HCG.NS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	87.97B EUR	93.86B EUR	78.41B EUR	92.37B EUR
Enterprise Value	108.33B EUR	93.86B EUR	90.41B EUR	92.37B EUR
Valuation Multiples
Trailing P/E	380.13x	412.03x	569.87x	796.99x
Forward P/E	38.57x	--	--	--
Price to Sales	3.35x	3.58x	3.09x	4.89x
Price to Book	6.4x	--	5.89x	--
EV/Revenue	4.12x	3.58x	3.56x	4.89x
EV/EBITDA	21.88x	18.32x	18.37x	26.13x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	--	--	--	--