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Veto Switchgears And Cables (NSE:VETO) Market Cap : ₹2,372 Mil (As of Jun. 14, 2024)


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What is Veto Switchgears And Cables Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Veto Switchgears And Cables's share price for the quarter that ended in Mar. 2024 was ₹122.85. Veto Switchgears And Cables's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 19 Mil. Therefore, Veto Switchgears And Cables's market cap for the quarter that ended in Mar. 2024 was ₹2,348 Mil.

Veto Switchgears And Cables's quarterly market cap declined from Sep. 2023 (₹2,444 Mil) to Dec. 2023 (₹2,199 Mil) but then increased from Dec. 2023 (₹2,199 Mil) to Mar. 2024 (₹2,348 Mil).

Veto Switchgears And Cables's annual market cap declined from Mar. 2022 (₹1,739 Mil) to Mar. 2023 (₹1,437 Mil) but then increased from Mar. 2023 (₹1,437 Mil) to Mar. 2024 (₹2,348 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Veto Switchgears And Cables's Enterprise Value for Today is ₹2,476 Mil.


Veto Switchgears And Cables Market Cap Historical Data

The historical data trend for Veto Switchgears And Cables's Market Cap 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.

* Premium members only.

Veto Switchgears And Cables Market Cap Chart

Veto Switchgears And Cables Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 550.51 2,218.30 1,739.47 1,437.45 2,348.28

Veto Switchgears And Cables Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 1,437.45 1,926.79 2,443.85 2,199.18 2,348.28

Competitive Comparison of Veto Switchgears And Cables's Market Cap

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Industrial Products Industry

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

* The bar in red indicates where Veto Switchgears And Cables's Market Cap falls into.



Veto Switchgears And Cables Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Veto Switchgears And Cables's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹122.85*19.115
=₹2,348

Veto Switchgears And Cables's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹122.85*19.115
=₹2,348

* 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  (NSE:VETO) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Veto Switchgears And Cables Market Cap Related Terms

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Veto Switchgears And Cables (NSE:VETO) Business Description

Traded in Other Exchanges
Address
Tonk Road, Behind Hotel Radisson Blu, 4th Floor, Plot No. 10, Days Hotel, Durgapura, Jaipur, RJ, IND, 302018
Veto Switchgears And Cables Ltd is engaged in the manufacturing of 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, and Distribution boards. The company's segment includes Wire and Cables; Lighting and Fittings and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.

Veto Switchgears And Cables (NSE:VETO) Headlines

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