VETOConsumer Electronics
Veto Switchgears and Cables Ltd — PE Ratio & Valuation Analysis
₹84.40
-3.13%
Current P/E10.06xPrice to earnings
Industry P/E26.52xSector average
4Y Avg P/E11.3x10.8% below avg
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62.1% Discount to Industry
VETO P/E 10.06x vs sector avg 26.52x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹11.58 | ₹115 | 9.9x |
| 2024 | ₹9.39 | ₹130 | 13.8x |
| 2023 | ₹10.59 | ₹115 | 10.9x |
| 2022 | ₹10.47 | ₹110 | 10.5x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Veto Switchgears and Cables Ltd Valuation
Veto Switchgears and Cables Ltd (VETO) currently trades at 10.06x earnings. The Consumer Electronics sector average PE is 26.52x. VETO is trading at a discount to peers — may indicate relative value. Historically, VETO has traded at an average PE of 11.3x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
8.62%
Dividend Yield
0.90%
More on Veto Switchgears and Cables Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.