BHARAT ELECTRONICS
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The Current P/E Ratio of BHARAT ELECTRONICS is 54.54.
| Share Price | ₹442.5 | Mar 18,2026 |
| Market Cap | ₹323,458.7 Cr | |
| Earnings-TTM | ₹5,930.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 54.54x | 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 [ ₹323,458.7 Cr] as on Mar 18,2026
(/) Earnings [ ₹5,930.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.54x ]
Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay 54.54 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 | 5,930.29 | 54.54 | 323,458.7 |
| HINDUSTAN AERONAUTICS LTD | 8,848.55 | 29.94 | 264,898.0 |
| BHARAT DYNAMICS LTD | 579.93 | 83.43 | 48,384.4 |
| ZEN TECHNOLOGIES LTD | 285.36 | 45.77 | 13,060.0 |
| DATA PATTERNS (INDIA) LTD | 247.07 | 74.79 | 18,479.5 |
| ASTRA MICROWAVE PRODUCTS LTD | 152.88 | 58.76 | 8,983.7 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 71.41 | 73.81 | 5,270.8 |
| NIBE LTD | -18.78 | -79.27 | 1,489.0 |
| ROSSELL INDIA LTD | 13.87 | 12.75 | 176.8 |
Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -79.27x |
| Max industry PE | 83.43x |
| Median industry PE | 54.54x |
| Average industry PE | 39.39x |
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