PCl5 exists but PH5 does not?

PCl5 exists but PH5 does not?

In case of PCl5 since Chlorine is more electronegative than Phosphorus thus it gets partial positive charge. Thus the orbitals undergo hybridisation.

While in case of PH5, hydrogen is only very slightly more electronegative than Phosphorus so does not pull significantly on the surrounding electronic charge. Phosphorus pentahydride is a very highly unstable compound and PH5 does not form.