Hero Motocorp P/B Ratio
Hero Motocorp (HEROMOTOCO) P/B ratio is 4.93 (High), book value per share ₹5452.75 vs Automobiles average P/B of 0.56 — Very High - Significant premium, high growth expectations or speculative. Read HEROMOTOCO dividend growth for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HEROMOTOCO P/B Ratio — Valuation Insights & Book Value Analysis
Hero Motocorp price-to-book ratio interpretation, valuation status and historical context — current P/B 4.93 (High). Explore HEROMOTOCO Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
- Stock appears overvalued with PB of 4.93, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 430.1% above historical average
- Trading at premium to sector average PB of 0.56
Hero Motocorp P/B Ratio Historical Trend
HEROMOTOCO annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see HEROMOTOCO stock price BSE.
HEROMOTOCO Historical P/B Ratio — Book Value Per Share & Year-End Price
Hero Motocorp annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.97 | ₹5452.75 | ₹5285.50 | ₹21,811 | Low |
| 2025 | 1.19 | ₹4851.0 | ₹5771.00 | ₹19,404 | Moderate |
| 2024 | 0.91 | ₹4458.75 | ₹4058.75 | ₹17,835 | Low |
| 2023 | 0.94 | ₹4195.25 | ₹3940.65 | ₹16,781 | Low |
| 2022 | 0.64 | ₹3998.75 | ₹2574.25 | ₹15,995 | Low |
HEROMOTOCO vs Automobiles Peers — P/B Ratio Comparison
Hero Motocorp P/B 4.93 vs Automobiles average 0.56, median 0.76 — range -4.47–1.32.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Shivam Autotech | SHIVAMAUTO | -4.47 | ₹219 | Low |
| Innovative Tyre & Tube Lt | ITTL | -2.57 | ₹65 | Low |
| Setco Automotive | SETCO | -0.32 | ₹228 | Low |
| Eraaya Lifespaces | EBIX | -0.3 | ₹546 | Low |
| India Radiators | INRADIA | -0.2 | ₹1 | Low |
| Spectra Industries | SPECTRA | -0.05 | ₹3 | Low |
| Nirbhay Colours | NIRBHAYIND | 0.15 | ₹0 | Low |
| Precision Metaliks | PRECISION | 0.19 | ₹15 | Low |
| Lakshmi Precision Screws | LAKPRE | 0.26 | ₹5 | Low |
| Rasandik Engineering Ind… | RASANDIK | 0.37 | ₹35 | Low |