HERO MOTOCORP
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The Current P/E Ratio of HERO MOTOCORP is 20.17.
| Share Price | ₹4,340.9 | Jan 31,2025 |
| Market Cap | ₹86,817.0 Cr | |
| Earnings-TTM | ₹4,304.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.17x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HERO MOTOCORP
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹86,817.0 Cr] as on Jan 31,2025
(/) Earnings [ ₹4,304.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.17x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HERO MOTOCORP , the investors are currently willing to pay 20.17 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HERO MOTOCORP !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HERO MOTOCORP over the last five years.
Thus, for HERO MOTOCORP , the investors are currently willing to pay 20.17 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HERO MOTOCORP !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HERO MOTOCORP over the last five years.
Historical PE (Price/Earnings) ratio chart of HERO MOTOCORP
PE Ratio Performance Analysis for HERO MOTOCORP
- HERO MOTOCORP 's latest p/e ratio is 20.17x.
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.08x.
- HERO MOTOCORP 's operated at median p/e ratio of 19.81x 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 25.18x.
- HERO MOTOCORP 's p/e ratio hit its five-year low in Mar2020 of 8.75x.
- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.08x.
- HERO MOTOCORP 's operated at median p/e ratio of 19.81x 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 25.18x.
- HERO MOTOCORP 's p/e ratio hit its five-year low in Mar2020 of 8.75x.
How does HERO MOTOCORP 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
| Peer Comparison (Automobile Two & Three Wheelers Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HERO MOTOCORP | 4,303.96 | 20.17 | 86,817.0 |
| BAJAJ AUTO LTD | 8,030.67 | 30.78 | 247,171.0 |
| EICHER MOTORS LTD | 3,734.24 | 38.15 | 142,457.0 |
| TVS MOTOR COMPANY LTD | 2,161.27 | 54.02 | 116,750.0 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 5.41 | 153.77 | 831.9 |
| ATUL AUTO LTD | 14.68 | 97.72 | 1,434.5 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs HERO MOTOCORP 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 20.17x |
| Max industry PE | 153.77x |
| Median industry PE | 54.02x |
| Average industry PE | 65.77x |
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