VETO Switch Gears And Cables Ltd banner

VETO Switch Gears And Cables Ltd
NSE:VETO

Watchlist Manager
VETO Switch Gears And Cables Ltd Logo
VETO Switch Gears And Cables Ltd
NSE:VETO
Watchlist
Price: 108.37 INR -1.62%
Market Cap: ₹2.1B

P/S

0.6
Current
12%
Cheaper
vs 3-y average of 0.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
₹1.9B
/
Revenue
₹3.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
₹1.9B
/
Revenue
₹3.4B

Valuation Scenarios

VETO Switch Gears And Cables Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (0.7), the stock would be worth ₹122.73 (13% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+471%
Average Upside
207%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.6 ₹108.37
0%
3-Year Average 0.7 ₹122.73
+13%
5-Year Average 0.7 ₹127.72
+18%
Industry Average 3.5 ₹618.74
+471%
Country Average 2.6 ₹461.27
+326%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
IN
VETO Switch Gears And Cables Ltd
NSE:VETO
2.1B INR 0.6 8.7
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 4.3 25.8
FR
Schneider Electric SE
PAR:SU
151B EUR 3.8 36.3
CH
Abb Ltd
SIX:ABBN
139.2B CHF 5.3 36.6
IE
Eaton Corporation PLC
NYSE:ETN
168B USD 6.1 41.1
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 11.6 80.9
US
Emerson Electric Co
NYSE:EMR
78.9B USD 4.3 34.2
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 4.6 -100.4
JP
Fujikura Ltd
TSE:5803
9.9T JPY 8.8 68.7
US
AMETEK Inc
NYSE:AME
53.9B USD 7.3 36.4
FR
Legrand SA
PAR:LR
39.7B EUR 4.2 31.9

Market Distribution

Lower than 91% of companies in India
Percentile
9th
Based on 2 983 companies
9th percentile
0.6
Low
0 — 1.5
Typical Range
1.5 — 4.6
High
4.6 —
Distribution Statistics
India
Min 0
30th Percentile 1.5
Median 2.6
70th Percentile 4.6
Max 56 363.4

VETO Switch Gears And Cables Ltd
Glance View

Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2012-12-12. The firm's segments include Wire and Cables, Lighting & Fittings and Accessories & Others. The firm's product portfolio ranges from industrial cables, stand cables to telephone and co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps (CFLs), light emitting diode (LED) bulbs and other electrical accessories. The company is engaged in dealing in electrical accessories, such as switch socket, miniature circuit breaker (MCB), bell and various electrical accessories. The firm's products are supplied under the brand names VETO and VIMAL POWER through a network of dealers to the customers in India, as well as selected customers abroad. Its manufacturing unit is located in Haridwar.

VETO Intrinsic Value
182.83 INR
Undervaluation 41%
Intrinsic Value
Price ₹108.37
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett