VETO SWITCHGEARS AND CABLES
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The Current P/S Ratio of VETO SWITCHGEARS AND CABLES is 0.72.
Share Price | ₹110.3 | Apr 29,2025 |
Market Cap | ₹210.7 Cr | |
Sales-TTM | ₹290.6 Cr | TTM-Consolidated Results |
Price/Sales | 0.72x | Calculated as Market Cap/Sales |
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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 [ ₹210.7 Cr] as on Apr 29,2025
(/) Sales [ ₹290.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.72x ]
Thus, for VETO SWITCHGEARS AND CABLES , the investors are currently willing to pay '0.72 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 Mar2024 to Mar2020 averaged 0.70x.
- 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 Mar2020 of 0.36x.
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 | 290.6 | 0.72 | 210.7 |
SIEMENS LTD | 21,001.7 | 4.97 | 104,445.0 |
ABB INDIA LTD | 12,188.3 | 9.71 | 118,340.0 |
HAVELLS INDIA LTD | 21,778.1 | 4.67 | 101,743.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 9,347.6 | 10.44 | 97,573.4 |
SUZLON ENERGY LTD | 9,296.0 | 8.46 | 78,685.5 |
WAAREE ENERGIES LTD | 13,971.4 | 5.48 | 76,622.7 |
HITACHI ENERGY INDIA LTD | 6,196.5 | 10.28 | 63,697.2 |
GE VERNOVA T&D INDIA LTD | 4,053.4 | 9.84 | 39,869.0 |
APAR INDUSTRIES LTD | 17,826.6 | 1.26 | 22,497.7 |
INOX WIND LTD | 2,810.1 | 8.10 | 22,757.7 |
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 | 0.72x |
Max industry PS | 10.44x |
Median industry PS | 8.10x |
Average industry PS | 6.72x |
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