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Hero MotoCorp Limited HEROMOTOCO.NS
IN · National Stock Exchange of India · XNSE · stock · Consumer Cyclical · website
Hero MotoCorp Limited statistics & valuation
Market cap₹967.4B
P / E16.8×
P / S2.0×
P / B4.5×
P / FCF13.4×
Dividend yield3.63%
Net margin12.1%
Return on equity26.6%
FCF margin15.2%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Hero MotoCorp Limited trades at about 16.7× earnings — near its 10-year norm (10-year range 17.5×–24.3×, median 18.2×).
16.7×
24.3×
Shaded band = 10-year range (17.5×–24.3×); dot = today's 16.7×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 33.2% | 34.2% | 31.8% | 28.8% |
| Operating margin | 12.8% | 12.5% | 12.2% | 10.2% |
| Net margin | 12.1% | 10.7% | 10.0% | 8.3% |
| FCF margin | 15.2% | 8.4% | 11.0% | 6.0% |
| Return on assets | 17.2% | 15.4% | 14.3% | 11.7% |
| Return on equity | 26.6% | 22.7% | 21.2% | 16.9% |
| Debt / equity | — | — | 0.00× | 0.00× |
| Current ratio | 1.91 | 1.80 | 1.46 | 1.57 |
Source: company filings via Yahoo Finance · IN · as of 2026-03-31. Figures in INR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.