HERO MOTOCORP
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The Current P/B Ratio of HERO MOTOCORP is 4.55.
| Share Price | ₹4,014.8 | Jan 27,2025 |
| Market Cap | ₹80,296.0 Cr | |
| Book Value | ₹17,653.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | 4.55x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of HERO MOTOCORP
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹80,296.0 Cr] as on Jan 27,2025
(/) Book Value [ ₹17,653.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.55x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for HERO MOTOCORP , the investors are currently willing to pay '4.55 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of HERO MOTOCORP !
The chart below summarizes the trend in P/B Ratio of HERO MOTOCORP over the last five years.
Thus, for HERO MOTOCORP , the investors are currently willing to pay '4.55 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of HERO MOTOCORP !
The chart below summarizes the trend in P/B Ratio of HERO MOTOCORP over the last five years.
Historical PB (Price/Book ) ratio chart of HERO MOTOCORP
PB Ratio Performance Analysis for HERO MOTOCORP
- HERO MOTOCORP 's latest p/b ratio is 4.55x.
- HERO MOTOCORP 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.41x.
- HERO MOTOCORP 's operated at median p/b ratio of 2.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERO MOTOCORP 's p/b ratio peaked in Mar2024 at 5.34x.
- HERO MOTOCORP 's p/b ratio hit its five-year low in Mar2020 of 2.21x.
- HERO MOTOCORP 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.41x.
- HERO MOTOCORP 's operated at median p/b ratio of 2.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERO MOTOCORP 's p/b ratio peaked in Mar2024 at 5.34x.
- HERO MOTOCORP 's p/b ratio hit its five-year low in Mar2020 of 2.21x.
How does HERO MOTOCORP 's P/B Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
| Peer Comparison (Automobile Two & Three Wheelers Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| HERO MOTOCORP | 17,653.30 | 4.55 | 80,296.0 |
| BAJAJ AUTO LTD | 28,859.80 | 8.11 | 234,028.0 |
| EICHER MOTORS LTD | 17,968.40 | 7.85 | 141,044.0 |
| TVS MOTOR COMPANY LTD | 6,783.51 | 15.60 | 105,802.0 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 101.26 | 8.49 | 859.5 |
| ATUL AUTO LTD | 419.85 | 3.25 | 1,364.0 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PB Analysis vs HERO MOTOCORP 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 3.25x |
| Max industry PB | 15.60x |
| Median industry PB | 8.11x |
| Average industry PB | 7.97x |
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