{"id":343132,"date":"2026-11-10T12:16:59","date_gmt":"2026-11-10T06:46:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=343132"},"modified":"2026-11-10T12:16:59","modified_gmt":"2026-11-10T06:46:59","slug":"eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/","title":{"rendered":"Eicher Motors Share Price: 29.1% CAGR in 3 Years as the Royal Enfield Maker Holds Its Own Against TVS Motor and Hero"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Eicher_Motors_Share_Price_291_CAGR_in_3_Years_as_the_Royal_Enfield_Maker_Holds_Its_Own_Against_TVS_Motor_and_Hero\" title=\"Eicher Motors Share Price: 29.1% CAGR in 3 Years as the Royal Enfield Maker Holds Its Own Against TVS Motor and Hero\">Eicher Motors Share Price: 29.1% CAGR in 3 Years as the Royal Enfield Maker Holds Its Own Against TVS Motor and Hero<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#How_Much_Has_the_Eicher_Motors_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Eicher Motors Share Price Returned in 3 Years?\">How Much Has the Eicher Motors Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Eicher_Motors_vs_TVS_Motor_Company_and_Hero_MotoCorp_3-Year_CAGR_Compared\" title=\"Eicher Motors vs TVS Motor Company and Hero MotoCorp: 3-Year CAGR Compared\">Eicher Motors vs TVS Motor Company and Hero MotoCorp: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#What_Is_Driving_the_Eicher_Motors_Stock\" title=\"What Is Driving the Eicher Motors Stock?\">What Is Driving the Eicher Motors Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#How_to_Compare_Auto_Stocks_Yourself\" title=\"How to Compare Auto Stocks Yourself\">How to Compare Auto Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#A_Premium_Brand_With_Almost_No_Debt\" title=\"A Premium Brand With Almost No Debt\">A Premium Brand With Almost No Debt<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#What_is_the_Eicher_Motors_share_price_today\" title=\"What is the Eicher Motors share price today?\">What is the Eicher Motors share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#What_is_the_3-year_CAGR_of_the_Eicher_Motors_stock\" title=\"What is the 3-year CAGR of the Eicher Motors stock?\">What is the 3-year CAGR of the Eicher Motors stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Is_Eicher_Motors_better_than_TVS_Motor\" title=\"Is Eicher Motors better than TVS Motor?\">Is Eicher Motors better than TVS Motor?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#What_does_Eicher_Motors_do\" title=\"What does Eicher Motors do?\">What does Eicher Motors do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Is_the_Eicher_Motors_stock_debt_free\" title=\"Is the Eicher Motors stock debt free?\">Is the Eicher Motors stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Is_Eicher_Motors_expensive_compared_with_the_industry\" title=\"Is Eicher Motors expensive compared with the industry?\">Is Eicher Motors expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#Which_auto_stock_gave_the_highest_return_in_3_years\" title=\"Which auto stock gave the highest return in 3 years?\">Which auto stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/eicher-motors-share-price-3-year-cagr-vs-auto-peers-tvs-motor-hero\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Eicher_Motors_Share_Price_291_CAGR_in_3_Years_as_the_Royal_Enfield_Maker_Holds_Its_Own_Against_TVS_Motor_and_Hero\"><\/span><strong>Eicher Motors Share Price: 29.1% CAGR in 3 Years as the Royal Enfield Maker Holds Its Own Against TVS Motor and Hero<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Eicher Motors previous close Rs 7,629. 3-year CAGR 29.1%. Up 2.2x since 9 Nov 2023. ROE 21.97%. Market cap Rs 2,09,186 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Eicher Motors share price<\/strong> closed at Rs 7,629 on 9 November 2026, a compounded annual return of 29.1% over three years. That compares with TVS Motor Company at 39.9% and Hero MotoCorp at 19.5%. The company has a market cap of Rs 2,09,186 crore and a P\/E of 36.24 against an industry P\/E of 25.70.<\/p>\n<\/p><\/div>\n<p>The <strong>Eicher Motors share price<\/strong> has more than doubled in three years, which puts Eicher Motors among the strongest large companies in the Indian auto sector. The owner of the Royal Enfield brand has built a loyal buyer base in mid-size motorcycles.<\/p>\n<p>This article compares that run with TVS Motor Company and Hero MotoCorp. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=eicher-motors-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Eicher_Motors_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Eicher Motors Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Eicher Motors stock closed at Rs 3,541.90 on 9 November 2023 and at Rs 7,629.00 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.15 lakh, which is a CAGR of 29.1%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Eicher Motors can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Eicher Motors share price<\/strong> has also been supported by premium motorcycle demand, a widening range of models and growing exports to markets such as Europe, Latin America and South Asia.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Eicher_Motors_vs_TVS_Motor_Company_and_Hero_MotoCorp_3-Year_CAGR_Compared\"><\/span><strong>Eicher Motors vs TVS Motor Company and Hero MotoCorp: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 9 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (9 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">TVS Motor Company<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,646.90<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,505.90<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.7x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">39.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Eicher Motors<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,541.90<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 7,629.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.2x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">29.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Hero MotoCorp<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,173.90<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 5,410.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.7x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">19.5%<\/td>\n<\/tr>\n<\/table>\n<p>The Eicher Motors stock ranks second of the three at 29.1%. It sits ahead of Hero MotoCorp (19.5%). The company ahead is TVS Motor Company (39.9%). TVS Motor finished ahead of Eicher Motors, and Hero MotoCorp trailed both. Eicher is close in size to TVS Motor by market cap, and nearly double the size of Hero.<\/p>\n<p>Look at the <strong>Eicher Motors share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/tvsmotor\/tvs-motor-company-ltd-share-price-today\">TVS Motor Company<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 2,13,362 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">53.