Larsen & Toubro vs Siemens: share price, P/E, ROE and financials compared
Larsen & Toubro
Siemens
Larsen & Toubro and Siemens at a glance
Larsen & Toubro is the larger by market cap, at ₹5.7L Cr against ₹1.3L Cr for Siemens (4.5 times as large). On valuation, Larsen & Toubro has the lower price-to-book (5.01× against 9.16×). On returns and margins, Siemens has the higher operating margin (10.4% against 9.6%). Over three years, Larsen & Toubro has faster 3-year sales growth (+16.1% against +3.0% a year). Siemens carries less debt for its equity, with a debt-to-equity of 0.02× against 1.05×.
Key metrics, side by side
| Metric | Larsen & ToubroLT | SiemensSIEMENS |
|---|---|---|
| Price (₹) | 4,117.70 | 3,560.00 |
| Market cap (₹ Cr) | 5,66,549 | 1,26,779 |
| P/E | 31.7× | 86.1× |
| P/B | 5.01× (the lower figure, shaded) | 9.16× |
| Dividend yield, trailing | 0.92% (the higher figure, shaded) | 0.51% |
| ROE | 17.9% | 14.7% |
| ROCE | 14.6% | 16.5% |
| Operating margin (OPM) | 9.6% | 10.4% (the higher figure, shaded) |
| Net margin (NPM) | 5.8% | 19.0% |
| Sales CAGR 3Y | +16.1% (the higher figure, shaded) | +3.0% |
| Profit CAGR 3Y | +15.4% | +10.9% |
| Debt to equity | 1.05× | 0.02× (the lower figure, shaded) |
| Interest cover | 10.1× | 152.1× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 17,866 | 3,275 |
| 1Y return | +3.2% | +10.0% (the higher figure, shaded) |
| Promoter holding | – | – |
Larsen & Toubro vs Siemens: common questions
Which is bigger, Larsen & Toubro or Siemens?
By market cap, Larsen & Toubro is bigger at ₹5.7L Cr, against ₹1.3L Cr for Siemens (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹17,866 Cr for Larsen & Toubro and ₹3,275 Cr for Siemens.
Which has a lower P/E ratio, Larsen & Toubro or Siemens?
Larsen & Toubro trades at a P/E of 31.7× and Siemens at 86.1×. Siemens’s P/E isn’t ranked because its profit includes a one-off gain. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Larsen & Toubro or Siemens?
Larsen & Toubro reports a return on equity of 17.9% and Siemens 14.7%. Siemens’s ROE isn’t ranked because its profit includes a one-off gain. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Larsen & Toubro or Siemens?
Over the last three years: Sales grew +16.1% a year at Larsen & Toubro and +3.0% at Siemens, so Larsen & Toubro grew sales faster; profit grew +15.4% a year at Larsen & Toubro and +10.9% at Siemens. Past growth doesn’t predict future growth.