As of 2026-05-26, the Relative Valuation of Bharat Heavy Electricals Ltd (BHEL.NS) is 232.43 INR. This relative valuation is based on P/E multiples. With the latest stock price at 419.40 INR, the upside of Bharat Heavy Electricals Ltd based on Relative Valuation is -44.6%.
The range of the Relative Valuation is 185.85 - 329.98 INR.
| Range | Selected | |
| Trailing P/E multiples | 40.4x - 45.9x | 43.9x |
| Forward P/E multiples | 23.7x - 31.0x | 24.8x |
| Fair Price | 185.85 - 329.98 | 232.43 |
| Upside | -55.7% - -21.3% | -44.6% |
| Date | P/E |
| 2026-05-25 | 91.26 |
| 2026-05-22 | 88.96 |
| 2026-05-21 | 88.56 |
| 2026-05-20 | 88.95 |
| 2026-05-19 | 86.95 |
| 2026-05-18 | 86.00 |
| 2026-05-15 | 86.56 |
| 2026-05-14 | 90.21 |
| 2026-05-13 | 88.13 |
| 2026-05-12 | 85.36 |
| 2026-05-11 | 87.37 |
| 2026-05-08 | 87.80 |
| 2026-05-07 | 88.45 |
| 2026-05-06 | 83.77 |
| 2026-05-05 | 81.71 |
| 2026-05-04 | 82.51 |
| 2026-04-30 | 76.68 |
| 2026-04-29 | 75.07 |
| 2026-04-28 | 77.16 |
| 2026-04-27 | 76.14 |
| 2026-04-24 | 73.40 |
| 2026-04-23 | 73.55 |
| 2026-04-22 | 72.67 |
| 2026-04-21 | 72.24 |
| 2026-04-20 | 70.72 |
| 2026-04-17 | 68.81 |
| 2026-04-16 | 67.56 |
| 2026-04-15 | 63.54 |
| 2026-04-13 | 62.45 |
| 2026-04-10 | 61.75 |
| 2026-04-09 | 60.33 |
| 2026-04-08 | 57.87 |
| 2026-04-07 | 55.16 |
| 2026-04-06 | 53.48 |
| 2026-04-02 | 53.96 |
| 2026-04-01 | 54.70 |
| 2026-03-30 | 53.47 |
| 2026-03-27 | 55.51 |
| 2026-03-25 | 57.05 |
| 2026-03-24 | 56.11 |
| 2026-03-23 | 54.86 |
| 2026-03-20 | 56.85 |
| 2026-03-19 | 55.05 |
| 2026-03-18 | 56.48 |
| 2026-03-17 | 55.70 |
| 2026-03-16 | 55.06 |
| 2026-03-13 | 56.19 |
| 2026-03-12 | 58.27 |
| 2026-03-11 | 55.57 |
| 2026-03-10 | 56.31 |