HFCL
|
The Current P/E Ratio of HFCL is 43.75.
| Share Price | ₹264.9 | Oct 21,2026 |
| Market Cap | ₹40,537.9 Cr | |
| Earnings-TTM | ₹926.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 43.75x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HFCL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹40,537.9 Cr] as on Oct 21,2026
(/) Earnings [ ₹926.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.75x ]
Thus, for HFCL , the investors are currently willing to pay 43.75 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HFCL !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HFCL over the last five years.
Historical PE (Price/Earnings) ratio chart of HFCL
PE Ratio Performance Analysis for HFCL
- HFCL 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 39.47x.
- HFCL 's operated at median p/e ratio of 33.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HFCL 's p/e ratio peaked in Mar2025 at 64.24x.
- HFCL 's p/e ratio hit its five-year low in Mar2023 of 26.43x.
How does HFCL 's P/E Ratio benchmark against top 10 peers in Telecom-Infrastructure Industry?
| Peer Comparison (Telecom-Infrastructure Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HFCL | 926.66 | 43.75 | 40,537.9 |
| PACE DIGITEK LTD | 315.07 | 10.41 | 3,278.8 |
| BONDADA ENGINEERING LTD | 212.73 | 14.41 | 3,065.4 |
| VINDHYA TELELINKS LTD | 2.56 | 1,250.11 | 3,196.5 |
| GTL INFRASTRUCTURE LTD | 1,081.08 | 1.18 | 1,280.9 |
| STL NETWORKS LTD | -98.57 | -19.32 | 1,904.8 |
| SAR TELEVENTURE LTD | 40.29 | 10.22 | 411.7 |
Telecom-Infrastructure Industry Benchmark (Top 10) PE Analysis vs HFCL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -19.32x |
| Max industry PE | 1,250.11x |
| Median industry PE | 10.41x |
| Average industry PE | 187.25x |
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