HERO MOTOCORP
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The Current P/S Ratio of HERO MOTOCORP is 2.38.
Share Price | ₹4,768.7 | Nov 21,2024 |
Market Cap | ₹95,374.0 Cr | |
Sales-TTM | ₹40,098.3 Cr | TTM-Consolidated Results |
Price/Sales | 2.38x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HERO MOTOCORP
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
HERO MOTOCORP | 40,098.3 | 2.38 | 95,374.0 |
BAJAJ AUTO LTD | 48,899.6 | 5.43 | 265,503.0 |
EICHER MOTORS LTD | 17,091.0 | 7.83 | 133,801.0 |
TVS MOTOR COMPANY LTD | 41,864.9 | 2.71 | 113,508.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 344.0 | 3.20 | 1,100.1 |
ATUL AUTO LTD | 631.2 | 2.39 | 1,507.9 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs HERO MOTOCORP 's P/S Ratio
Top 10 Industry Peers | PS 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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