BHARAT ELECTRONICS
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The Current P/E Ratio of BHARAT ELECTRONICS is 45.64.
| Share Price | ₹397.1 | Nov 04,2026 |
| Market Cap | ₹290,272.2 Cr | |
| Earnings-TTM | ₹6,359.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 45.64x | 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 [ ₹290,272.2 Cr] as on Nov 04,2026
(/) Earnings [ ₹6,359.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.64x ]
Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay 45.64 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 Mar2026 to Mar2022 averaged 31.53x.
- BHARAT ELECTRONICS 's operated at median p/e ratio of 36.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/e ratio peaked in Mar2026 at 48.31x.
- BHARAT ELECTRONICS 's p/e ratio hit its five-year low in Mar2022 of 7.14x.
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 | 6,359.61 | 45.64 | 290,272.2 |
| HINDUSTAN AERONAUTICS LTD | 9,276.46 | 36.59 | 339,403.0 |
| BHARAT DYNAMICS LTD | 520.78 | 75.81 | 39,478.8 |
| DATA PATTERNS (INDIA) LTD | 267.93 | 85.29 | 22,852.7 |
| ZEN TECHNOLOGIES LTD | 239.85 | 64.96 | 15,581.8 |
| APOLLO MICRO SYSTEMS LTD | 131.04 | 123.30 | 16,157.2 |
| ASTRA MICROWAVE PRODUCTS LTD | 179.80 | 83.36 | 14,988.0 |
| AXISCADES TECHNOLOGIES LTD | 44.35 | 184.29 | 8,172.6 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 107.03 | 95.31 | 10,201.2 |
| UNIMECH AEROSPACE AND MANUFACTURING LTD | 89.28 | 100.96 | 9,013.7 |
| AVANTEL LTD | 19.72 | 186.95 | 3,686.3 |
Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 36.59x |
| Max industry PE | 186.95x |
| Median industry PE | 85.29x |
| Average industry PE | 98.41x |
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