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HERO MOTOCORP
PS (Price/Sales) Ratio

The Current P/S Ratio of HERO MOTOCORP is 2.27.

Share Price ₹5,760.0Aug 17,2026
Market Cap ₹115,257.6 Cr
Sales-TTM₹50,809.8 CrTTM-Consolidated Results
Price/Sales2.27xCalculated 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 [ ₹115,257.6 Cr] as on Aug 17,2026

(/) Sales [ ₹50,809.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.27x ]

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 '2.27 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 2.27x.

- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 1.88x.

- 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 50,809.82.27115,257.6
BAJAJ AUTO LTD71,460.54.50321,630.0
EICHER MOTORS LTD24,998.18.85221,127.0
TVS MOTOR COMPANY LTD60,155.03.46208,183.0
OLA ELECTRIC MOBILITY LTD1,880.09.6518,143.4
ATUL AUTO LTD890.01.561,386.9
WARDWIZARD INNOVATIONS & MOBILITY LTD276.30.68187.4

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 0.68x
Max industry PS 9.65x
Median industry PS 3.46x
Average industry PS 4.42x



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