Eccentricity of a hyperbola is always greater than 1. e = √2 for a rectangular hyperbola (a = b). e → 1⁺ gives a very elongated hyperbola; e → ∞ gives one approaching a pair of lines. Directrices at x = ±a/e (between vertices and centre).
Derivation
By the focus-directrix property, for a point P(x1,y1) on the right branch of x2/a2−y2/b2=1 with focus S′(c,0) and directrix x=a/e:
Directrix location: The directrix x=a/e lies between the centre and the vertex (a/e<a since e>1) — the opposite of the ellipse, where the directrix lies outside the curve.
Eccentricity of the conjugate hyperbola: For x2/a2−y2/b2=−1 (equivalently y2/b2−x2/a2=1), eccentricity e2=1+a2/b2=c/b.
The relation e121+e221=1 holds between a hyperbola and its conjugate.