Bharat Heavy Electricals Limited
BHEL.NS
#1837
Rank
$10.75 B
Marketcap
$3.09
Share price
0.73%
Change (1 day)
4.33%
Change (1 year)

P/E ratio for Bharat Heavy Electricals Limited (BHEL.NS)

P/E ratio as of December 2025 (TTM): -214

According to Bharat Heavy Electricals Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -213.723. At the end of 2025 the company had a P/E ratio of 138.

P/E ratio history for Bharat Heavy Electricals Limited from 2017 to 2025

PE ratio at the end of each year

Year P/E ratio Change
2025138-55.8%
2024312741.14%
202337.1-91%
2022413-6723.26%
2021-6.2331.64%
2020-4.73-117.91%
201926.4-59.37%
201865.1-20.5%
201781.8-323.46%
2016-36.6-199.34%
201536.9198.87%
201412.3110.42%
20135.86-22.75%
20127.59-45.1%
201113.8-38.1%
201022.318.75%
200918.8-27.85%
200826.1184.96%
20079.15-62.96%
200624.765.75%
200514.9-12.93%
200417.1

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.