VETO SWITCHGEARS AND CABLES
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The Current P/S Ratio of VETO SWITCHGEARS AND CABLES is 0.76.
| Share Price | ₹121.0 | Oct 28,2025 |
| Market Cap | ₹231.0 Cr | |
| Sales-TTM | ₹304.0 Cr | TTM-Consolidated Results |
| Price/Sales | 0.76x | 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 [ ₹231.0 Cr] as on Oct 28,2025
(/) Sales [ ₹304.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.76x ]
Thus, for VETO SWITCHGEARS AND CABLES , the investors are currently willing to pay '0.76 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 | 304.0 | 0.76 | 231.0 |
| SIEMENS LTD | 18,654.1 | 5.94 | 110,807.0 |
| ABB INDIA LTD | 12,612.1 | 8.70 | 109,692.0 |
| HAVELLS INDIA LTD | 21,667.2 | 4.29 | 92,868.5 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 10,559.2 | 10.78 | 113,784.0 |
| SUZLON ENERGY LTD | 11,999.9 | 6.43 | 77,104.0 |
| WAAREE ENERGIES LTD | 17,952.7 | 5.59 | 100,388.0 |
| HITACHI ENERGY INDIA LTD | 6,536.6 | 11.57 | 75,649.5 |
| GE VERNOVA T&D INDIA LTD | 4,664.1 | 16.29 | 75,961.3 |
| APAR INDUSTRIES LTD | 19,674.8 | 1.86 | 36,550.6 |
| INOX WIND LTD | 3,744.6 | 7.08 | 26,502.5 |
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 | 0.76x |
| Max industry PS | 16.29x |
| Median industry PS | 6.43x |
| Average industry PS | 7.21x |
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