HCL Technologies P/B Ratio
HCL Technologies (HCLTECH) P/B ratio is 5.58 (High), book value per share ₹1283.11 vs Information Technology average P/B of -3.93 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see HCLTECH stock live price.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
HCLTECH P/B Ratio — Valuation Insights & Book Value Analysis
HCL Technologies price-to-book ratio interpretation, valuation status and historical context — current P/B 5.58 (High). Check HCLTECH company valuation to track the company's total market size over time.
- Stock appears overvalued with PB of 5.58, 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 355.9% above historical average
- Trading at premium to sector average PB of -3.93
HCL Technologies P/B Ratio Historical Trend
HCLTECH annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Also explore HCLTECH price movement history to track price trends across different timeframes.
HCLTECH Historical P/B Ratio — Book Value Per Share & Year-End Price
HCL Technologies 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 |
|---|---|---|---|---|---|
| 2025 | 1.27 | ₹1283.11 | ₹1623.30 | ₹69,673 | Moderate |
| 2024 | 1.53 | ₹1257.29 | ₹1917.40 | ₹68,271 | Moderate |
| 2023 | 1.22 | ₹1204.38 | ₹1466.10 | ₹65,398 | Moderate |
| 2022 | 0.91 | ₹1141.92 | ₹1039.30 | ₹62,006 | Low |
| 2021 | 1.19 | ₹1106.48 | ₹1319.10 | ₹60,082 | Moderate |
HCLTECH vs Information Technology Peers — P/B Ratio Comparison
HCL Technologies P/B 5.58 vs Information Technology average -3.93, median 0.44 — range -131.16–0.72.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Ace Engitech | ACEENGITEC | -131.16 | ₹12 | Low |
| Virgo Global | VIRGOGLOB | -42.8 | ₹6 | Low |
| Unipro Technologies | UPROTECH | -16.61 | ₹19 | Low |
| ECS Biztech | ECS | -10.01 | ₹22 | Low |
| SecureKloud Technologies | SECURKLOUD | -6.34 | ₹65 | Low |
| Integrated Hi-Tech | INTEGHIT | -5.31 | ₹3 | Low |
| HCL Infosystems | HCL-INSYS | -1.34 | ₹405 | Low |
| Starcom Information Tech… | STARCOM | -0.94 | ₹24 | Low |
| Softbpo Global Services | SOFTBPO | -0.59 | ₹3 | Low |
| Cranes Software Internat… | CRANESSOFT | -0.08 | ₹69 | Low |