HFCL P/B Ratio
HFCL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.37
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
2.37
Current Price
₹72.64
Book Value/Share
₹286.04
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹4,119 Cr
Share Capital
₹144 Cr
Reserves & Surplus
₹3,935 Cr
Outstanding Shares
144,000,000
Book Value per Share
₹286.04
Valuation Signal
Signal
Fairly Valued
Historical Avg
0.38
Historical Range
0.24 - 0.52
Percentile
100.0%
Sector Context
Sector Average
3.23
Sector Median
1.39
Sector Rank
#11 of 43
Sector Percentile
25.6%
Key P/B Ratio Insights for HFCL
- Current PB is 523.7% above historical average
- Trading at discount to sector average PB of 3.23
P/B Ratio Historical Trend for HFCL
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for HFCL
Additional stock information and data for HFCL
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.24 | ₹286.04 | ₹67.79 | ₹4,119 | Low |
| 2024 | 0.41 | ₹277.78 | ₹112.63 | ₹4,000 | Low |
| 2023 | 0.37 | ₹227.83 | ₹84.15 | ₹3,144 | Low |
| 2022 | 0.36 | ₹204.2 | ₹73.70 | ₹2,818 | Low |
| 2021 | 0.52 | ₹150.31 | ₹78.80 | ₹1,924 | Low |
Sector P/B Ratio Comparison
Comparing HFCL with other companies in Telecom sector
Sector Average
3.23
Sector Median
1.39
Lowest P/B
-3.56
Highest P/B
16.3
Companies
43
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aksh Optifibre | AKSHOPTFBR | -3.56 | ₹75 | Low |
| City Online Services | CITYONLINE | -3.06 | ₹3 | Low |
| Vodafone Idea | IDEA | -1.14 | ₹92,958 | Low |
| Tata Teleservices Mahara… | TTML | -0.35 | ₹7,108 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.21 | ₹41 | Low |
| GTL Infrastructure | GTLINFRA | -0.21 | ₹1,332 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.05 | ₹1,559 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| GTL | GTL | -0.01 | ₹94 | Low |
| Reliance Communications | RCOM | 0.0 | ₹227 | Low |