Veto Switchgears And CablesBOM:539331 -1.50%79 Current Ratio is 3.19 as of Mar. 2026, which is 8% below its 10-year median of 3.45. GuruFocus rates BOM:539331 with a GF Score™ of 79/100 and a GF Value™ of ₹161.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,073 Industrial Products companies, Veto Switchgears And Cables ranks better than 76.73% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Veto Switchgears And Cables's current ratio for the quarter that ended in Mar. 2026 was 3.19.
Veto Switchgears And Cables has a current ratio of 3.19. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Veto Switchgears And Cables's Current Ratio or its related term are showing as below:
BOM:539331'
s Current Ratio Range Over the Past 10 Years
Min: 2.83 Med: 3.45 Max: 4.8
Current: 3.19
During the past 13 years, Veto Switchgears And Cables's highest Current Ratio was 4.80. The lowest was 2.83. And the median was 3.45.
BOM:539331's Current Ratio is ranked better than 76.73% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs BOM:539331: 3.19
Veto Switchgears And Cables (BOM:539331) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Veto Switchgears And Cables Current Ratio Related Terms
Veto Switchgears And Cables Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veto Switchgears And Cables Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Current Ratio distribution charts can be found below:
* The bar in red indicates where Veto Switchgears And Cables's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veto Switchgears And Cables (BOM:539331) has a Current Ratio of 3.19 as of Mar. 2026. This is near median its historical median of 3.45. Over the past decade, Veto Switchgears And Cables' Current Ratio has ranged from 2.83 to 4.80. According to the industry distribution chart, Veto Switchgears And Cables ranks #715 out of 3073 companies in the Industrial Products industry, placing it in the top 23.3%.
Is Veto Switchgears And Cables' Current Ratio too high?
Veto Switchgears And Cables' current Current Ratio of 3.19 is near median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 4.80. The Industrial Products industry median Current Ratio is 1.96. Veto Switchgears And Cables' value of 3.19 is 62.8% above this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #715 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Veto Switchgears And Cables has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #715 out of 3073 companies for Current Ratio. This places Veto Switchgears And Cables in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Veto Switchgears And Cables' value of 3.19 is 62.8% above this benchmark. Historically, Veto Switchgears And Cables' own Current Ratio has ranged from 2.83 to 4.80 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.96, Veto Switchgears And Cables has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veto Switchgears And Cables's current Current Ratio of 3.19 is 62.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Current Ratio is 3.19, which is near median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veto Switchgears And Cables stock overvalued right now?
Based on GuruFocus' analysis, Veto Switchgears And Cables (BOM:539331) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹161.90, compared to a current price of ₹124.95 — trading 22.8% below its estimated fair value. The current Current Ratio is 3.19, which is near median its 10-year median of 3.45 and 62.8% above the Industrial Products industry median of 1.96. Veto Switchgears And Cables' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current Current Ratio is 3.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Veto Switchgears And Cables (BOM:539331) Overvalued in 2026?
Based on GuruFocus' analysis, Veto Switchgears And Cables stock appears to be undervalued.
The current stock price of ₹124.95 is trading 22.8% below its estimated GF Value™ of ₹161.90.
GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.
Key valuation signals for BOM:539331:
Current Ratio: 3.19 (near median its 10-year median of 3.45)
GF Value™: ₹161.90 vs. price of ₹124.95 (22.8% below fair value)
Industry Position: 62.8% above the Industrial Products median (#715 of 3073)
No single metric tells the full story. See the BOM:539331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.
79GF Score
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