Bharat Bijlee Valuation

Is BBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BBL (₹3864.55) is trading above our estimate of fair value (₹1140.33)

Significantly Below Fair Value: BBL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BBL?

Key metric: As BBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BBL. This is calculated by dividing BBL's market cap by their current earnings.
What is BBL's PE Ratio?
PE Ratio	36.1x
Earnings	₹1.21b
Market Cap	₹43.60b

BBL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.3x
Enterprise Value/EBITDA	27.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BBL's PE Ratio compare to its peers?

The above table shows the PE ratio for BBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	68.9x
513519 Pitti Engineering	50.5x	29.7%	₹48.8b
HPL HPL Electric & Power	55.5x	31.0%	₹35.6b
PRECWIRE Precision Wires India	39.4x	n/a	₹32.1b
SPECTRUM Spectrum Electrical Industries	130.4x	n/a	₹28.3b
BBL Bharat Bijlee	36.1x	n/a	₹43.6b

Price-To-Earnings vs Peers: BBL is good value based on its Price-To-Earnings Ratio (36.1x) compared to the peer average (68.9x).

Price to Earnings Ratio vs Industry

How does BBL's PE Ratio compare vs other companies in the IN Electrical Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
504058 Indo National	2.7x	n/a	US$45.60m
533203 Tarapur Transformers	4.3x	n/a	US$6.79m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BBL is good value based on its Price-To-Earnings Ratio (36.1x) compared to the Indian Electrical industry average (47.4x).

Price to Earnings Ratio vs Fair Ratio

What is BBL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	36.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BBL's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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