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HERO MOTOCORP
PS (Price/Sales) Ratio

The Current P/S Ratio of HERO MOTOCORP is 2.12.

Share Price ₹5,021.8Jun 18,2026
Market Cap ₹100,486.2 Cr
Sales-TTM₹47,411.2 CrTTM-Consolidated Results
Price/Sales2.12xCalculated 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 [ ₹100,486.2 Cr] as on Jun 18,2026

(/) Sales [ ₹47,411.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.12x ]

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 '2.12 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 2.12x.

- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.82x.

- HERO MOTOCORP 's operated at median p/e ratio of 1.82x 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 Mar2023 of 1.37x.


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 47,411.22.12100,486.2
BAJAJ AUTO LTD62,905.04.48281,630.0
EICHER MOTORS LTD23,407.68.91208,666.0
TVS MOTOR COMPANY LTD56,069.52.93164,316.0
OLA ELECTRIC MOBILITY LTD2,253.08.6819,545.8
ATUL AUTO LTD824.41.581,298.8
WARDWIZARD INNOVATIONS & MOBILITY LTD246.90.82202.5

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 0.82x
Max industry PS 8.91x
Median industry PS 2.93x
Average industry PS 4.22x



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