BHEL

Bharat Heavy Electricals vs Peers

₹448.25-0.83%
Market cap
₹1.56 lakh crore
P/E
64.2
P/B
5.97
ROE
6.3%
Dividend yield
0.31%

Bharat Heavy Electricals ranks 1st by market capitalisation among 28 Heavy Electrical Equipment companies tracked by ATS. Its largest peers are ABB India, Hitachi Energy India and CG Power and Industrial Solutions. Its P/E of 64.2 compares with a peer median of 93.7.

Bharat Heavy Electricals vs Heavy Electrical Equipment peers

Sorted by market capitalisation.

Bharat Heavy Electricals and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Bharat Heavy Electricals448.25-0.83%1,56,08364.25.976.3%+22.0%
ABB India7,014.00-1.52%1,48,63394.015.9122.4%+12.5%
Hitachi Energy India31,690.00+0.16%1,41,250122.827.2921.0%+12.5%
CG Power and Industrial Solutions893.85-1.99%1,40,774112.617.6620.4%+12.5%
Siemens3,807.40-1.21%1,35,58993.410.2514.7%+12.5%
Siemens Energy India3,364.40+1.72%1,19,81380.524.9029.0%+12.5%
GE Vernova T&D India4,314.90+1.64%1,10,48284.741.0755.3%+12.5%
Suzlon Energy38.50-1.69%52,91416.85.5940.6%+12.5%
Thermax3,236.30+0.35%36,45661.46.5713.7%+12.5%
Schneider Electric Infrastructure1,254.30-1.55%29,991163.238.7331.8%+12.5%
TD Power Systems829.65+1.67%25,92194.324.1924.7%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

Bharat Heavy Electricals peer comparison — frequently asked questions

Who are Bharat Heavy Electricals' competitors?

Bharat Heavy Electricals' listed peers in Heavy Electrical Equipment include ABB India, Hitachi Energy India, CG Power and Industrial Solutions, Siemens, Siemens Energy India and GE Vernova T&D India, ranked here by market capitalisation.

How does Bharat Heavy Electricals' P/E compare with its peers?

Bharat Heavy Electricals trades at a P/E of 64.2, against a median of 93.7 across the 10 Heavy Electrical Equipment peers shown.

Which is the largest company among Bharat Heavy Electricals' peers?

By market capitalisation, the largest company in the group is ABB India at ₹1.49 lakh crore, against ₹1.56 lakh crore for Bharat Heavy Electricals.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.