Is HDB Financial Services the Best Stock in Its Sector? A Look at the Numbers
- September 28, 2026
- Posted by: Lakshit Sharma
- Category: Market
HDB Financial Services CMP Rs 649 (28 Sep 2026). Market cap Rs 53,848 Cr. ROE 12.31%. P/E 19.50x versus Industry P/E 22.61x.
Quick Answer
HDB Financial Services is one of the names investors compare when screening the Finance sector, built on a 12.31% return on equity and a P/E of 19.50x against an Industry P/E of 22.61x. Whether HDB Financial Services is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Finance sector peers, so you can judge that for yourself.
Is HDB Financial Services the best stock in its sector? The stock trades on the NSE at Rs 649 as of 28 September 2026, within its 52-week range of Rs 555.30 to Rs 796.70. HDB Financial Services Ltd is a non-banking finance company promoted by HDFC Bank, lending across enterprise, asset finance and consumer segments.
HDB Financial Services sits in the Finance sector, and its 12.31% ROE and 19.50x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About HDB Financial Services
HDB Financial Services Ltd is a non-banking finance company promoted by HDFC Bank, lending across enterprise, asset finance and consumer segments. The stock is trading in the lower half of its 52-week range. At a market capitalisation of Rs 53,848 Cr, it is tracked as part of the Finance sector on Univest.
Is HDB Financial Services the Best Stock in Its Sector?
HDB Financial Services makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 12.31% ROE with a 19.50x P/E against the sector’s 22.61x Industry P/E. HDB Financial Services’ 19.50x P/E is below the 22.61x Industry P/E with a 12.31% ROE. A debt to equity ratio of 4.80 is typical for a lender but means asset quality matters a great deal.
| Metric | HDB Financial Services |
|---|---|
| CMP (NSE) | Rs 648.65 |
| 52-Week High / Low | Rs 796.70 / Rs 555.30 |
| Market Cap | Rs 53,848 Cr |
| P/E (TTM) vs Industry P/E | 19.50x vs 22.61x |
| P/B | 2.61 |
| ROE | 12.31% |
| EPS (TTM) | Rs 33.23 |
| Dividend Yield | 0.62% |
| Debt to Equity | 4.80 |
Compare HDB Financial Services Against Other Finance Sector Stocks
How HDB Financial Services Compares Against Its Finance Sector Peers
The table below sets HDB Financial Services against 2 other Finance sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| HDB Financial Services | 53,848 | 19.50 | 12.31% | 4.80 |
| Fedbank Financial Services | 5,730 | 14.96 | 11.74% | 4.67 |
| Edelweiss Financial Services | 13,162 | 18.49 | 13.58% | 4.02 |
| Peer average (2 companies) | – | 16.73 | 12.66% | 4.34 |
Against this peer set, HDB Financial Services’s 12.31% ROE is below the 12.66% peer average, and its P/E of 19.50x runs above the peer average of 16.73x. HDB Financial Services’ 19.50x P/E is below the 22.61x Industry P/E with a 12.31% ROE. A debt to equity ratio of 4.80 is typical for a lender but means asset quality matters a great deal.
What Makes HDB Financial Services Worth Watching in Finance
- Below Industry P/E: A 19.50x P/E against a 22.61x Industry P/E is a modest discount for a business with a 12.31% ROE.
- Scale in retail lending: Lending across enterprise, asset finance and consumer segments gives HDB Financial Services a diversified loan book.
- HDFC Bank parentage: Being promoted by HDFC Bank supports its funding access and brand.
HDB Financial Services Valuation: Is It Justified?
HDB Financial Services’ 19.50x P/E is below the 22.61x Industry P/E with a 12.31% ROE. A debt to equity ratio of 4.80 is typical for a lender but means asset quality matters a great deal. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Godrej Agrovet the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track HDB Financial Services and other Finance sector stocks.
How to Track HDB Financial Services Before You Invest
Before deciding whether HDB Financial Services deserves its label as the best stock in its sector for your own portfolio, compare it directly against Finance sector peers using the steps below.
- Open the Univest Screener and search for HDB Financial Services to view live price, valuation ratios, and peer comparisons within the Finance sector.
- Compare its P/E, P/B, and ROE against other Finance sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
HDB Financial Services earns a place in the best stock in its sector conversation on the strength of a 12.31% ROE and a P/E of 19.50x against a 22.61x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is HDB Financial Services the best stock in its sector?
Ans. HDB Financial Services has a 12.31% ROE and trades at 19.50x P/E against a 22.61x Industry P/E, and compares below the peer average ROE of 12.66% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of HDB Financial Services?
Ans. HDB Financial Services was trading at Rs 648.65 on the NSE as of 28 September 2026, within its 52-week range of Rs 555.30 to Rs 796.70.
What sector does HDB Financial Services belong to?
Ans. HDB Financial Services is classified under the Finance sector on Univest.
How does HDB Financial Services compare to its sector peers on P/E?
Ans. HDB Financial Services’s P/E of 19.50x is above the 16.73x average of the 2 named peers compared in this article.
What is HDB Financial Services’s return on equity?
Ans. HDB Financial Services reported a return on equity of 12.31%, which is below the 12.66% average of its named peers in this comparison.
Should I invest in HDB Financial Services based on its sector position?
Ans. HDB Financial Services’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.