Bharti Hexacom P/B Ratio
Bharti Hexacom (BHARTIHEXA) P/B ratio is 9.96 (High), book value per share ₹286.60 vs Telecom average P/B of 3.6 — Very High - Significant premium, high growth expectations or speculative. Analyse Bharti Hexacom ownership pattern to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
BHARTIHEXA P/B Ratio — Valuation Insights & Book Value Analysis
Bharti Hexacom price-to-book ratio interpretation, valuation status and historical context — current P/B 9.96 (High). View BHARTIHEXA annual price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 9.96, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 46.9% above historical average
- Trading at premium to sector average PB of 3.6
Bharti Hexacom P/B Ratio Historical Trend
BHARTIHEXA annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see BHARTIHEXA stock price BSE.
BHARTIHEXA Historical P/B Ratio — Book Value Per Share & Year-End Price
Bharti Hexacom annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 4.81 | ₹286.6 | ₹1379.20 | ₹7,165 | High |
| 2025 | 7.68 | ₹237.28 | ₹1821.70 | ₹5,932 | High |
| 2024 | 7.85 | ₹185.56 | ₹1456.90 | ₹4,639 | High |
BHARTIHEXA vs Telecom Peers — P/B Ratio Comparison
Bharti Hexacom P/B 9.96 vs Telecom average 3.6, median 2.49 — range -4.32–14.92.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Vodafone Idea | IDEA | -4.32 | ₹145,938 | Low |
| City Online Services | CITYONLINE | -3.92 | ₹4 | Low |
| Aksh Optifibre | AKSHOPTFBR | -3.63 | ₹115 | Low |
| GTL Infrastructure | GTLINFRA | -0.26 | ₹1,396 | Low |
| Tata Teleservices Mahara… | TTML | -0.24 | ₹7,075 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.22 | ₹45 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.05 | ₹1,554 | Low |
| GTL | GTL | -0.02 | ₹107 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹246 | Low |