{"id":344360,"date":"2026-11-12T10:10:47","date_gmt":"2026-11-12T04:40:47","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=344360"},"modified":"2026-11-12T10:10:47","modified_gmt":"2026-11-12T04:40:47","slug":"bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/","title":{"rendered":"Bajaj Auto Share Price: 27.0% CAGR in 3 Years as the Pune Exporter Stands Against Hero MotoCorp and TVS Motor"},"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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Bajaj_Auto_Share_Price_270_CAGR_in_3_Years_as_the_Pune_Exporter_Stands_Against_Hero_MotoCorp_and_TVS_Motor\" title=\"Bajaj Auto Share Price: 27.0% CAGR in 3 Years as the Pune Exporter Stands Against Hero MotoCorp and TVS Motor\">Bajaj Auto Share Price: 27.0% CAGR in 3 Years as the Pune Exporter Stands Against Hero MotoCorp and TVS Motor<\/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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#How_Much_Has_the_Bajaj_Auto_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Bajaj Auto Share Price Returned in 3 Years?\">How Much Has the Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Bajaj_Auto_vs_Hero_MotoCorp_and_TVS_Motor_Company_3-Year_CAGR_Compared\" title=\"Bajaj Auto vs Hero MotoCorp and TVS Motor Company: 3-Year CAGR Compared\">Bajaj Auto vs Hero MotoCorp and TVS Motor Company: 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#What_Is_Driving_the_Bajaj_Auto_Stock\" title=\"What Is Driving the Bajaj Auto Stock?\">What Is Driving the Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#How_to_Compare_Two-Wheeler_Stocks_Yourself\" title=\"How to Compare Two-Wheeler Stocks Yourself\">How to Compare Two-Wheeler 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#An_Exporter_With_the_Highest_ROE_and_the_Largest_Market_Cap_in_Its_Group\" title=\"An Exporter With the Highest ROE and the Largest Market Cap in Its Group\">An Exporter With the Highest ROE and the Largest Market Cap in Its Group<\/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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#What_is_the_Bajaj_Auto_share_price_today\" title=\"What is the Bajaj Auto share price today?\">What is the Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#What_is_the_3-year_CAGR_of_the_Bajaj_Auto_stock\" title=\"What is the 3-year CAGR of the Bajaj Auto stock?\">What is the 3-year CAGR of the Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Is_Bajaj_Auto_better_than_Hero_MotoCorp\" title=\"Is Bajaj Auto better than Hero MotoCorp?\">Is Bajaj Auto better than Hero MotoCorp?<\/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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#What_does_Bajaj_Auto_do\" title=\"What does Bajaj Auto do?\">What does Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Is_the_Bajaj_Auto_stock_debt_free\" title=\"Is the Bajaj Auto stock debt free?\">Is the Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Is_Bajaj_Auto_expensive_compared_with_the_industry\" title=\"Is Bajaj Auto expensive compared with the industry?\">Is Bajaj Auto 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#Which_two-wheeler_stock_gave_the_highest_return_in_3_years\" title=\"Which two-wheeler stock gave the highest return in 3 years?\">Which two-wheeler 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\/bajaj-auto-share-price-3-year-cagr-vs-two-wheeler-peers-hero-motocorp-tvs-motor\/#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=\"Bajaj_Auto_Share_Price_270_CAGR_in_3_Years_as_the_Pune_Exporter_Stands_Against_Hero_MotoCorp_and_TVS_Motor\"><\/span><strong>Bajaj Auto Share Price: 27.0% CAGR in 3 Years as the Pune Exporter Stands Against Hero MotoCorp and TVS Motor<\/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>Bajaj Auto previous close Rs 11,040. 3-year CAGR 27.0%. Up 2.0x since 10 Nov 2023. ROE 35.71%. Market cap Rs 3,03,015 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>Bajaj Auto share price<\/strong> closed at Rs 11,040 on 11 November 2026, a compounded annual return of 27.0% over three years. That compares with Hero MotoCorp at 19.8% and TVS Motor Company at 40.8%. The company has a market cap of Rs 3,03,015 crore and a P\/E of 23.64 against an industry P\/E of 25.73.<\/p>\n<\/p><\/div>\n<p>The <strong>Bajaj Auto share price<\/strong> has almost doubled in three years, and that makes Bajaj Auto the largest of the three listed two-wheeler makers compared here. The Pune-based company sells motorcycles and three-wheelers in India and exports a large share of its output to Africa, Latin America and Asia.<\/p>\n<p>This article compares that run with Hero MotoCorp and TVS Motor Company. 