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Life Insurance Corporation Of India PB Ratio

Life Insurance Corporation Of India PB Ratio

stocks purchased

₹ 3.7 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

39.9 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Life Insurance Corporation of India

NSE: LICI

PB

7.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Life Insurance Corporation of India is 7.1 as of 07 Nov 24.
  • The P/B Ratio of Life Insurance Corporation of India changed from 7.3 on March 2023 to 7 on March 2024 . This represents a CAGR of -2.08% over 2 years. .

Historical P/B Ratio of Life Insurance Corporation of India

No data available

Company Fundamentals for Life Insurance Corporation of India

Market Cap

588,098 Cr

EPS

66.1

P/E Ratio (TTM) *

14.1

P/B Ratio (TTM) *

7.1

Day’s High *

936.0

Day’s Low

914.7

DTE *

0.0

ROE *

49.4

52 Week High

1221.5

52 Week Low

598.5

ROCE *

0.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Life 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 Market Price

Date
leftPrice (₹)right
07 Nov 2024929.8
06 Nov 2024945.1
05 Nov 2024927.75
04 Nov 2024924.55
01 Nov 2024930.45
31 Oct 2024922.6
30 Oct 2024934.95
29 Oct 2024934.2
28 Oct 2024915.3
25 Oct 2024903.75

SWOT Analysis Of Life Insurance Corporation of India

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Life Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Life Insurance Corporation of India

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Life Insurance Corporation of India

Share Price

₹920

PB Ratio

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 Life Insurance Corporation of India

No data available

* All values are in crore

Historical Revenue of Life Insurance Corporation of India

No data available

* All values are in crore

Historical EBITDA of Life Insurance Corporation of India

No data available

* All values are in crore

Historical Net Profit of Life Insurance Corporation of India

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Life Insurance Corporation of India News Hub

News

Life Insurance Corporation of India to discuss results

Life Insurance Corporation of India will hold a meeting of the Board of Directors of the C...

Read more

25 Oct 202411:16

News

Life Insurance Corporation of India reduces stake in Mahanagar Gas Ltd.

Life Insurance Corporation of India ('the Corporation') has decreased its shareholding in ...

Read more

27 Sep 202416:19

News

Life Insurance Corporation of India announces resignation of Chief Risk Officer

Life Insurance Corporation of India announced the resignation of S Sunder Krishnan vide le...

Read more

26 Sep 202417:47

News

LIC selects Infosys to execute its digital transformation programme

Life Insurance Corporation of India (LIC) has undertaken a digital transformation programm...

Read more

16 Sep 202410:58

News

LIC pares stake in Aurobindo Pharma

The life insurer sold ‬‬ 1,61,98,470 shares, or 2.745% equity, at an average cost of Rs 1,...

Read more

14 Sep 202415:16

News

LIC hikes stake in IRCTC

The life insurer purchased 1,61,56,976 shares, or 2.020% equity, at an average cost of Rs ...

Read more

13 Sep 202410:31

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Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

June 2024

TranscriptPPT

May 2024

PPT

June 2023

TranscriptPPT

May 2023

PPT

Sep 2022

PPT

FAQs for PB Ratio of Life Insurance Corporation of India

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

The current PB ratio of Life Insurance Corporation of India is 7.09. 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 Life 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 Life 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 Life Insurance Corporation of India calculated?

The PB ratio of Life 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 Life Insurance Corporation of India?

A high PB ratio suggests that Life 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 Life Insurance Corporation of India?

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

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

Yes, the PB ratio of Life 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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