Bharat Electronics P/B Ratio
BEL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
13.55
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
13.55
Current Price
₹413.80
Book Value/Share
₹273.50
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹19,993 Cr
Share Capital
₹731 Cr
Reserves & Surplus
₹19,243 Cr
Outstanding Shares
731,000,000
Book Value per Share
₹273.50
Valuation Signal
Signal
Overvalued
Historical Avg
0.82
Historical Range
0.15 - 1.46
Percentile
100.0%
Sector Context
Sector Average
8.61
Sector Median
7.91
Sector Rank
#11 of 24
Sector Percentile
45.8%
Key P/B Ratio Insights for Bharat Electronics
- Stock appears overvalued with PB of 13.55, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 1556.5% above historical average
- Trading at premium to sector average PB of 8.61
View the current stock price of Bharat Electronics for more insights.
P/B Ratio Historical Trend for Bharat Electronics
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for Bharat Electronics
Additional stock information and data for BEL
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 1.46 | ₹273.5 | ₹399.60 | ₹19,993 | Moderate |
| 2024 | 1.31 | ₹223.58 | ₹293.15 | ₹16,344 | Moderate |
| 2023 | 0.97 | ₹189.86 | ₹184.20 | ₹13,879 | Low |
| 2022 | 0.2 | ₹504.18 | ₹99.90 | ₹12,302 | Low |
| 2021 | 0.15 | ₹453.89 | ₹70.00 | ₹11,075 | Low |
Sector P/B Ratio Comparison
Comparing Bharat Electronics with other companies in Aerospace & Defense sector
Sector Average
8.61
Sector Median
7.91
Lowest P/B
0.62
Highest P/B
21.68
Companies
24
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.62 | ₹317 | Low |
| DCX Systems | DCXINDIA | 1.48 | ₹2,124 | Moderate |
| Ideaforge Technology | IDEAFORGE | 3.58 | ₹2,007 | High |
| Mishra Dhatu Nigam | MIDHANI | 4.47 | ₹6,386 | High |
| CFF Fluid Control | CFF | 4.85 | ₹1,189 | High |
| Taneja Aerospace & Aviat… | TANAA | 5.01 | ₹762 | High |
| Jaykay Enterprises | JAYKAY | 5.33 | ₹2,519 | High |
| Unimech Aerospace and Ma… | UNIMECH | 6.54 | ₹4,645 | High |
| Zen Technologies | ZENTEC | 6.88 | ₹12,249 | High |
| NIBE | NIBE | 6.9 | ₹1,656 | High |