Which stock is cheaper: ASHOKLEY or BHARATFORG?

Based on Price to Earnings, ASHOKLEY trades at a P/E of 25.8 while BHARATFORG trades at a P/E of 130.0.

Does ASHOKLEY or BHARATFORG have higher ROCE?

ASHOKLEY generates an ROCE of 14.1% compared to BHARATFORG's ROCE of 11.5%.

ASHOK LEYLAND LTD (ASHOKLEY) has a market cap of ₹96,184 Cr compared to BHARAT FORGE LTD (BHARATFORG) with ₹92,983 Cr.

ASHOKLEYIndustrials

Leads (4/5)

₹144.82-0.12%

Market Cap: ₹96,184 Cr

BHARATFORGIndustrials

₹1,720.00-2.62%

Market Cap: ₹92,983 Cr

Automated quantitative breakdown of fundamental strengths between ASHOKLEY and BHARATFORG.

Attractive ValuationASHOKLEY (P/E 25.8)Trades at lower Price-to-Earnings

Capital EfficiencyASHOKLEY (ROCE 14.1%)Superior operating return on capital

Balance Sheet SafetyBHARATFORGLower debt-to-equity ratio

Shareholder YieldASHOKLEY (157.44%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	ASHOKLEY	BHARATFORG
Valuation Multiples
Market Capitalization	₹96,184 Cr	₹92,983 Cr
Price to Earnings (P/E)	25.78	130.05
Price to Book (P/B)	11.63	13.36
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	14.05%	11.47%
Return on Equity (ROE)	58.43%	17.97%
Operating Profit Margin (OPM)	17.58%	9.30%
Net Profit Margin (NPM)	7.53%	5.14%
Balance Sheet & Solvency
Debt to Equity Ratio	7.73	1.05
Dividend Yield	157.44%	2.56%
Historical Growth
3-Year Sales Growth (CAGR)	-14.99%	-16.09%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹13,020 Cr	₹4,640 Cr
Quarterly Net Profit	₹616 Cr	₹-90 Cr