Veto Switchgears And Cables (BOM:539331) E10: ₹12.79 (As of Mar. 2026)


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
79 GF Score
Price ₹123.65
GF Value ₹159.90
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables E10?

Veto Switchgears And Cables BOM:539331 -1.16% 79 E10 is ₹12.79 as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 79/100 and a GF Value™ of ₹159.90 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Veto Switchgears And Cables's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.594. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹12.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Veto Switchgears And Cables's average E10 Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-30), Veto Switchgears And Cables's current stock price is ₹123.65. Veto Switchgears And Cables's E10 for the quarter that ended in Mar. 2026 was ₹12.79. Veto Switchgears And Cables's Shiller PE Ratio of today is 9.67.

During the past 13 years, the highest Shiller PE Ratio of Veto Switchgears And Cables was 11.39. The lowest was 7.21. And the median was 9.16.


Veto Switchgears And Cables  (BOM:539331) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Veto Switchgears And Cables's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=123.65/12.79
=9.67

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Veto Switchgears And Cables was 11.39. The lowest was 7.21. And the median was 9.16.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Veto Switchgears And Cables E10 Related Terms


Veto Switchgears And Cables E10 Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables's E10 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 E10 Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 12.15 12.79

Veto Switchgears And Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 12.15 12.20 12.45 12.51 12.79

BOM:539331 vs VRT, BE: E10 Comparison

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

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

* The bar in red indicates where Veto Switchgears And Cables's Shiller PE Ratio falls into.


BOM:539331
79GF Score
Veto Switchgears And Cables Ltd BOM:539331
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veto Switchgears And Cables E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Veto Switchgears And Cables's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.594/164.2724*164.2724
=4.594

Current CPI (Mar. 2026) = 164.2724.

Veto Switchgears And Cables Quarterly Data

per share eps CPI Adj_EPS
201606 2.310 105.961 3.581
201609 2.750 105.961 4.263
201612 3.560 105.196 5.559
201703 3.120 105.196 4.872
201706 3.230 107.109 4.954
201709 4.120 109.021 6.208
201712 4.090 109.404 6.141
201803 3.770 109.786 5.641
201806 4.110 111.317 6.065
201809 1.420 115.142 2.026
201812 0.700 115.142 0.999
201903 0.580 118.202 0.806
201906 0.860 120.880 1.169
201909 1.210 123.175 1.614
201912 1.890 126.235 2.459
202003 0.900 124.705 1.186
202006 1.180 127.000 1.526
202009 1.055 130.118 1.332
202012 3.120 130.889 3.916
202103 2.380 131.771 2.967
202106 1.340 134.084 1.642
202109 2.390 135.847 2.890
202112 4.260 138.161 5.065
202203 2.482 138.822 2.937
202206 3.363 142.347 3.881
202209 3.690 144.661 4.190
202212 2.447 145.763 2.758
202303 1.142 146.865 1.277
202306 2.560 150.280 2.798
202309 3.160 151.492 3.427
202312 2.560 152.924 2.750
202403 1.112 153.035 1.194
202406 2.550 155.789 2.689
202409 3.093 157.882 3.218
202412 1.960 158.323 2.034
202503 3.943 157.552 4.111
202506 1.800 159.755 1.851
202509 3.180 162.289 3.219
202512 3.450 163.281 3.471
202603 4.594 164.272 4.594

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹12.79 mean?
Veto Switchgears And Cables (BOM:539331) has a E10 of ₹12.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Veto Switchgears And Cables and its competitors.
Is Veto Switchgears And Cables' E10 too high?
Veto Switchgears And Cables' current E10 is ₹12.79. 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' E10 compare to VRT and BE?
Veto Switchgears And Cables' E10 of ₹12.79 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Industrial Products company?
A good E10 depends on the Industrial Products industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Veto Switchgears And Cables and its competitors. Veto Switchgears And Cables's current E10 is ₹12.79. 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 ₹159.90, compared to a current price of ₹123.65 — trading 22.7% below its estimated fair value. The current E10 is ₹12.79. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current E10 is ₹12.79 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 ₹123.65 is trading 22.7% below its estimated GF Value™ of ₹159.90. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • E10: ₹12.79
  • GF Value™: ₹159.90 vs. price of ₹123.65 (22.7% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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.
79GF Score

Get the complete analysis for BOM:539331

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹123.65
Price
₹159.90
GF Value