HERO MOTOCORP
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The Current P/E Ratio of HERO MOTOCORP is 18.54.
| Share Price | ₹5,353.0 | Sep 25,2026 |
| Market Cap | ₹107,113.5 Cr | |
| Earnings-TTM | ₹5,776.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 18.54x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HERO MOTOCORP
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹107,113.5 Cr] as on Sep 25,2026
(/) Earnings [ ₹5,776.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.54x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HERO MOTOCORP , the investors are currently willing to pay 18.54 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.
Thus, for HERO MOTOCORP , the investors are currently willing to pay 18.54 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 latest p/e ratio is 18.54x.
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 19.26x.
- HERO MOTOCORP 's operated at median p/e ratio of 17.64x 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.
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 19.26x.
- HERO MOTOCORP 's operated at median p/e ratio of 17.64x 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 | 5,776.73 | 18.54 | 107,113.5 |
| BAJAJ AUTO LTD | 10,995.50 | 28.34 | 311,628.0 |
| EICHER MOTORS LTD | 4,964.32 | 40.67 | 201,911.0 |
| TVS MOTOR COMPANY LTD | 3,645.63 | 54.21 | 197,636.0 |
| OLA ELECTRIC MOBILITY LTD | -1,741.00 | -10.24 | 17,819.4 |
| ATUL AUTO LTD | 49.21 | 25.23 | 1,241.5 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 0.94 | 178.38 | 167.9 |
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 | -10.24x |
| Max industry PE | 178.38x |
| Median industry PE | 28.34x |
| Average industry PE | 47.88x |
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