HERO MOTOCORP
|
The Current P/S Ratio of HERO MOTOCORP is 2.45.
Share Price | ₹4,491.9 | Apr 26,2024 |
Market Cap | ₹89,792.1 Cr | |
Sales-TTM | ₹36,606.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.45x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹89,792.1 Cr] as on Apr 26,2024
(/) Sales [ ₹36,606.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.45x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay '2.45 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 | 2.45 | 89,792.1 |
BAJAJ AUTO LTD | 44,870.4 | 5.58 | 250,299.0 |
EICHER MOTORS LTD | 16,084.1 | 7.83 | 125,884.0 |
TVS MOTOR COMPANY LTD | 37,133.7 | 2.58 | 95,825.1 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 321.4 | 5.17 | 1,660.9 |
ATUL AUTO LTD | 517.4 | 2.83 | 1,463.5 |
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 | 2.45x |
Max industry PS | 7.83x |
Median industry PS | 5.17x |
Average industry PS | 4.41x |
You may also like the below Video Courses