Veto Switchgears And Cables (BOM:539331) PEG Ratio: 1.58 (As of Jul. 11, 2026) — 45% Above Median


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
77 GF Score
Price ₹125.85
GF Value ₹162.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables PEG Ratio?

Veto Switchgears And Cables BOM:539331 +3.50% 77 PEG Ratio is 1.58 as of Jul. 11, 2026, which is 45% above its 10-year median of 1.09. GuruFocus rates BOM:539331 with a GF Score™ of 77/100 and a GF Value™ of ₹162.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,278 Industrial Products companies, Veto Switchgears And Cables ranks better than 56.96% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Veto Switchgears And Cables's PE Ratio without NRI is 9.66. Veto Switchgears And Cables's 5-Year EBITDA growth rate is 6.10%. Therefore, Veto Switchgears And Cables's PEG Ratio for today is 1.58.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Veto Switchgears And Cables's PEG Ratio or its related term are showing as below:

BOM:539331' s PEG Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.09   Max: 19.7
Current: 1.59


During the past 13 years, Veto Switchgears And Cables's highest PEG Ratio was 19.70. The lowest was 0.63. And the median was 1.09.


BOM:539331's PEG Ratio is ranked better than
56.96% of 1278 companies
in the Industrial Products industry
Industry Median: 1.8 vs BOM:539331: 1.59

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Veto Switchgears And Cables  (BOM:539331) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Veto Switchgears And Cables PEG Ratio Related Terms


Veto Switchgears And Cables PEG Ratio Historical Data

* Premium members only.

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

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.22 0.64 0.71 2.79

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
PEG 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 0.71 1.24 1.54 2.17 2.79

BOM:539331 vs VRT, BE: PEG Ratio Comparison

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

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

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


BOM:539331
77GF Score
Veto Switchgears And Cables Ltd BOM:539331
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veto Switchgears And Cables PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Veto Switchgears And Cables's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=9.66292997543/6.10
=1.58

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.58 mean?
Veto Switchgears And Cables (BOM:539331) has a PEG Ratio of 1.58 as of Jul. 11, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Veto Switchgears And Cables and its competitors. This is 45% above median its historical median of 1.09. Over the past decade, Veto Switchgears And Cables' PEG Ratio has ranged from 0.63 to 19.70. According to the industry distribution chart, Veto Switchgears And Cables ranks #550 out of 1278 companies in the Industrial Products industry, placing it in the top 43%.
Is Veto Switchgears And Cables' PEG Ratio too high?
Veto Switchgears And Cables' current PEG Ratio of 1.58 is 45% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 19.70. The Industrial Products industry median PEG Ratio is 1.80. Veto Switchgears And Cables' value of 1.58 is 12.2% below this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #550 out of 1278 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Veto Switchgears And Cables has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' PEG Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #550 out of 1278 companies for PEG Ratio. This puts Veto Switchgears And Cables in the upper half of its industry. The industry median PEG Ratio is 1.80. Veto Switchgears And Cables' value of 1.58 is 12.2% below this benchmark. Historically, Veto Switchgears And Cables' own PEG Ratio has ranged from 0.63 to 19.70 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.80, Veto Switchgears And Cables has consistently been below 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 PEG Ratio for an Industrial Products company?
The median PEG Ratio among Industrial Products companies is 1.80, based on 1,278 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veto Switchgears And Cables's current PEG Ratio of 1.58 is 12.2% below 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median PEG Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current PEG Ratio is 1.58, which is 45% above median its own 10-year median of 1.09. 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 ₹162.21, compared to a current price of ₹125.85 — trading 22.4% below its estimated fair value. The current PEG Ratio is 1.58, which is 45% above median its 10-year median of 1.09 and 12.2% below the Industrial Products industry median of 1.80. Veto Switchgears And Cables' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current PEG Ratio is 1.58 as of Jul. 11, 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 ₹125.85 is trading 22.4% below its estimated GF Value™ of ₹162.21. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • PEG Ratio: 1.58 (45% above median its 10-year median of 1.09)
  • GF Value™: ₹162.21 vs. price of ₹125.85 (22.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 12.2% below the Industrial Products median (#550 of 1278)

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.
77GF Score

Get the complete analysis for BOM:539331

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

₹125.85
Price
₹162.21
GF Value