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.70<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">33.72%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">3.48<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/eichermot\/eicher-motors-ltd-share-price-today\">Eicher Motors<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 2,09,186 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">36.24<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.70<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">21.97%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,08,288 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.97<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.70<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.64%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.06<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, TVS Motor Company is the largest of the group at Rs 2,13,362 crore, while the Eicher Motors stock stands at Rs 2,09,186 crore, about 98% of that size. On earnings, Eicher Motors shares trade at a P\/E of 36.24 against an industry P\/E of 25.70, a premium of about 41%, which signals that the market expects faster earnings growth. Peer multiples are TVS Motor Company at 53.50 and Hero MotoCorp at 17.97.<\/p>\n<p>Return on equity is 21.97% for the Eicher Motors stock, which ranks third among the three, and debt to equity stands at 0.02. Trailing EPS is Rs 210.28. Premium motorcycle makers are valued on pricing power and brand strength, so the multiple should be read next to return on equity and the debt position.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Eicher_Motors_Stock\"><\/span><strong>What Is Driving the Eicher Motors Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eicher Motors earns most of its profit from Royal Enfield, which makes classic and mid-size motorcycles in the 350cc and larger segments. The brand commands strong loyalty, which helps pricing and margins.<\/p>\n<p>The company also holds a stake in a commercial vehicle joint venture with Volvo, which makes trucks and buses. This adds a second growth leg that moves with freight demand and infrastructure spending.<\/p>\n<p>Followers of the <strong>Eicher Motors share price<\/strong> usually track monthly Royal Enfield volumes, export growth, new model launches and the margin profile of the motorcycle business.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TVS Motor Company is a Chennai-based maker of motorcycles, scooters and three-wheelers with a growing electric range. It compounded at 39.9% a year, on a market cap of Rs 2,13,362 crore and an ROE of 33.72%.<\/p>\n<p>Hero MotoCorp is India&#8217;s largest two-wheeler maker by volume, with strength in entry-level and commuter motorcycles. It compounded at 19.5% a year, on a market cap of Rs 1,08,288 crore and an ROE of 25.64%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Eicher Motors share price<\/strong>. First, Royal Enfield volumes and new launches. Second, the pace of exports. Third, profit growth in the commercial vehicle venture.<\/p>\n<p>At a P\/E of 36, expectations are meaningful. The business carries almost no debt, with a debt to equity of 0.02, which gives it a cushion if demand softens.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of auto stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Auto_Stocks_Yourself\"><\/span><strong>How to Compare Auto Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Eicher Motors stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Eicher Motors share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Eicher Motors share price<\/strong> and compare auto stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Premium_Brand_With_Almost_No_Debt\"><\/span><strong>A Premium Brand With Almost No Debt<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Eicher Motors share price<\/strong> compounded at 29.1% a year over three years, ahead of Hero MotoCorp at 19.5% and behind TVS Motor at 39.9%. Its ROE of 21.97% and negligible debt reflect a strong financial profile.<\/p>\n<p>TVS Motor brings the faster return and scooter reach, while Hero offers scale and the lowest multiple. The right pick depends on how much you value the premium motorcycle franchise.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Eicher_Motors_share_price_today\"><\/span><strong>What is the Eicher Motors share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eicher Motors closed at Rs 7,629 on 9 November 2026, according to NSE data. It has a market cap of Rs 2,09,186 crore and a P\/E of 36.24. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Eicher_Motors_stock\"><\/span><strong>What is the 3-year CAGR of the Eicher Motors stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eicher Motors delivered a price CAGR of 29.1% over three years, moving from Rs 3,541.90 on 9 November 2023 to Rs 7,629.00 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Eicher_Motors_better_than_TVS_Motor\"><\/span><strong>Is Eicher Motors better than TVS Motor?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> TVS Motor delivered a higher three-year CAGR at 39.9% than Eicher Motors at 29.1%. Eicher has a lower P\/E of 36.24 against 53.50 and nearly no debt, while TVS Motor has a higher ROE at 33.72% against 21.97%. The better choice depends on your view of each business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Eicher_Motors_do\"><\/span><strong>What does Eicher Motors do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eicher Motors is a Delhi-based company that owns the Royal Enfield motorcycle brand and holds a stake in a commercial vehicle joint venture with Volvo.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Eicher_Motors_stock_debt_free\"><\/span><strong>Is the Eicher Motors stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Eicher Motors stock is 0.02 and its return on equity is 21.97%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Eicher_Motors_expensive_compared_with_the_industry\"><\/span><strong>Is Eicher Motors expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eicher Motors trades at a P\/E of 36.24 against an industry P\/E of 25.70. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_auto_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which auto stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, TVS Motor Company delivered the highest three-year CAGR at 39.9%, followed by Eicher Motors at 29.1%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Eicher Motors share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Eicher Motors closed at Rs 7,629 on 9 November 2026, according to NSE data. It has a market cap of Rs 2,09,186 crore and a P\/E of 36.24. 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See how the Royal Enfield maker compares with TVS Motor and Hero MotoCorp on returns and ROE.<\/p>\n","protected":false},"author":35,"featured_media":343131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21802,383,21800,21801],"class_list":["post-343132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-auto-stocks-3-year-return","tag-eicher-motors-share-price","tag-eicher-motors-vs-tvs-motor","tag-royal-enfield-maker-stock"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["343131"],"rank_math_title":["Eicher Motors Share Price: 29.1% CAGR vs TVS, Hero"],"rank_math_description":["Eicher Motors share price compounded at 29.1% a year over 3 years. 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