Veto Switchgears And Cables (BOM:539331) ROE % Adjusted to Book Value: 21.66% (As of Mar. 2026)


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
82 GF Score
Price ₹126.65
GF Value ₹161.99
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables ROE % Adjusted to Book Value?

Veto Switchgears And Cables BOM:539331 +1.36% 82 ROE % Adjusted to Book Value is 21.66% as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 82/100 and a GF Value™ of ₹161.99 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Veto Switchgears And Cables's ROE % for the quarter that ended in Mar. 2026 was 12.13%. Veto Switchgears And Cables's PB Ratio for the quarter that ended in Mar. 2026 was 0.56. Veto Switchgears And Cables's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 21.66%.


Veto Switchgears And Cables ROE % Adjusted to Book Value Related Terms


Veto Switchgears And Cables ROE % Adjusted to Book Value Historical Data

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The historical data trend for Veto Switchgears And Cables's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Veto Switchgears And Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.01 14.66 7.88 11.82 16.14

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
ROE % Adjusted to Book Value 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 15.51 0.00 10.72 0.00 21.66

BOM:539331 vs VRT, BE: ROE % Adjusted to Book Value Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's ROE % Adjusted to Book Value falls into.


BOM:539331
82GF Score
Veto Switchgears And Cables Ltd BOM:539331
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables ROE % Adjusted to Book Value Calculation

Veto Switchgears And Cables's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.04% / 0.56
=16.14%

Veto Switchgears And Cables's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.13% / 0.56
=21.66%

* 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.

What does a ROE % Adjusted to Book Value of 21.66% mean?
Veto Switchgears And Cables (BOM:539331) has a ROE % Adjusted to Book Value of 21.66% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Veto Switchgears And Cables and its competitors.
Is Veto Switchgears And Cables' ROE % Adjusted to Book Value too high?
Veto Switchgears And Cables' current ROE % Adjusted to Book Value is 21.66%. Overall, Veto Switchgears And Cables has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' ROE % Adjusted to Book Value compare to VRT and BE?
Veto Switchgears And Cables' ROE % Adjusted to Book Value of 21.66% 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 ROE % Adjusted to Book Value for an Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Veto Switchgears And Cables and its competitors. Veto Switchgears And Cables's current ROE % Adjusted to Book Value is 21.66%. 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 ₹161.99, compared to a current price of ₹126.65 — trading 21.8% below its estimated fair value. The current ROE % Adjusted to Book Value is 21.66%. Veto Switchgears And Cables' overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Veto Switchgears And Cables (BOM:539331), the current ROE % Adjusted to Book Value is 21.66% 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 ₹126.65 is trading 21.8% below its estimated GF Value™ of ₹161.99. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • ROE % Adjusted to Book Value: 21.66%
  • GF Value™: ₹161.99 vs. price of ₹126.65 (21.8% below fair value)
  • GF Score™: 82/100 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.
82GF Score

Get the complete analysis for BOM:539331

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹126.65
Price
₹161.99
GF Value