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Bharat Electronics PE ratio, market cap and valuation

NSE: BELBSE: 500049Aerospace & DefenseLarge Cap

Last close ₹362.00down ₹2.50 (0.69%)BSE ₹360.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹364.50.

52-week range of traded prices to 23 Oct 2026
₹354.55Low, 23 Oct 2026₹473.45High, 6 Mar 2026
Market cap
₹2,64,614 Cr25th largest listed
P/E
43.1
P/B
11.0
Dividend yield
0.69%
ROE
28.0%
ROCE
31.7%
Debt to equity
0.00
Volume, NSE
91,78,91150.1% delivered

Bharat Electronics PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021. The PE ratio is the market cap over the profit of the last twelve months.

  • Price to earnings43.05today

    1 year

    Median 51.14

    Today is at or above 0.4% of the 247 days

    3 years

    Median 49.42

    Today is at or above 20% of the 744 days

    5 years

    Median 41.60

    Today is at or above 52% of the 1,240 days

    10 years

    Median 24.01

    Today is at or above 76% of the 2,480 days

  • Price to book11.03today

    1 year

    Median 13.54

    Today is at or above 0.4% of the 247 days

    3 years

    Median 12.73

    Today is at or above 18% of the 744 days

    5 years

    Median 10.85

    Today is at or above 51% of the 1,240 days

    10 years, since Oct 2018

    Median 5.61

    Today is at or above 69% of the 1,980 days

  • Price to sales9.21today

    1 year

    Median 11.43

    Today is at or above 0.4% of the 247 days

    3 years

    Median 10.46

    Today is at or above 23% of the 744 days

    5 years

    Median 8.58

    Today is at or above 54% of the 1,240 days

    10 years

    Median 4.01

    Today is at or above 77% of the 2,480 days

  • EV to EBITDA31.23today

    1 year

    Median 37.70

    Today is at or above 0.4% of the 247 days

    3 years

    Median 36.79

    Today is at or above 18% of the 744 days

    5 years

    Median 30.90

    Today is at or above 51% of the 1,240 days

    10 years, since Oct 2018

    Median 17.15

    Today is at or above 69% of the 1,980 days

  • Dividend yield0.69%today

    1 year

    Median 0.63%

    Today is at or above 83% of the 247 days

    3 years

    Median 0.68%

    Today is at or above 52% of the 744 days

    5 years

    Median 0.88%

    Today is at or above 31% of the 1,240 days

    10 years

    Median 1.50%

    Today is at or above 16% of the 2,480 days

  • Earnings yield2.32%today

    1 year

    Median 1.96%

    Today is at or above 100% of the 247 days

    3 years

    Median 2.02%

    Today is at or above 80% of the 744 days

    5 years

    Median 2.40%

    Today is at or above 48% of the 1,240 days

    10 years

    Median 4.16%

    Today is at or above 24% of the 2,480 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 27 JulThe balance sheet: Filed 19 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹6,146 Cr
  • Price to book =Market cap÷Net worth₹23,988 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹28,717 Cr
  • Enterprise value =Market cap+Borrowings₹0.00 Cr−Cash₹8,572 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹8,199 Cr
  • Market cap =Close×Shares in issue7,30,97,78,829at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.Bharat Electronics financials ›

Bharat Electronics valuation at each year end

On the last trading day of each March, the month the company's year ends.Bharat Electronics dividend history

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)35,01234,75422,72118,14030,48251,36371,3071,47,2922,20,2582,92,866
Price to earnings22.621.312.512.717.119.725.941.344.149.1
Price to bookNo balance sheetNo balance sheet2.72.03.04.55.59.912.513.6
Price to sales4.33.21.91.62.33.24.18.19.511.0
EV to EBITDAOperating profit not statedNo balance sheet8.07.910.612.217.430.333.636.1
Dividend yield1.69%2.38%2.25%4.16%3.36%1.99%1.74%0.99%0.76%0.71%
Earnings yield4.4%4.7%8.0%7.9%5.8%5.1%3.9%2.4%2.3%2.0%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021.

Bharat Electronics market cap, ten years

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹2,56,042 Cr
P/E to growth
3.67
Earnings per share
₹8.41
Book value per share
₹32.82
Dividends, last 12 months
₹2.50
Public's market cap
₹1,29,290 Cr

Against Aerospace & Defense

35 listed companies in Aerospace & Defense, each priced on its last trading day; Bharat Electronics is 2nd among them by market cap. Each median leaves out Bharat Electronics itself and takes the other companies that have the figure.

Industry median P/E
71.2Across 21 other companies
Industry median P/B
7.9Across 28 other companies
Industry median EV/EBITDA
55.9Across 20 other companies
Industry median dividend yield
0.15%Across 17 other companies