According to Hero MotoCorp
's latest financial reports the company has a price-to-book ratio of 5.10.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 4.64 | 42.46% |
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 | -14.99% |
2012-12-31 | 8.22 |