Hydrogen De France (XPAR:HDF) PB Ratio: 0.56 (As of Jul. 01, 2026) — 63% Below Median


XPAR:HDF Hydrogen De France XPAR:HDF
73 GF Score
Price €3.21
GF Value €2.46
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hydrogen De France PB Ratio?

Hydrogen De France XPAR:HDF -0.47% 73 PB Ratio is 0.56 as of Jul. 01, 2026, which is 63% below its 10-year median of 1.50. GuruFocus rates XPAR:HDF with a GF Score™ of 73/100 and a GF Value™ of €2.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Hydrogen De France ranks better than 81.21% 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 (2026-07-01), Hydrogen De France's share price is €3.21. Hydrogen De France's Book Value per Share for the quarter that ended in Dec. 2025 was €5.77. Hence, Hydrogen De France's PB Ratio of today is 0.56.

Good Sign:

Hydrogen De France stock PB Ratio (=0.58) is close to 1-year low of 0.57.

The historical rank and industry rank for Hydrogen De France's PB Ratio or its related term are showing as below:

XPAR:HDF' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.5   Max: 99.38
Current: 0.57

During the past 8 years, Hydrogen De France's highest PB Ratio was 99.38. The lowest was 0.47. And the median was 1.50.

XPAR:HDF's PB Ratio is ranked better than
81.21% of 431 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.34 vs XPAR:HDF: 0.57

During the past 12 months, Hydrogen De France's average Book Value Per Share Growth Rate was -6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 47.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hydrogen De France was 234.90% per year. The lowest was -8.90% per year. And the median was 179.00% per year.

Back to Basics: PB Ratio


Hydrogen De France  (XPAR:HDF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Hydrogen De France PB Ratio Related Terms


Hydrogen De France PB Ratio Historical Data

* Premium members only.

The historical data trend for Hydrogen De France'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.

Hydrogen De France PB Ratio Chart

Hydrogen De France Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 3.32 2.74 1.79 0.68 0.61

Hydrogen De France Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 1.79 0.68 0.87 0.61

Hydrogen De France PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Hydrogen De France'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.


Hydrogen De France PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hydrogen De France's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hydrogen De France's PB Ratio falls into.


XPAR:HDF
73GF Score
Hydrogen De France XPAR:HDF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydrogen De France PB Ratio Calculation

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.

Hydrogen De France's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.21/5.765
=0.56

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.56 mean?
Hydrogen De France (XPAR:HDF) has a PB Ratio of 0.56 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hydrogen De France and its competitors. This is 63% below median its historical median of 1.50. Over the past decade, Hydrogen De France's PB Ratio has ranged from 0.47 to 99.38. According to the industry distribution chart, Hydrogen De France ranks #81 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.8%.
Is Hydrogen De France's PB Ratio too high?
Hydrogen De France's current PB Ratio of 0.56 is 63% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 99.38. The Utilities - Independent Power Producers industry median PB Ratio is 1.34. Hydrogen De France's value of 0.56 is 58.2% below this industry median. Based on the distribution chart, Hydrogen De France ranks #81 out of 431 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrogen De France has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen De France's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hydrogen De France ranks #81 out of 431 companies for PB Ratio. This places Hydrogen De France in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.34. Hydrogen De France's value of 0.56 is 58.2% below this benchmark. Historically, Hydrogen De France's own PB Ratio has ranged from 0.47 to 99.38 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.34, Hydrogen De France 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.34, based on 431 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. Hydrogen De France's current PB Ratio of 0.56 is 58.2% 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 Hydrogen De France and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen De France's current PB Ratio is 0.56, which is 63% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen De France stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen De France (XPAR:HDF) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.46, compared to a current price of €3.21 — trading 30.5% above its estimated fair value. The current PB Ratio is 0.56, which is 63% below median its 10-year median of 1.50 and 58.2% below the Utilities - Independent Power Producers industry median of 1.34. Hydrogen De France's overall GF Score™ is 73/100 with 6 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 Hydrogen De France (XPAR:HDF), the current PB Ratio is 0.56 as of Jul. 01, 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 Hydrogen De France (XPAR:HDF) Overvalued in 2026?

Based on GuruFocus' analysis, Hydrogen De France stock appears to be overvalued. The current stock price of €3.21 is trading 30.5% above its estimated GF Value™ of €2.46. GuruFocus considers Hydrogen De France to be Modestly Overvalued.

Key valuation signals for XPAR:HDF:

  • PB Ratio: 0.56 (63% below median its 10-year median of 1.50)
  • GF Value™: €2.46 vs. price of €3.21 (30.5% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 58.2% below the Utilities - Independent Power Producers median (#81 of 431)

No single metric tells the full story. See the XPAR:HDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hydrogen De France Business Description

Other Exchanges 9QW:Germany
Address 20 rue Jean Jaures, Lormont, FRA, 33310
Hydrogen De France is a global pioneer in hydrogen power. The company develops and operates high capacity large-scale Hydrogen-to-Power infrastructure to provide firm or on-demand electricity from renewable energy sources, combined with high power multimegawatt fuel cells.
73GF Score

Get the complete analysis for XPAR:HDF

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.21
Price
€2.46
GF Value