BHARTI AIRTEL
|
The Current P/E Ratio of BHARTI AIRTEL is 33.15.
| Share Price | ₹1,997.2 | Feb 23,2026 |
| Market Cap | ₹1,217,143.1 Cr | |
| Earnings-TTM | ₹36,713.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 33.15x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BHARTI AIRTEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,217,143.1 Cr] as on Feb 23,2026
(/) Earnings [ ₹36,713.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.15x ]
Thus, for BHARTI AIRTEL , the investors are currently willing to pay 33.15 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 BHARTI AIRTEL !
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 BHARTI AIRTEL over the last five years.
Historical PE (Price/Earnings) ratio chart of BHARTI AIRTEL
PE Ratio Performance Analysis for BHARTI AIRTEL
- BHARTI AIRTEL 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 54.95x.
- BHARTI AIRTEL 's operated at median p/e ratio of 50.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARTI AIRTEL 's p/e ratio peaked in Mar2022 at 99.24x.
- BHARTI AIRTEL 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does BHARTI AIRTEL 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
| Peer Comparison (Telecommunication - Service Provider Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BHARTI AIRTEL | 36,713.40 | 33.15 | 1,217,143.1 |
| INDUS TOWERS LTD | 7,131.10 | 17.46 | 124,534.0 |
| BHARTI HEXACOM LTD | 1,754.90 | 48.39 | 84,915.0 |
| VODAFONE IDEA LTD | -24,586.40 | -4.84 | 119,069.0 |
| TATA COMMUNICATIONS LTD | 1,493.30 | 32.07 | 47,884.3 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -1,102.65 | -7.57 | 8,347.5 |
| RAILTEL CORPORATION OF INDIA LTD | 318.02 | 33.34 | 10,603.8 |
| MAHANAGAR TELEPHONE NIGAM LTD | -3,630.19 | -0.52 | 1,890.6 |
| HATHWAY CABLE & DATACOM LTD | 89.94 | 21.69 | 1,950.7 |
| RELIANCE COMMUNICATIONS LTD | -267.00 | -1.00 | 268.3 |
| GTL LTD | -15.29 | -7.52 | 115.0 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs BHARTI AIRTEL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -7.57x |
| Max industry PE | 48.39x |
| Median industry PE | 17.46x |
| Average industry PE | 14.97x |
You may also like the below Video Courses