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=bajaj-auto-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_Bajaj_Auto_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Bajaj Auto Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Bajaj Auto stock closed at Rs 5,392.05 on 10 November 2023 and at Rs 11,040.00 on 11 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.05 lakh, which is a CAGR of 27.0%. 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 Bajaj Auto 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>Bajaj Auto share price<\/strong> has also followed steady export demand, a strong position in three-wheelers and the rollout of the Chetak electric scooter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Auto_vs_Hero_MotoCorp_and_TVS_Motor_Company_3-Year_CAGR_Compared\"><\/span><strong>Bajaj Auto vs Hero MotoCorp and TVS Motor Company: 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 10 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 11 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 10 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (11 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 1,631.95<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 4,560.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.8x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">40.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Bajaj Auto<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 5,392.05<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 11,040.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.0x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">27.0%<\/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 3,105.20<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 5,345.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.7x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">19.8%<\/td>\n<\/tr>\n<\/table>\n<p>The Bajaj Auto stock ranks second of the three at 27.0%. It sits ahead of Hero MotoCorp (19.8%). The company ahead is TVS Motor Company (40.8%). TVS Motor leads the group, followed by Bajaj Auto and then Hero MotoCorp. Bajaj Auto is the largest of the three by market cap and carries the highest ROE.<\/p>\n<p>Look at the <strong>Bajaj Auto 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;\">Bajaj Auto<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,03,015 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">23.64<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.73<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">35.71%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.72<\/td>\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 2,16,640 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">54.32<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.73<\/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\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,06,886 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.73<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.73<\/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, Bajaj Auto is the largest of the group at Rs 3,03,015 crore, which gives it the scale advantage over Hero MotoCorp, TVS Motor Company. On earnings, Bajaj Auto shares trade at a P\/E of 23.64 against an industry P\/E of 25.73, a discount of about 8% to the sector, which leaves room if earnings keep growing. Peer multiples are Hero MotoCorp at 17.73 and TVS Motor Company at 54.32.<\/p>\n<p>Return on equity is 35.71% for the Bajaj Auto stock, which ranks first among the three, and debt to equity stands at 0.72. Trailing EPS is Rs 466.34. Exporters like Bajaj Auto earn in several currencies, so the P\/E should be read together with return on equity and the strength of export demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Bajaj_Auto_Stock\"><\/span><strong>What Is Driving the Bajaj Auto Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bajaj Auto sells sports and commuter motorcycles under brands such as Pulsar, along with auto rickshaws and goods carriers in the three-wheeler segment, where it holds a leading position. Exports make up a large part of revenue.<\/p>\n<p>The company also has a long-standing partnership with KTM, the Austrian motorcycle maker, and sells electric scooters under the Chetak name. Its cash generation is strong and debt is modest, which supports capital spending and shareholder payouts.<\/p>\n<p>Followers of the <strong>Bajaj Auto share price<\/strong> usually track monthly export numbers, three-wheeler demand, the Chetak ramp-up and operating margins.<\/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>Hero MotoCorp is a New Delhi-based maker of commuter motorcycles and scooters and is among the largest two-wheeler makers in the world by volume. It compounded at 19.8% a year, on a market cap of Rs 1,06,886 crore and an ROE of 25.64%.