HERO MOTOCORP
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The Current P/E Ratio of HERO MOTOCORP is 21.01.
| Share Price | ₹5,660.0 | Aug 05,2026 |
| Market Cap | ₹113,256.6 Cr | |
| Earnings-TTM | ₹5,391.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.01x | 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 [ ₹113,256.6 Cr] as on Aug 05,2026
(/) Earnings [ ₹5,391.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.01x ]
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 21.01 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 21.01 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 21.01x.
- 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 | 5,391.12 | 21.01 | 113,256.6 |
| BAJAJ AUTO LTD | 10,995.50 | 29.19 | 321,012.0 |
| EICHER MOTORS LTD | 4,964.32 | 44.18 | 219,315.0 |
| TVS MOTOR COMPANY LTD | 3,645.63 | 57.56 | 209,860.0 |
| OLA ELECTRIC MOBILITY LTD | -1,833.00 | -10.46 | 19,170.9 |
| ATUL AUTO LTD | 43.23 | 37.31 | 1,613.0 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 1.89 | 108.56 | 204.9 |
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 | -10.46x |
| Max industry PE | 108.56x |
| Median industry PE | 37.31x |
| Average industry PE | 41.05x |
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