TickerKhojComparison · NSE · data 2026-11-02
Bharat Heavy Electricals Limited vs Siemens Limited
In plain words
Size: Bharat Heavy Electricals Limited is about 1.2 times the market value of Siemens Limited.
Valuation (P/E): Bharat Heavy Electricals Limited 48.1 vs Siemens Limited 36.2.
Return on equity: Siemens Limited 10.4% vs Bharat Heavy Electricals Limited 6.3%.
Profit growth over 3 years: Bharat Heavy Electricals Limited 34.7% a year vs Siemens Limited 15.6% a year.
Debt to equity: Bharat Heavy Electricals Limited 0.31 vs Siemens Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BHEL | SIEMENS | |
|---|---|---|
| Price | ₹397.65 | ₹3,333 |
| Market cap | ₹1,34,878 cr | ₹1,16,986 cr |
| P/E | 48.1 | 36.2 |
| P/B | 5.2 | — |
| ROE | 6.3% | 10.4% |
| ROCE | 3.0% | 9.6% |
| Debt / equity | 0.31 | 0.02 |
| Operating margin | 9.3% | 8.9% |
| Dividend yield | 0.36% | 0.55% |
| Sales growth, 3 years (yearly) | 13.2% | 0.9% |
| Profit growth, 3 years (yearly) | 34.7% | 15.6% |
| 1-year return | 52.2% | 6.5% |
| Revenue, last 12 months | ₹37,782 cr | ₹18,062 cr |
| Net profit, last 12 months | ₹2,879 cr | ₹3,275 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹821 cr | ₹2,143 cr |
| Quarter profit vs a year earlier | +119.0% | +406.7% |
| Promoter holding | 58.17% | 75.00% |
| Health check | Strong (6.5/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Bharat Heavy Electricals Limited or Siemens Limited?
Bharat Heavy Electricals Limited trades at the higher P/E (48.1 against 36.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Siemens Limited (10.4% against 6.3%).
Which carries more debt?
Bharat Heavy Electricals Limited has the higher debt-to-equity ratio (0.31 against 0.02).