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General Insurance Corporation Of India PB Ratio

General Insurance Corporation Of India PB Ratio

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₹ 0.9 Cr

Volume transacted

stocks purchased

22.7 K

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Last Updated time: 18 Sep 9.00 AM

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General Insurance Corporation of India

NSE: GICRE

PB

1.2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of General Insurance Corporation of India is 1.2 as of 18 Sep 24.
  • The P/B Ratio of General Insurance Corporation of India changed from 0.6 on March 2022 to 1 on March 2024 . This represents a CAGR of 18.56% over 3 years. .

Historical P/B Ratio of General Insurance Corporation of India

No data available

Company Fundamentals for General Insurance Corporation of India

Market Cap

69,228 Cr

EPS

40.5

P/E Ratio (TTM) *

9.7

P/B Ratio (TTM) *

1.2

Day’s High *

396.5

Day’s Low

391.3

DTE *

0.0

ROE *

12.3

52 Week High

467.0

52 Week Low

212.2

ROCE *

9.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring General Insurance Corporation of India share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024394.6
17 Sep 2024393.9
16 Sep 2024394.9
13 Sep 2024393.35
12 Sep 2024392.85
11 Sep 2024385.15
10 Sep 2024395.05
09 Sep 2024403.65
06 Sep 2024383.75
05 Sep 2024397.6

SWOT Analysis Of General Insurance Corporation of India

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for General Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of General Insurance Corporation of India

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of General Insurance Corporation of India

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of General Insurance Corporation of India

No data available

* All values are in crore

Historical Revenue of General Insurance Corporation of India

No data available

* All values are in crore

Historical EBITDA of General Insurance Corporation of India

No data available

* All values are in crore

Historical Net Profit of General Insurance Corporation of India

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

General Insurance Corporation of India News Hub

News

General Insurance Corp declines for fourth consecutive session

The stock has lost 8.69% in four sessions, from its recent closing high of Rs 421.80 recor...

Read more

06 Sep 202412:28

News

General Insurance Corporation of India schedules AGM

General Insurance Corporation of India announced that the Annual General Meeting (AGM) of ...

Read more

06 Sep 202416:34

News

General Insurance Corporation of India leads losers in 'A' group

Thomas Cook (India) Ltd, Oil India Ltd, Ahluwalia Contracts (India) Ltd and KSB Ltd are am...

Read more

04 Sep 202415:00

News

General Insurance Corp slumps as OFS begins; govt proposes to sell upto 11.9 crore shares

General Insurance Corporation of India tumbled 5.59% to end at Rs 397.70 after the Preside...

Read more

04 Sep 202416:44

News

General Insurance Corporation of India schedules board meeting

General Insurance Corporation of India will hold a meeting of the Board of Directors of th...

Read more

02 Aug 202417:49

News

Board of General Insurance Corporation of India recommends final dividend

General Insurance Corporation of India announced that the Board of Directors of the Compan...

Read more

29 May 202410:01

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FAQs for PB Ratio of General Insurance Corporation of India

What is the PB ratio of General Insurance Corporation of India?

The current PB ratio of General Insurance Corporation of India is 1.2. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy General Insurance Corporation of India stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for General Insurance Corporation of India. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of General Insurance Corporation of India calculated?

The PB ratio of General Insurance Corporation of India is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for General Insurance Corporation of India?

A high PB ratio suggests that General Insurance Corporation of India’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for General Insurance Corporation of India?

A low PB ratio of General Insurance Corporation of India may indicate that the stock is undervalued or it is facing financial difficulties.

Can General Insurance Corporation of India PB Ratio change over time?

Yes, the PB ratio of General Insurance Corporation of India can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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