BHEL Peer Comparison
BHEL · Capital Goods · Current price ₹423.2
Peers tracked
11
BHEL P/E
92.0x
Sector
Capital Goods
BHEL vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| ABB INDIA LIMITED | ₹7,396 | — | 1,54,947 |
| BHEL | ₹426.55 | 87.4x | 1,47,448 |
| HITACHI ENERGY INDIA LTD | ₹32,640 | 152.4x | 1,42,542 |
| SIEMENS LTD | ₹4,030 | 46.3x | 1,42,235 |
| CG POWER AND IND SOL LTD | ₹885.5 | 125.2x | 1,38,214 |
| GE VERNOVA T&D INDIA LTD | ₹4,324 | 86.3x | 1,08,026 |
| WAAREE ENERGIES LIMITED | ₹2,588 | 22.3x | 74,467 |
| APAR INDUSTRIES LTD. | ₹17,400 | 62.1x | 70,823 |
| SUZLON ENERGY LIMITED | ₹46.5 | 24.8x | 62,832 |
| THERMAX LTD | ₹3,913.2 | 81.3x | 42,701 |
| DHOOT TRANSMISSION LTD | ₹1,450.1 | 77.3x | 30,969 |
BHEL versus its peers
BHEL operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 92.0x may be cheap in one industry and expensive in another.
More on BHEL
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

