HERO MOTOCORP
|
The Current P/E Ratio of HERO MOTOCORP is 23.21.
| Share Price | ₹5,755.2 | Feb 09,2026 |
| Market Cap | ₹115,161.6 Cr | |
| Earnings-TTM | ₹4,962.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.21x | 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 [ ₹115,161.6 Cr] as on Feb 09,2026
(/) Earnings [ ₹4,962.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.21x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay 23.21 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 Mar2025 to Mar2021 averaged 19.73x.
- 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 Mar2023 of 16.69x.
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 | 4,962.64 | 23.21 | 115,161.6 |
| BAJAJ AUTO LTD | 9,853.79 | 27.19 | 267,964.0 |
| EICHER MOTORS LTD | 4,403.80 | 44.79 | 197,257.0 |
| TVS MOTOR COMPANY LTD | 3,095.63 | 57.75 | 178,773.0 |
| OLA ELECTRIC MOBILITY LTD | -2,280.00 | -6.10 | 13,916.2 |
| ATUL AUTO LTD | 30.80 | 43.68 | 1,345.2 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 11.53 | 20.09 | 231.6 |
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 | -6.10x |
| Max industry PE | 57.75x |
| Median industry PE | 27.19x |
| Average industry PE | 30.09x |
You may also like the below Video Courses