Bharat Heavy Electricals Ltd
NSE:BHEL

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Bharat Heavy Electricals Ltd
NSE:BHEL
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Price: 216.25 INR -2.31%
Market Cap: 753B INR
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Relative Value

The Relative Value of one BHEL stock under the Base Case scenario is 380.62 INR. Compared to the current market price of 216.25 INR, Bharat Heavy Electricals Ltd is Undervalued by 43%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BHEL Relative Value
Base Case
380.62 INR
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
18
Median 3Y
1.3
Median 5Y
1.1
Industry
1.7
Forward
2.3
vs History
14
vs Industry
1
Median 3Y
38.6
Median 5Y
18.5
Industry
22.7
Forward
64.1
vs History
6
vs Industry
Median 3Y
-17.9
Median 5Y
-13.4
Industry
14.3
vs History
vs Industry
Median 3Y
-42.6
Median 5Y
-42.6
Industry
19.7
vs History
17
vs Industry
14
Median 3Y
1.3
Median 5Y
0.9
Industry
1.9
vs History
19
vs Industry
16
Median 3Y
1.2
Median 5Y
1
Industry
1.7
Forward
2.4
vs History
20
vs Industry
18
Median 3Y
4.3
Median 5Y
3.5
Industry
7.1
vs History
25
vs Industry
1
Median 3Y
55.1
Median 5Y
23.2
Industry
14.6
Forward
42.5
vs History
17
vs Industry
1
Median 3Y
46.2
Median 5Y
9.5
Industry
17.9
Forward
53
vs History
6
vs Industry
Median 3Y
-18.5
Median 5Y
-13.9
Industry
14
vs History
6
vs Industry
Median 3Y
-17.8
Median 5Y
-10.3
Industry
17.5
vs History
17
vs Industry
24
Median 3Y
0.7
Median 5Y
0.5
Industry
1.6

Multiples Across Competitors

BHEL Competitors Multiples
Bharat Heavy Electricals Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Bharat Heavy Electricals Ltd
NSE:BHEL
763B INR 2.9 322.4 104.4 154
DE
Siemens Energy AG
XETRA:ENR
39.9B EUR 1.2 33.7 25.2 -418
JP
Mitsubishi Electric Corp
TSE:6503
5.5T JPY 1 19.5 8.5 13.3
CN
NARI Technology Co Ltd
SSE:600406
189B CNY 3.4 25.5 20.7 20.7
CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
21.5B EUR 2.9 92 83.5 83.5
IN
ABB India Ltd
NSE:ABB
1.4T INR 12.1 83.5 65.6 69.9
DK
Vestas Wind Systems A/S
CSE:VWS
97.4B DKK 0.9 -266.4 -902.7 -902.7
CN
Shanghai Electric Group Co Ltd
SSE:601727
90.9B CNY 0.8 407.8 42.6 42.6
CN
Hangzhou Steam Turbine Co Ltd
SZSE:200771
11.4B 0 0 0 0
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
14.4T KRW 4.4 28.2 19.3 21.1
IN
Suzlon Energy Ltd
NSE:SUZLON
803.4B INR 10.2 83.4 62.8 73.4