Hinduja Global SolutionsNSE:HGS +0.82%68 PB Ratio is 0.23 as of Jul. 11, 2026, which is 70% below its 10-year median of 0.77. GuruFocus rates NSE:HGS with a GF Score™ of 68/100 and a GF Value™ of ₹739.83 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,048 Business Services companies, Hinduja Global Solutions ranks better than 97.61% on this metric.
The historical rank and industry rank for Hinduja Global Solutions's PB Ratio or its related term are showing as below:
NSE:HGS'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.77 Max: 3.07
Current: 0.23
During the past 13 years, Hinduja Global Solutions's highest PB Ratio was 3.07. The lowest was 0.20. And the median was 0.77.
NSE:HGS's PB Ratio is ranked better than 97.61% of 1048
companies
in the Business Services industry
Industry Median: 1.655
vs NSE:HGS: 0.23
During the past 12 months, Hinduja Global Solutions's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 25.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hinduja Global Solutions was 5056.90% per year. The lowest was -5.00% per year. And the median was 11.10% per year.
Back to Basics: PB Ratio
Hinduja Global Solutions (NSE:HGS) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Business Services subindustry, Hinduja Global Solutions's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hinduja Global Solutions PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Hinduja Global Solutions's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hinduja Global Solutions's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Hinduja Global Solutions (NSE:HGS) has a PB Ratio of 0.23 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hinduja Global Solutions and its competitors. This is 70% below median its historical median of 0.77. Over the past decade, Hinduja Global Solutions' PB Ratio has ranged from 0.20 to 3.07. According to the industry distribution chart, Hinduja Global Solutions ranks #25 out of 1048 companies in the Business Services industry, placing it in the top 2.4%.
Is Hinduja Global Solutions' PB Ratio too high?
Hinduja Global Solutions' current PB Ratio of 0.23 is 70% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.07. The Business Services industry median PB Ratio is 1.66. Hinduja Global Solutions' value of 0.23 is 86.1% below this industry median. Based on the distribution chart, Hinduja Global Solutions ranks #25 out of 1048 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hinduja Global Solutions has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hinduja Global Solutions' PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hinduja Global Solutions ranks #25 out of 1048 companies for PB Ratio. This places Hinduja Global Solutions in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.66. Hinduja Global Solutions' value of 0.23 is 86.1% below this benchmark. Historically, Hinduja Global Solutions' own PB Ratio has ranged from 0.20 to 3.07 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.66, Hinduja Global Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hinduja Global Solutions's current PB Ratio of 0.23 is 86.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hinduja Global Solutions and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinduja Global Solutions's current PB Ratio is 0.23, which is 70% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinduja Global Solutions stock overvalued right now?
Based on GuruFocus' analysis, Hinduja Global Solutions (NSE:HGS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹739.83, compared to a current price of ₹413.25 — trading 44.1% below its estimated fair value. The current PB Ratio is 0.23, which is 70% below median its 10-year median of 0.77 and 86.1% below the Business Services industry median of 1.66. Hinduja Global Solutions' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Hinduja Global Solutions (NSE:HGS), the current PB Ratio is 0.23 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hinduja Global Solutions (NSE:HGS) Overvalued in 2026?
Based on GuruFocus' analysis, Hinduja Global Solutions stock appears to be undervalued.
The current stock price of ₹413.25 is trading 44.1% below its estimated GF Value™ of ₹739.83.
GuruFocus considers Hinduja Global Solutions to be Possible Value Trap.
Key valuation signals for NSE:HGS:
PB Ratio: 0.23 (70% below median its 10-year median of 0.77)
GF Value™: ₹739.83 vs. price of ₹413.25 (44.1% below fair value)
Industry Position: 86.1% below the Business Services median (#25 of 1048)
No single metric tells the full story. See the NSE:HGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hinduja Global Solutions Ltd is engaged in Business Process Management and Media and Communication business. Business Process Management segment offer voice and non-voice based services such as contact center solutions and back office transaction processing across America, Canada, Europe, Asia and Middle East. Its Digital, Media & Communications business, is India's integrated Digital Delivery Platforms Company delivering services via satellite, digital cable and broadband to over 5 million customers across 1,500 cities and towns.
68GF Score
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