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BSENSE:BSE +0.23%93 EV-to-EBITDA is 33.32 as of Sep. 21, 2026, which is 76% above its 10-year median of 18.90. GuruFocus rates NSE:BSE with a GF Score™ of 93/100 and a GF Value™ of ₹4,252.81 (Modestly Undervalued). Among 541 Capital Markets companies, BSE ranks worse than 89.09% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, BSE's enterprise value is ₹1,288,646 Mil.
BSE's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹38,674 Mil. Therefore, BSE's EV-to-EBITDA for today is 33.32.
The historical rank and industry rank for BSE's EV-to-EBITDA or its related term are showing as below:
NSE:BSE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -4.22 Med: 18.9 Max: 85
Current: 36.62
During the past 13 years, the highest EV-to-EBITDA of BSE was 85.00. The lowest was -4.22. And the median was 18.90.
NSE:BSE's EV-to-EBITDA is ranked worse than 89.09% of 541
companies
in the Capital Markets industry
Industry Median: 8.23
vs NSE:BSE: 36.62
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-09-21), BSE's stock price is ₹3266.40.
BSE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹69.441. Therefore, BSE's PE Ratio (TTM) for today is 47.04.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
BSE's share price for today is ₹3266.40.
BSE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹69.441.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for BSE's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BSE vs SPGI, CME, ICE: EV-to-EBITDA Comparison
For the Financial Data & Stock Exchanges subindustry, BSE's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BSE EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, BSE's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BSE's EV-to-EBITDA falls into.
BSE's current Enterprise Value is ₹1,288,646 Mil.
BSE's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹38,674 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BSE (NSE:BSE) has a EV-to-EBITDA of 33.32 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on BSE. This is 76% above median its historical median of 18.90. According to the industry distribution chart, BSE ranks #482 out of 541 companies in the Capital Markets industry, placing it in the top 89.1%.
Is BSE's EV-to-EBITDA too high?
BSE's current EV-to-EBITDA of 33.32 is 76% above median its 10-year median of 18.90. The Capital Markets industry median EV-to-EBITDA is 8.23. BSE's value of 33.32 is 304.9% above this industry median. Based on the distribution chart, BSE ranks #482 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BSE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BSE's EV-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, BSE ranks #482 out of 541 companies for EV-to-EBITDA. This places BSE in the lower half of its industry. The industry median EV-to-EBITDA is 8.23. BSE's value of 33.32 is 304.9% above this benchmark. While the company's 10-year median is 18.90 vs. the industry median of 8.23, BSE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 8.23, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BSE's current EV-to-EBITDA of 33.32 is 304.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on BSE. For the Capital Markets industry, the median EV-to-EBITDA is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BSE's current EV-to-EBITDA is 33.32, which is 76% above median its own 10-year median of 18.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSE stock overvalued right now?
Based on GuruFocus' analysis, BSE (NSE:BSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,252.81, compared to a current price of ₹3,266.40 — trading 23.2% below its estimated fair value. The current EV-to-EBITDA is 33.32, which is 76% above median its 10-year median of 18.90 and 304.9% above the Capital Markets industry median of 8.23. BSE's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For BSE (NSE:BSE), the current EV-to-EBITDA is 33.32 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BSE (NSE:BSE) Overvalued in 2026?
Based on GuruFocus' analysis, BSE stock appears to be undervalued.
The current stock price of ₹3,266.40 is trading 23.2% below its estimated GF Value™ of ₹4,252.81.
GuruFocus considers BSE to be Modestly Undervalued.
Key valuation signals for NSE:BSE:
EV-to-EBITDA: 33.32 (76% above median its 10-year median of 18.90)
GF Value™: ₹4,252.81 vs. price of ₹3,266.40 (23.2% below fair value)
Industry Position: 304.9% above the Capital Markets median (#482 of 541)
No single metric tells the full story. See the NSE:BSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BSE Ltd operates as a stock exchange and is one of the exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services, while generating a majority of its revenues through stock exchange activities. It predominantly provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives, and mutual funds. BSE also offers its customers other services such as risk management, market data services, and educational programs. Geographically, the company generates a majority of its revenue from its customers within India.
93GF Score
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