Hero MotoCorp (HEROMOTOCO.NS)

P/B ratio as of November 2024 : 5.29

According to Hero MotoCorp 's latest financial reports the company has a price-to-book ratio of 2.41789.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Hero MotoCorp - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.65	42.7%
2022-12-31	3.26	5.22%
2021-12-31	3.10	-25.68%
2020-12-31	4.17	26.13%
2019-12-31	3.30
2014-12-31	10.4	49.07%
2013-12-31	6.99	-14.95%
2012-12-31	8.22

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Hero MotoCorp (HEROMOTOCO.NS) - P/B ratio