HERO MOTOCORP
|
The Current P/S Ratio of HERO MOTOCORP is 2.72.
Share Price | ₹5,141.4 | May 16,2024 |
Market Cap | ₹102,775.6 Cr | |
Sales-TTM | ₹37,788.6 Cr | TTM-Consolidated Results |
Price/Sales | 2.72x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹102,775.6 Cr] as on May 16,2024
(/) Sales [ ₹37,788.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.72x ]
Thus, for HERO MOTOCORP , the investors are currently willing to pay '2.72 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 Mar2023 to Mar2019 averaged 1.48x.
- HERO MOTOCORP 's operated at median p/e ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERO MOTOCORP 's p/e ratio peaked in Mar2021 at 1.88x.
- 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 | 37,788.6 | 2.72 | 102,775.6 |
BAJAJ AUTO LTD | 44,870.4 | 5.52 | 247,768.0 |
EICHER MOTORS LTD | 16,535.8 | 7.75 | 128,098.0 |
TVS MOTOR COMPANY LTD | 39,144.7 | 2.58 | 101,084.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 321.4 | 4.24 | 1,364.0 |
ATUL AUTO LTD | 517.4 | 3.07 | 1,587.4 |
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 | 2.58x |
Max industry PS | 7.75x |
Median industry PS | 4.24x |
Average industry PS | 4.31x |
You may also like the below Video Courses