HERO MOTOCORP
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The Current P/E Ratio of HERO MOTOCORP is 23.73.
Share Price | ₹5,367.5 | Sep 18,2025 |
Market Cap | ₹107,403.7 Cr | |
Earnings-TTM | ₹4,526.8 Cr | TTM-Consolidated Results |
Price/Earnings | 23.73x | Calculated as Market Cap/Earnings |
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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 [ ₹107,403.7 Cr] as on Sep 18,2025
(/) Earnings [ ₹4,526.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.73x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay 23.73 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 | 4,526.79 | 23.73 | 107,403.7 |
BAJAJ AUTO LTD | 8,508.86 | 29.78 | 253,426.0 |
EICHER MOTORS LTD | 4,155.84 | 45.70 | 189,905.0 |
TVS MOTOR COMPANY LTD | 2,594.05 | 64.96 | 168,502.0 |
OLA ELECTRIC MOBILITY LTD | -2,357.00 | -10.80 | 25,454.9 |
ATUL AUTO LTD | 19.64 | 74.73 | 1,467.6 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 5.17 | 67.44 | 348.6 |
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 | -10.80x |
Max industry PE | 74.73x |
Median industry PE | 45.70x |
Average industry PE | 42.22x |
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