Veto Switchgears And Cables (BOM:539331) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
78 GF Score
Price ₹143.45
GF Value ₹167.37
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Veto Switchgears And Cables Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Veto Switchgears And Cables  (BOM:539331) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Veto Switchgears And Cables Cyclically Adjusted PS Ratio Related Terms


Veto Switchgears And Cables Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's Cyclically Adjusted PS Ratio can be seen below:

* 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 Cyclically Adjusted PS Ratio Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.58 0.86 0.66 0.51

Veto Switchgears And Cables Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.75 0.70 0.51 0.74

BOM:539331 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's Cyclically Adjusted PS Ratio falls into.


BOM:539331
78GF Score
Veto Switchgears And Cables Ltd BOM:539331
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Veto Switchgears And Cables's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Veto Switchgears And Cables's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=46.746/167.3573*167.3573
=46.746

Current CPI (Jun. 2026) = 167.3573.

Veto Switchgears And Cables Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 31.187 105.961 49.257
201612 30.167 105.196 47.993
201703 36.591 105.196 58.213
201706 26.298 107.109 41.091
201709 34.732 109.021 53.317
201712 36.809 109.404 56.307
201803 37.352 109.786 56.939
201806 30.200 111.317 45.404
201809 30.192 115.142 43.884
201812 29.455 115.142 42.812
201903 24.549 118.202 34.758
201906 18.634 120.880 25.799
201909 19.364 123.175 26.310
201912 20.251 126.235 26.848
202003 20.337 124.705 27.293
202006 12.060 127.000 15.892
202009 22.059 130.118 28.372
202012 26.783 130.889 34.245
202103 33.909 131.771 43.067
202106 22.000 134.084 27.459
202109 39.446 135.847 48.596
202112 37.361 138.161 45.256
202203 41.309 138.822 49.800
202206 31.308 142.347 36.809
202209 39.472 144.661 45.665
202212 37.495 145.763 43.050
202303 44.018 146.865 50.160
202306 35.032 150.280 39.013
202309 37.481 151.492 41.406
202312 42.924 152.924 46.975
202403 41.558 153.035 45.447
202406 32.022 155.789 34.400
202409 38.859 157.882 41.191
202412 39.608 158.323 41.868
202503 46.654 157.552 49.558
202506 33.937 159.755 35.552
202509 46.438 162.289 47.888
202512 49.292 163.281 50.523
202603 72.643 164.272 74.007
202606 46.746 167.357 46.746

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

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 ₹143.45 is trading 14.3% below its estimated GF Value™ of ₹167.37. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹167.37 vs. price of ₹143.45 (14.3% below fair value)
  • GF Score™: 78/100 with 1 warning sign

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 Business Description

Other Exchanges VETO:India
Address Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018
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.
78GF Score

Get the complete analysis for BOM:539331

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹143.45
Price
₹167.37
GF Value