HERO MOTOCORP
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The Current P/S Ratio of HERO MOTOCORP is 2.58.
Share Price | ₹4,717.2 | Mar 28,2024 |
Market Cap | ₹94,296.8 Cr | |
Sales-TTM | ₹36,606.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.58x | 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 [ ₹94,296.8 Cr] as on Mar 28,2024
(/) Sales [ ₹36,606.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.58x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay '2.58 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 Mar2023 to Mar2019 averaged 1.48x.
- HERO MOTOCORP 's operated at median p/e ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERO MOTOCORP 's p/e ratio peaked in Mar2021 at 1.88x.
- 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 | 36,606.2 | 2.58 | 94,296.8 |
BAJAJ AUTO LTD | 42,244.7 | 6.13 | 258,965.0 |
EICHER MOTORS LTD | 16,084.1 | 6.84 | 110,055.0 |
TVS MOTOR COMPANY LTD | 37,133.7 | 2.75 | 102,213.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 243.9 | 6.07 | 1,481.3 |
ATUL AUTO LTD | 517.4 | 2.55 | 1,321.8 |
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 | 2.55x |
Max industry PS | 6.84x |
Median industry PS | 6.07x |
Average industry PS | 4.49x |
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