P/B Ratio

Current P/B Ratio
0.91
Low Valuation
Low - Trading below book value, may indicate undervaluation

Veto Switchgear Cable P/B ratio. Veto Switchgear Cable (VETO) P/B ratio is 0.91 (Low), book value per share ₹152.63 vs Consumer Goods average P/B of -2.53 — Low - Trading below book value, may indicate undervaluation. Analyse VETO promoter holding to track promoter, FII and institutional holdings.

Current Valuation Metrics

P/B Ratio 0.91
Current Price ₹136.65
Book Value/Share ₹152.63
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹290 Cr
Share Capital ₹19 Cr
Reserves & Surplus ₹271 Cr
Outstanding Shares 19,000,000
Book Value per Share ₹152.63

Valuation Signal

Signal Undervalued
Historical Avg 0.93
Historical Range 0.82 - 1.0
Percentile 40.0%

Sector Context

Sector Average -2.53
Sector Median 0.11
Sector Rank #11 of 50
Sector Percentile 22.0%

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 0.91 (Low). For live price, earnings yield and the full fundamental profile, see Veto Switchgear Cable share price today.

  • Stock appears undervalued with PB of 0.91, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Trading at premium to sector average PB of -2.53

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. View VETO yearly price range for the annual high/low range and current price position.

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 ₹136.65 ₹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 0.91 vs Consumer Goods average -2.53, median 0.11 — range -45.28–0.38.

Sector Average
-2.53
Sector Median
0.11
Lowest P/B
-45.28
Highest P/B
0.38
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 -15.52 ₹38 Low
Ceenik Exports CEENIK -7.65 ₹85 Low
Golden Carpets GOLCA -4.11 ₹8 Low
Cityman CITYMAN -2.52 ₹17 Low
Restile Ceramics RESTILE -2.49 ₹74 Low
Sharp SHARP -2.08 ₹296 Low
Atlas Cycle (Haryana) ATLASCYCLE -1.92 ₹60 Low
Karan Woo-Sin KARANWO -1.88 ₹6 Low