HFCL P/B Ratio
HFCL (HFCL) P/B ratio is 6.56 (High), book value per share ₹323.46 vs Telecom average P/B of 3.61 — Very High - Significant premium, high growth expectations or speculative. Explore HFCL investment value to estimate fundamental worth using multiple valuation models.
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 6.56 (High). For live price, earnings yield and the full fundamental profile, see HFCL share price today.
- Stock appears overvalued with PB of 6.56, 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 1454.5% above historical average
- Trading at premium to sector average PB of 3.61
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. Read HFCL ex-dividend dates for the complete payout history and dividend yield track record.
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 | 0.73 | ₹323.46 | ₹236.64 | ₹4,949 | 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 6.56 vs Telecom average 3.61, median 2.43 — range -4.55–14.82.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aksh Optifibre | AKSHOPTFBR | -4.55 | ₹143 | Low |
| Vodafone Idea | IDEA | -4.53 | ₹162,190 | Low |
| City Online Services | CITYONLINE | -3.64 | ₹4 | Low |
| GTL Infrastructure | GTLINFRA | -0.29 | ₹1,486 | Low |
| Tata Teleservices Mahara… | TTML | -0.25 | ₹6,960 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.21 | ₹41 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.05 | ₹1,499 | Low |
| GTL | GTL | -0.02 | ₹112 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹279 | Low |