HFCL
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The Current P/B Ratio of HFCL is 4.72.
Share Price | ₹100.6 | May 03,2024 |
Market Cap | ₹14,513.6 Cr | |
Book Value | ₹3,077.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.72x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HFCL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,513.6 Cr] as on May 03,2024
(/) Book Value [ ₹3,077.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.72x ]
Thus, for HFCL , the investors are currently willing to pay '4.72 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of HFCL !
The chart below summarizes the trend in P/B Ratio of HFCL over the last five years.
Historical PB (Price/Book ) ratio chart of HFCL
PB Ratio Performance Analysis for HFCL
- HFCL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.21x.
- HFCL 's operated at median p/b ratio of 2.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HFCL 's p/b ratio peaked in Mar2022 at 3.87x.
- HFCL 's p/b ratio hit its five-year low in Mar2020 of 0.7x.
How does HFCL 's P/B Ratio benchmark against top 10 peers in Telecom-Infrastructure Industry?
Peer Comparison (Telecom-Infrastructure Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HFCL | 3,077.65 | 4.72 | 14,513.6 |
VINDHYA TELELINKS LTD | 3,411.48 | 0.87 | 2,955.6 |
GTL INFRASTRUCTURE LTD | -4,540.74 | -0.49 | 2,202.8 |
SUYOG TELEMATICS LTD | 222.26 | 6.00 | 1,332.5 |
Telecom-Infrastructure Industry Benchmark (Top 10) PB Analysis vs HFCL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.49x |
Max industry PB | 6.00x |
Median industry PB | 4.72x |
Average industry PB | 2.77x |
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