Hero Motocorp P/B Ratio
Hero Motocorp (HEROMOTOCO) P/B ratio is 4.66 (High), book value per share ₹5452.75 vs Automobiles average P/B of 0.56 — Very High - Significant premium, high growth expectations or speculative. View HEROMOTOCO annual price range for the annual high/low range and current price position.
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 4.66 (High). For live price, earnings yield and the full fundamental profile, see HEROMOTOCO stock price BSE.
- Stock appears overvalued with PB of 4.66, 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 406.5% 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. Review HEROMOTOCO PE ratio trends to evaluate earnings-based valuation against sector peers.
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 | 0.92 | ₹5452.75 | ₹5011.10 | ₹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 4.66 vs Automobiles average 0.56, median 0.75 — range -5.52–1.39.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Shivam Autotech | SHIVAMAUTO | -5.52 | ₹225 | Low |
| Innovative Tyre & Tube Lt | ITTL | -2.56 | ₹72 | Low |
| Setco Automotive | SETCO | -0.32 | ₹245 | 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 | 0.21 | ₹17 | Low |
| Lakshmi Precision Screws | LAKPRE | 0.24 | ₹6 | Low |
| Kairosoft AI Solutions | VOLKAI | 0.26 | ₹9 | Low |