As of 2026-03-04, the EV/EBITDA ratio of Bharat Heavy Electricals Ltd (BHEL.NS) is 44.29. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. BHEL.NS's latest enterprise value is 940,973.80 mil INR. BHEL.NS's TTM EBITDA according to its financial statements is 21,244.60 mil INR. Dividing these 2 quantities gives us the above BHEL.NS EV/EBITDA ratio.
| Range | Selected | |
| Trailing P/E multiples | 19.6x - 33.2x | 23.4x |
| Forward P/E multiples | 17.1x - 31.0x | 24.2x |
| Fair Price | 111.62 - 229.58 | 156.37 |
| Upside | -57.4% - -12.4% | -40.3% |
| Date | EV/EBITDA |
| 2026-03-02 | 44.29 |
| 2026-02-27 | 44.60 |
| 2026-02-26 | 44.66 |
| 2026-02-25 | 44.19 |
| 2026-02-24 | 44.28 |
| 2026-02-23 | 43.51 |
| 2026-02-20 | 43.56 |
| 2026-02-19 | 42.71 |
| 2026-02-18 | 44.10 |
| 2026-02-17 | 44.35 |
| 2026-02-16 | 44.33 |
| 2026-02-13 | 43.17 |
| 2026-02-12 | 43.87 |
| 2026-02-11 | 44.07 |
| 2026-02-10 | 46.55 |
| 2026-02-09 | 46.23 |
| 2026-02-06 | 44.92 |
| 2026-02-05 | 45.33 |
| 2026-02-04 | 45.84 |
| 2026-02-03 | 45.15 |
| 2026-02-02 | 43.78 |
| 2026-02-01 | 42.63 |
| 2026-01-30 | 44.43 |
| 2026-01-29 | 43.94 |
| 2026-01-28 | 43.98 |
| 2026-01-27 | 41.97 |
| 2026-01-23 | 41.07 |
| 2026-01-22 | 42.69 |
| 2026-01-21 | 42.77 |
| 2026-01-20 | 42.33 |
| 2026-01-19 | 44.40 |
| 2026-01-09 | 46.28 |
| 2026-01-08 | 46.71 |
| 2026-01-07 | 51.05 |
| 2026-01-06 | 49.91 |
| 2026-01-05 | 50.45 |
| 2026-01-02 | 50.45 |
| 2026-01-01 | 49.15 |
| 2025-12-31 | 48.53 |
| 2025-12-30 | 47.72 |
| 2025-12-29 | 47.05 |
| 2025-12-26 | 47.31 |
| 2025-12-24 | 46.89 |
| 2025-12-23 | 47.48 |
| 2025-12-22 | 47.49 |
| 2025-12-19 | 46.50 |
| 2025-12-18 | 46.40 |
| 2025-12-17 | 46.73 |
| 2025-12-16 | 46.96 |
| 2025-12-15 | 47.61 |