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Life Insurance Corporation Of India PE Ratio

Life Insurance Corporation Of India PE Ratio

stocks purchased

₹ 4.0 Cr

Volume transacted

stocks purchased

39.3 K

stocks traded

Last Updated time: 20 Sep 15:30 PM

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Life Insurance Corporation of India

NSE: LICI

PE

15.3

Last updated: 20 Sep 15:30 PM

Key Highlights

  • The P/E Ratio of Life Insurance Corporation of India is 15.3 as of 20 Sep 15:30 PM.
  • The P/E Ratio of Life Insurance Corporation of India changed from 9.4 on March 2019 to 14.1 on March 2024 . This represents a CAGR of 22.47% over 2 years. .
  • The Latest Trading Price of Life Insurance Corporation of India is ₹ 1010 as of 20 Sep 15:30.
  • The PE Ratio of Insurance Industry has changed from 29.8 to 11.9 in 5 years. This represents a CAGR of -16.77%.
  • The PE Ratio of Automobile industry is 21.8. The PE Ratio of Finance industry is 17.8. The PE Ratio of Insurance industry is 17.2. The PE Ratio of IT - Software industry is 30.2. The PE Ratio of Retail industry is 164.1. The PE Ratio of Textiles industry is 35.7. In 2024.

Historical P/E Ratio of Life Insurance Corporation of India

No data available

Company Fundamentals for Life Insurance Corporation of India

No data available

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Life Insurance Corporation of India

NSE: LICI

PRICE

1010.55

10.20 (1.02%)

stock direction

Last updated: 20 Sep 15:30

Share 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 Share Price

Date
leftPriceleft
20 Sep 20241010.55
19 Sep 20241000.35
18 Sep 20241018.6
17 Sep 20241021.35
16 Sep 20241027.75
13 Sep 20241034
12 Sep 20241031.45
11 Sep 20241013.1
10 Sep 20241032.35
09 Sep 20241029

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

Competitive Comparison of P/E Ratio

Key Valuation Metric of Life Insurance Corporation of India

No data available

PE Ratio of Insurance Industry over time

PE Ratio of Top Sectors

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

Historical Dividend Payout of Life Insurance Corporation of India

No data available

* All values are in %

About Life Insurance Corporation of India

  • Life Insurance Corporation of India was established on September 01, 1956 under the Life Insurance Corporation Act, 1956.
  • The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance in accordance with the provisions of the Insurance Act.
  • The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed on an annual basis under Section 3A of the Insurance Act.
  • Further, pursuant to amendment to Section 3A of the Insurance Act with effect from December 2014, the process of annual renewal of Certificate of Registration was discontinued.
  • The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI) and is subject to such provisions of Insurance Regulatory and Development Authority (IRDA) Act, 1999 as amended, and regulations that are not inconsistent with the Act.

Life Insurance Corporation of India News Hub

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

News

Life Insurance Corporation reduces stake held in Aurobindo Pharma

Life Insurance Corporation of India has decreased its shareholding in equity shares of Aur...

Read more

13 Sep 202421:01

News

LIC commences full operations in Bangladesh

Life Insurance Corporation of India announced that LIC of Bangladesh has resumed its full ...

Read more

03 Sep 202415:47

News

LIC pares stake in HDFC AMC

The life insurer sold ‬‬ 43,28,776 shares, or 2.026% equity, at an average cost of Rs 4,21...

Read more

31 Aug 202417:04

Product Composition

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FAQs for PE of Life Insurance Corporation of India

What is the current PE Ratio of Life Insurance Corporation of India?

The Current PE Ratio of Life Insurance Corporation of India is 15.28 as on 20 Sep 2024.

What is the average PE Ratio of the Insurance industry?

The average industry PE Ratio of Insurance is 17.2 as on 20 Sep 2024.

What was the PE Ratio of Life Insurance Corporation of India last year?

The PE Ratio of Life Insurance Corporation of India was 9.39 last year, now the PE ratio is 15.28, showing a year-on-year growth of 62.7%.

What does the PE Ratio of Life Insurance Corporation of India indicate about its stock?

The PE Ratio of Life Insurance Corporation of India is 15.28. This ratio indicates that investors are willing to pay 15.28 times the earnings per share for each share of Life Insurance Corporation of India.

What is the PE Ratio Growth of Life Insurance Corporation of India in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Life Insurance Corporation of India grew by 62.7% whereas, the EPS ratio grew by -23.5.
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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