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HERO MOTOCORP
PS (Price/Sales) Ratio

The Current P/S Ratio of HERO MOTOCORP is 2.29.

Share Price ₹5,422.0Aug 03,2026
Market Cap ₹108,494.2 Cr
Sales-TTM₹47,411.2 CrTTM-Consolidated Results
Price/Sales2.29xCalculated 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 [ ₹108,494.2 Cr] as on Aug 03,2026

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

(=) P/S Ratio [ 2.29x ]

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 '2.29 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 2.29x.

- 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 47,411.22.29108,494.2
BAJAJ AUTO LTD71,460.54.43316,251.0
EICHER MOTORS LTD24,998.18.79219,617.0
TVS MOTOR COMPANY LTD60,155.03.43206,235.0
OLA ELECTRIC MOBILITY LTD2,253.07.9617,930.4
ATUL AUTO LTD824.41.901,567.4
WARDWIZARD INNOVATIONS & MOBILITY LTD246.90.83204.3

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 0.83x
Max industry PS 8.79x
Median industry PS 3.43x
Average industry PS 4.23x



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