Hero MotoCorp (NSE:HEROMOTOCO) 3-Year Book Growth Rate : 4.70% (As of Mar. 2024)

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What is Hero MotoCorp 3-Year Book Growth Rate?

Hero MotoCorp's Book Value per Share for the quarter that ended in Mar. 2024 was ₹885.29.

During the past 12 months, Hero MotoCorp's average Book Value per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Hero MotoCorp was 29.40% per year. The lowest was -0.30% per year. And the median was 13.55% per year.

Competitive Comparison of Hero MotoCorp's 3-Year Book Growth Rate

For the Auto Manufacturers subindustry, Hero MotoCorp's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hero MotoCorp's 3-Year Book Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hero MotoCorp's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Hero MotoCorp's 3-Year Book Growth Rate falls into.

Hero MotoCorp 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Hero MotoCorp (NSE:HEROMOTOCO) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Hero MotoCorp 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Hero MotoCorp's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Hero MotoCorp (NSE:HEROMOTOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (NSE:HEROMOTOCO) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (NSE:HEROMOTOCO) Headlines

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