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HP Telecom IndiaNSE:HPTL +4.99%18 PB Ratio is 4.03 as of Aug. 22, 2026, which is 24% above its 10-year median of 3.25. GuruFocus rates NSE:HPTL with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,416 Hardware companies, HP Telecom India ranks worse than 69.95% on this metric.
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. As of today (2026-08-22), HP Telecom India's share price is ₹341.10. HP Telecom India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹84.73. Hence, HP Telecom India's PB Ratio of today is 4.03.
The historical rank and industry rank for HP Telecom India's PB Ratio or its related term are showing as below:
NSE:HPTL'
s PB Ratio Range Over the Past 10 Years
Min: 1.84 Med: 3.25 Max: 5.02
Current: 3.84
During the past 5 years, HP Telecom India's highest PB Ratio was 5.02. The lowest was 1.84. And the median was 3.25.
NSE:HPTL's PB Ratio is ranked worse than 69.95% of 2416
companies
in the Hardware industry
Industry Median: 2.27
vs NSE:HPTL: 3.84
During the past 12 months, HP Telecom India's average Book Value Per Share Growth Rate was 33.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 70.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of HP Telecom India was 70.10% per year. The lowest was 69.60% per year. And the median was 69.85% per year.
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.
HP Telecom India PB Ratio Related Terms
HP Telecom India PB Ratio Historical Data
* Premium members only.
The historical data trend for HP Telecom India's PB Ratio can be seen below:
* 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 Electronics & Computer Distribution subindustry, HP Telecom India'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.
HP Telecom India PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, HP Telecom India's PB Ratio distribution charts can be found below:
* The bar in red indicates where HP Telecom India'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.
HP Telecom India (NSE:HPTL) has a PB Ratio of 4.03 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HP Telecom India and its competitors. This is 24% above median its historical median of 3.25. Over the past decade, HP Telecom India's PB Ratio has ranged from 1.84 to 5.02. According to the industry distribution chart, HP Telecom India ranks #1690 out of 2416 companies in the Hardware industry, placing it in the top 70%.
Is HP Telecom India's PB Ratio too high?
HP Telecom India's current PB Ratio of 4.03 is 24% above median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 5.02. The Hardware industry median PB Ratio is 2.27. HP Telecom India's value of 4.03 is 77.5% above this industry median. Based on the distribution chart, HP Telecom India ranks #1690 out of 2416 companies in the Hardware industry, which is below the industry midpoint. Overall, HP Telecom India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does HP Telecom India's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, HP Telecom India ranks #1690 out of 2416 companies for PB Ratio. This places HP Telecom India in the lower half of its industry. The industry median PB Ratio is 2.27. HP Telecom India's value of 4.03 is 77.5% above this benchmark. Historically, HP Telecom India's own PB Ratio has ranged from 1.84 to 5.02 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 2.27, HP Telecom India has consistently been above 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 Hardware company?
The median PB Ratio among Hardware companies is 2.27, based on 2,416 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. HP Telecom India's current PB Ratio of 4.03 is 77.5% above 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 HP Telecom India and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP Telecom India's current PB Ratio is 4.03, which is 24% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP Telecom India stock overvalued right now?
HP Telecom India (NSE:HPTL) has a current PB Ratio of 4.03. The current PB Ratio is 4.03, which is 24% above median its 10-year median of 3.25 and 77.5% above the Hardware industry median of 2.27. HP Telecom India's overall GF Score™ is 18/100 with 3 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 HP Telecom India (NSE:HPTL), the current PB Ratio is 4.03 as of Aug. 22, 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.
HP Telecom India Ltd has been dedicated to providing top-tier telecommunications solutions and services to its clients. It operates with a focus on professionalism, innovation, and customer satisfaction. Currently, the company operates as the exclusive distributor of Apple products across territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and urban centers in Gujarat. It proudly offers Apple's iconic range of devices, comprising the iPhone, iPad, Mac, Apple Watch, and more, catering to the discerning tech-savvy consumers in these regions. While Apple products remain the cornerstone of its distribution portfolio, It also engages in the distribution of select other brands to diversify its offerings and cater to a broader customer base.
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