VETO SWITCHGEARS AND CABLES
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The Current P/S Ratio of VETO SWITCHGEARS AND CABLES is 0.70.
| Share Price | ₹116.6 | Dec 24,2025 |
| Market Cap | ₹222.7 Cr | |
| Sales-TTM | ₹318.5 Cr | TTM-Consolidated Results |
| Price/Sales | 0.70x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of VETO SWITCHGEARS AND CABLES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹222.7 Cr] as on Dec 24,2025
(/) Sales [ ₹318.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.70x ]
Thus, for VETO SWITCHGEARS AND CABLES , the investors are currently willing to pay '0.70 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of VETO SWITCHGEARS AND CABLES !
The chart below summarizes the trend in P/S Ratio of VETO SWITCHGEARS AND CABLES over the last five years.
Historical PS (Price/Sales) ratio chart of VETO SWITCHGEARS AND CABLES
PS Ratio Performance Analysis for VETO SWITCHGEARS AND CABLES
- VETO SWITCHGEARS AND CABLES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.76x.
- VETO SWITCHGEARS AND CABLES 's operated at median p/e ratio of 0.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VETO SWITCHGEARS AND CABLES 's p/e ratio peaked in Mar2021 at 1.22x.
- VETO SWITCHGEARS AND CABLES 's p/e ratio hit its five-year low in Mar2023 of 0.5x.
How does VETO SWITCHGEARS AND CABLES 's P/S Ratio benchmark against top 10 peers in Electric Equipment Industry?
| Peer Comparison (Electric Equipment Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| VETO SWITCHGEARS AND CABLES | 318.5 | 0.70 | 222.7 |
| SIEMENS LTD | 17,364.2 | 6.35 | 110,264.0 |
| ABB INDIA LTD | 13,010.7 | 8.49 | 110,428.0 |
| HAVELLS INDIA LTD | 21,667.2 | 4.12 | 89,371.5 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 11,069.3 | 9.40 | 104,067.0 |
| SUZLON ENERGY LTD | 13,767.3 | 5.31 | 73,100.4 |
| WAAREE ENERGIES LTD | 17,952.7 | 4.93 | 88,569.0 |
| HITACHI ENERGY INDIA LTD | 6,815.4 | 12.06 | 82,226.4 |
| GE VERNOVA T&D INDIA LTD | 5,094.8 | 15.90 | 80,985.0 |
| APAR INDUSTRIES LTD | 20,745.8 | 1.68 | 34,861.3 |
| INOX WIND LTD | 4,131.5 | 5.30 | 21,896.8 |
Electric Equipment Industry Benchmark (Top 10) PS Analysis vs VETO SWITCHGEARS AND CABLES 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.70x |
| Max industry PS | 15.90x |
| Median industry PS | 5.31x |
| Average industry PS | 6.75x |
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