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HERO MOTOCORP
PS (Price/Sales) Ratio

The Current P/S Ratio of HERO MOTOCORP is 2.38.

Share Price ₹4,768.7Nov 21,2024
Market Cap ₹95,374.0 Cr
Sales-TTM₹40,098.3 CrTTM-Consolidated Results
Price/Sales2.38xCalculated 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 [ ₹95,374.0 Cr] as on Nov 21,2024

(/) Sales [ ₹40,098.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.38x ]

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 '2.38 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 2.38x.

- HERO MOTOCORP 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.68x.

- HERO MOTOCORP 's operated at median p/e ratio of 1.55x 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 Mar2020 of 1.09x.


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 40,098.32.3895,374.0
BAJAJ AUTO LTD48,899.65.43265,503.0
EICHER MOTORS LTD17,091.07.83133,801.0
TVS MOTOR COMPANY LTD41,864.92.71113,508.0
WARDWIZARD INNOVATIONS & MOBILITY LTD344.03.201,100.1
ATUL AUTO LTD631.22.391,507.9

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 2.38x
Max industry PS 7.83x
Median industry PS 3.20x
Average industry PS 3.99x



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