Bharat Electronics (BEL.NS)

P/B ratio as of December 2025 : 13.7

According to Bharat Electronics 's latest financial reports the company has a price-to-book ratio of 11.7475.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Bharat Electronics - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	13.9	16.92%
2024-12-31	11.9	30.59%
2023-12-31	9.08	63.62%
2022-12-31	5.55	24.85%
2021-12-31	4.44	52.95%
2020-12-31	2.91	11.11%
2019-12-31	2.62

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Bharat Electronics (BEL.NS) - P/B ratio