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HERO MOTOCORP
PS (Price/Sales) Ratio

The Current P/S Ratio of HERO MOTOCORP is 2.46.

Share Price ₹4,814.7Nov 07,2024
Market Cap ₹96,293.0 Cr
Sales-TTM₹39,148.4 CrTTM-Consolidated Results
Price/Sales2.46xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HERO MOTOCORP

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of HERO MOTOCORP is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 2.46x.

- 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 RatioMarket Cap (Cr)
HERO MOTOCORP 39,148.42.4696,293.0
BAJAJ AUTO LTD48,899.65.63275,377.0
EICHER MOTORS LTD16,942.57.89133,681.0
TVS MOTOR COMPANY LTD41,864.92.81117,779.0
WARDWIZARD INNOVATIONS & MOBILITY LTD344.03.541,216.4
ATUL AUTO LTD602.72.831,703.9

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs HERO MOTOCORP 's P/S Ratio

Top 10 Industry PeersPS 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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