<\/p>\n<p>TVS Motor Company is a Chennai-based maker of motorcycles, scooters, mopeds and three-wheelers, with a growing presence in exports and electric vehicles. It compounded at 40.8% a year, on a market cap of Rs 2,16,640 crore and an ROE of 33.72%.<\/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>Bajaj Auto share price<\/strong>. First, export volumes and currency trends. Second, the pace of electric scooter sales. Third, margins as commodity costs and the product mix change.<\/p>\n<p>At a P\/E of 24, the stock trades just below the industry P\/E of 26, and its ROE of 35.71% is the highest of the group. Export markets can be uneven, so follow monthly numbers closely.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of two-wheeler stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Two-Wheeler_Stocks_Yourself\"><\/span><strong>How to Compare Two-Wheeler 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 Bajaj Auto 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>Bajaj Auto 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>Bajaj Auto share price<\/strong> and compare auto stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"An_Exporter_With_the_Highest_ROE_and_the_Largest_Market_Cap_in_Its_Group\"><\/span><strong>An Exporter With the Highest ROE and the Largest Market Cap in Its Group<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Bajaj Auto share price<\/strong> compounded at 27.0% a year over three years, ahead of Hero MotoCorp at 19.8% and behind TVS Motor at 40.8%. Its ROE of 35.71% is the highest of the three.<\/p>\n<p>TVS Motor brings the faster return, while Hero MotoCorp brings the lowest P\/E. The choice depends on whether you prefer an export-led model or a domestic one.<\/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_Bajaj_Auto_share_price_today\"><\/span><strong>What is the Bajaj Auto share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto closed at Rs 11,040 on 11 November 2026, according to NSE data. It has a market cap of Rs 3,03,015 crore and a P\/E of 23.64. 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_Bajaj_Auto_stock\"><\/span><strong>What is the 3-year CAGR of the Bajaj Auto stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto delivered a price CAGR of 27.0% over three years, moving from Rs 5,392.05 on 10 November 2023 to Rs 11,040.00 on 11 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Bajaj_Auto_better_than_Hero_MotoCorp\"><\/span><strong>Is Bajaj Auto better than Hero MotoCorp?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto delivered a higher three-year CAGR at 27.0% than Hero MotoCorp at 19.8%. Bajaj Auto is larger by market cap at Rs 3,03,015 crore against Rs 1,06,886 crore and has a higher ROE at 35.71% against 25.64%, while Hero MotoCorp trades at a lower P\/E of 17.73 against 23.64. The better choice depends on your view of each business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Bajaj_Auto_do\"><\/span><strong>What does Bajaj Auto do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto is a Pune-based maker of motorcycles and three-wheelers that sells in India and exports to many countries in Africa, Latin America and Asia.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Bajaj_Auto_stock_debt_free\"><\/span><strong>Is the Bajaj Auto stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Bajaj Auto stock is 0.72 and its return on equity is 35.71%. 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_Bajaj_Auto_expensive_compared_with_the_industry\"><\/span><strong>Is Bajaj Auto expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto trades at a P\/E of 23.64 against an industry P\/E of 25.73. 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_two-wheeler_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which two-wheeler 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 40.8%, followed by Bajaj Auto at 27.0%. 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 Bajaj Auto share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bajaj Auto closed at Rs 11,040 on 11 November 2026, according to NSE data. It has a market cap of Rs 3,03,015 crore and a P\/E of 23.64. 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See how it compares with Hero MotoCorp and TVS Motor on returns, valuation and ROE.<\/p>\n","protected":false},"author":35,"featured_media":344359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[574,22331,22330,22332],"class_list":["post-344360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-bajaj-auto-share-price","tag-bajaj-auto-stock","tag-bajaj-auto-vs-hero-motocorp","tag-two-wheeler-exporters-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["344359"],"rank_math_title":["Bajaj Auto Share Price: 27.0% CAGR vs Hero, TVS Motor"],"rank_math_description":["Bajaj Auto share price compounded at 27.0% a year over 3 years. 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