HFCL P/B Ratio
HFCL (HFCL) P/B ratio is 6.81 (High), book value per share ₹319.67 vs Telecom average P/B of 3.45 — Very High - Significant premium, high growth expectations or speculative. View HFCL 52-week for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HFCL P/B Ratio — Valuation Insights & Book Value Analysis
HFCL price-to-book ratio interpretation, valuation status and historical context — current P/B 6.81 (High). Review HFCL PE ratio trends to evaluate earnings-based valuation against sector peers.
- Stock appears overvalued with PB of 6.81, 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 1602.5% above historical average
- Trading at premium to sector average PB of 3.45
HFCL P/B Ratio Historical Trend
HFCL 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. For live price, earnings yield and the full fundamental profile, see HFCL share price today.
HFCL Historical P/B Ratio — Book Value Per Share & Year-End Price
HFCL 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 | 0.62 | ₹319.67 | ₹196.85 | ₹4,891 | Low |
| 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 |
HFCL vs Telecom Peers — P/B Ratio Comparison
HFCL P/B 6.81 vs Telecom average 3.45, median 1.98 — range -4.23–14.56.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| City Online Services | CITYONLINE | -4.23 | ₹4 | Low |
| Vodafone Idea | IDEA | -4.09 | ₹146,371 | Low |
| Aksh Optifibre | AKSHOPTFBR | -2.93 | ₹90 | Low |
| GTL Infrastructure | GTLINFRA | -0.31 | ₹1,601 | Low |
| Tata Teleservices Mahara… | TTML | -0.28 | ₹7,867 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.21 | ₹41 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.06 | ₹1,744 | Low |
| GTL | GTL | -0.02 | ₹113 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹235 | Low |