HERO MOTOCORP
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The Current P/E Ratio of HERO MOTOCORP is 20.57.
| Share Price | ₹5,100.5 | Apr 30,2026 |
| Market Cap | ₹102,060.0 Cr | |
| Earnings-TTM | ₹4,962.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.57x | 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 [ ₹102,060.0 Cr] as on Apr 30,2026
(/) Earnings [ ₹4,962.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.57x ]
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 20.57 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 20.57 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 20.57x.
- 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.
- 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 | 20.57 | 102,060.0 |
| BAJAJ AUTO LTD | 9,853.79 | 28.36 | 279,435.0 |
| EICHER MOTORS LTD | 4,634.48 | 42.09 | 195,048.0 |
| TVS MOTOR COMPANY LTD | 3,095.63 | 53.59 | 165,900.0 |
| OLA ELECTRIC MOBILITY LTD | -2,203.00 | -7.32 | 16,130.4 |
| ATUL AUTO LTD | 30.80 | 43.98 | 1,354.5 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 7.74 | 28.74 | 222.3 |
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 | -7.32x |
| Max industry PE | 53.59x |
| Median industry PE | 28.74x |
| Average industry PE | 30.00x |
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