BHARAT ELECTRONICS
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The Current P/E Ratio of BHARAT ELECTRONICS is 49.37.
| Share Price | ₹406.8 | Jul 22,2026 |
| Market Cap | ₹297,362.7 Cr | |
| Earnings-TTM | ₹6,023.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 49.37x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹297,362.7 Cr] as on Jul 22,2026
(/) Earnings [ ₹6,023.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.37x ]
Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay 49.37 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BHARAT ELECTRONICS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of BHARAT ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of BHARAT ELECTRONICS
PE Ratio Performance Analysis for BHARAT ELECTRONICS
- BHARAT ELECTRONICS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 22.84x.
- BHARAT ELECTRONICS 's operated at median p/e ratio of 23.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/e ratio peaked in Mar2025 at 41.37x.
- BHARAT ELECTRONICS 's p/e ratio hit its five-year low in Mar2021 of 4.84x.
How does BHARAT ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?
| Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BHARAT ELECTRONICS | 6,023.47 | 49.37 | 297,362.7 |
| HINDUSTAN AERONAUTICS LTD | 9,071.90 | 33.76 | 306,229.0 |
| BHARAT DYNAMICS LTD | 420.34 | 108.99 | 45,811.1 |
| DATA PATTERNS (INDIA) LTD | 271.37 | 98.57 | 26,748.3 |
| ZEN TECHNOLOGIES LTD | 220.23 | 74.45 | 16,396.3 |
| APOLLO MICRO SYSTEMS LTD | 107.38 | 140.00 | 15,033.1 |
| ASTRA MICROWAVE PRODUCTS LTD | 185.17 | 90.09 | 16,682.3 |
| AXISCADES TECHNOLOGIES LTD | 72.24 | 90.99 | 6,573.1 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 89.53 | 110.08 | 9,855.4 |
| UNIMECH AEROSPACE AND MANUFACTURING LTD | 63.70 | 98.44 | 6,270.4 |
| AVANTEL LTD | 17.18 | 254.94 | 4,378.9 |
Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 33.76x |
| Max industry PE | 254.94x |
| Median industry PE | 98.44x |
| Average industry PE | 104.52x |
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