HERO MOTOCORP
|
The Current P/E Ratio of HERO MOTOCORP is 17.91.
Share Price | ₹3,990.6 | May 12,2025 |
Market Cap | ₹79,811.0 Cr | |
Earnings-TTM | ₹4,457.3 Cr | TTM-Consolidated Results |
Price/Earnings | 17.91x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HERO MOTOCORP
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹79,811.0 Cr] as on May 12,2025
(/) Earnings [ ₹4,457.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.91x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay 17.91 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HERO MOTOCORP !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HERO MOTOCORP over the last five years.
Historical PE (Price/Earnings) ratio chart of HERO MOTOCORP
PE Ratio Performance Analysis for HERO MOTOCORP
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.08x.
- HERO MOTOCORP 's operated at median p/e ratio of 19.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERO MOTOCORP 's p/e ratio peaked in Mar2024 at 25.18x.
- HERO MOTOCORP 's p/e ratio hit its five-year low in Mar2020 of 8.75x.
How does HERO MOTOCORP 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HERO MOTOCORP | 4,457.25 | 17.91 | 79,811.0 |
BAJAJ AUTO LTD | 8,030.67 | 28.07 | 225,443.0 |
EICHER MOTORS LTD | 3,859.11 | 38.51 | 148,615.0 |
TVS MOTOR COMPANY LTD | 2,443.12 | 52.74 | 128,844.0 |
OLA ELECTRIC MOBILITY LTD | -1,782.00 | -12.40 | 22,093.8 |
ATUL AUTO LTD | 18.34 | 73.83 | 1,354.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 6.36 | 83.93 | 533.4 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs HERO MOTOCORP 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.40x |
Max industry PE | 83.93x |
Median industry PE | 38.51x |
Average industry PE | 40.37x |
You may also like the below Video Courses