HERO MOTOCORP
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The Current P/S Ratio of HERO MOTOCORP is 2.46.
Share Price | ₹4,814.7 | Nov 07,2024 |
Market Cap | ₹96,293.0 Cr | |
Sales-TTM | ₹39,148.4 Cr | TTM-Consolidated Results |
Price/Sales | 2.46x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HERO MOTOCORP
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹96,293.0 Cr] as on Nov 07,2024
(/) Sales [ ₹39,148.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.46x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay '2.46 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of HERO MOTOCORP !
The chart below summarizes the trend in P/S Ratio of HERO MOTOCORP over the last five years.
Historical PS (Price/Sales) ratio chart of HERO MOTOCORP
PS Ratio Performance Analysis for HERO MOTOCORP
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.68x.
- HERO MOTOCORP 's operated at median p/e ratio of 1.55x 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 2.5x.
- HERO MOTOCORP 's p/e ratio hit its five-year low in Mar2020 of 1.09x.
How does HERO MOTOCORP 's P/S Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HERO MOTOCORP | 39,148.4 | 2.46 | 96,293.0 |
BAJAJ AUTO LTD | 48,899.6 | 5.63 | 275,377.0 |
EICHER MOTORS LTD | 16,942.5 | 7.89 | 133,681.0 |
TVS MOTOR COMPANY LTD | 41,864.9 | 2.81 | 117,779.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 344.0 | 3.54 | 1,216.4 |
ATUL AUTO LTD | 602.7 | 2.83 | 1,703.9 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs HERO MOTOCORP 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.46x |
Max industry PS | 7.89x |
Median industry PS | 3.54x |
Average industry PS | 4.19x |
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