HFCL P/B Ratio
HFCL (HFCL) P/B ratio is 4.44 (High), book value per share ₹319.67 vs Telecom average P/B of 3.69 — Very High - Significant premium, high growth expectations or speculative. Compare with HFCL fundamental valuation to assess whether the stock is under or overvalued.
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 4.44 (High). For live price, earnings yield and the full fundamental profile, see HFCL share price today.
- Stock appears overvalued with PB of 4.44, 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 1074.6% above historical average
- Trading at premium to sector average PB of 3.69
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. View HFCL 52-week for the annual high/low range and current price position.
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 | 0.51 | ₹319.67 | ₹162.84 | ₹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 4.44 vs Telecom average 3.69, median 1.76 — range -4.87–18.37.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aksh Optifibre | AKSHOPTFBR | -4.87 | ₹98 | Low |
| City Online Services | CITYONLINE | -3.55 | ₹4 | Low |
| Vodafone Idea | IDEA | -1.7 | ₹140,304 | Low |
| Tata Teleservices Mahara… | TTML | -0.42 | ₹8,213 | Low |
| GTL Infrastructure | GTLINFRA | -0.32 | ₹1,729 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.22 | ₹41 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.06 | ₹1,845 | Low |
| GTL | GTL | -0.02 | ₹120 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹254 | Low |