Valuation · at the close on 16 Oct 2026

Hinopak Motors Limited (HINO) valuation

At Rs 308.28 (close on 16 Oct 2026) HINO trades at 22.9× earnings (TTM to Jun 2026), below its five-year average of 99.8× and above the Automobile Assembler median of 6.3×. The shares are priced at 1.22× book value (sector median 1.82×). Enterprise value of Rs 9.7 bn is 7.2× EBITDA. The dividend yield is 3.5%, against a five-year average of 0.0%.

P/E · today

22.9×

TTM to Jun 2026

5-yr average99.8× Sector median6.3×

P/B · today

1.22×

Quarter to Jun 2026

5-yr average1.31× Sector median1.82×

EV/EBITDA · today

7.2×

5-yr average8.1× Sector median3.2×

Dividend yield · today

3.5%

FY2026

5-yr average0.0% Payers' median4.5%

Market value Rs 7.6 bn at Rs 308.28. Sector medians use the latest close of 10 Automobile Assembler companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

HINO valuation history (annual) (Rs bn)

Rs bn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 Apr 2010 – Mar 2011	FY2010 Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2007 Jan – Dec 2007
Market capitalisation	7.5	9.1	5.9	5.0	8.0	9.8	3.8	4.9	14.4	19.8	12.2	10.5	5.3	1.1	0.9	1.4	2.2	3.5	7.4
Enterprise value	9.5	9.5	8.0	4.6	5.0	9.4	7.8	11.6	9.5	17.0	8.5	7.9	3.9	1.6	2.0	1.6	2.7	—	7.3
Share price (period end) Rs	301.78	365.38	237.00	200.50	321.00	394.50	200.89	260.24	764.25	1,053.86	645.49	560.35	281.91	57.79	48.25	72.58	116.25	186.17	395.20
P/E (diluted)	13.83×	55.95×	—	310.15×	19.09×	—	—	—	12.52×	17.72×	10.92×	9.83×	8.51×	37.27×	35.33×	—	—	—	12.61×
Price to book	1.23×	1.66×	1.11×	0.96×	1.60×	2.27×	2.21×	1.38×	2.72×	4.16×	2.83×	2.65×	1.57×	0.43×	0.36×	0.54×	1.23×	—	3.42×
Price to sales	0.68×	0.88×	0.77×	0.38×	0.64×	0.93×	0.29×	0.26×	0.54×	0.88×	0.67×	0.83×	0.58×	0.14×	0.10×	0.15×	0.20×	—	0.95×
EV / EBITDA	6.28×	11.15×	18.07×	6.00×	5.28×	28.84×	—	18.29×	4.00×	9.50×	4.22×	5.44×	4.27×	3.19×	3.35×	3.62×	23.01×	—	6.90×
EV / Sales	0.86×	0.92×	1.05×	0.35×	0.40×	1.03×	0.59×	0.61×	0.36×	0.75×	0.47×	0.62×	0.42×	0.21×	0.23×	0.17×	0.24×	—	0.94×
Dividend yield (gross)	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	17.6%	5.8%	5.6%	6.6%	4.4%	0.4%	1.8%	0.0%	0.0%	0.0%	—	1.7%
Free cash flow yield	(25.2%)	17.9%	(43.1%)	(53.7%)	32.0%	17.1%	71.4%	(215.0%)	18.2%	1.4%	14.6%	15.8%	35.7%	58.9%	(98.5%)	11.4%	39.4%	—	5.7%
PEG ratio	0.06×	0.25×	—	(3.23×)	0.08×	—	—	—	4.76×	30.23×	2.92×	0.14×	0.00×	2.75×	0.19×	—	—	—	0.15×
P/E (diluted, normalised)	9.75×	53.05×	—	225.70×	18.21×	—	—	—	12.51×	17.72×	10.92×	9.83×	8.33×	37.27×	35.33×	—	—	—	12.38×
Price to book — 5-year average	1.31×	1.50×	1.53×	1.60×	2.08×	2.71×	2.81×	2.82×	2.87×	2.58×	1.80×	1.29×	0.85×	—	—	—	—	—	1.94×
EV / EBITDA — 5-year average	8.09×	10.93×	18.34×	18.38×	11.69×	12.17×	8.73×	6.59×	5.47×	5.84×	4.37×	4.36×	4.58×	—	—	—	—	—	4.14×
Dividend yield — 5-year average	0.0%	0.0%	0.0%	3.3%	4.7%	5.6%	6.6%	6.6%	5.2%	5.0%	4.4%	2.6%	0.4%	—	—	—	—	—	2.9%

HINO valuation: frequently asked questions

What is HINO's P/E ratio? +

At the closing price of Rs 308.28 on 16 Oct 2026, HINO trades at a P/E of 22.9× based on EPS of Rs 13.47 (TTM to Jun 2026).

What is HINO's book value per share? +

Hinopak Motors Limited's book value per share was Rs 244.55 at the end of FY2026. The shares trade at 1.22× book value.

Information only, not investment advice.