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Life Insurance Corporation Of India PE Ratio

Life Insurance Corporation Of India PE Ratio

stocks purchased

₹ 7.1 Cr

Volume Transacted

(Nov 14, 2024)

stocks purchased

78.1 K

Stocks Traded

(Nov 14, 2024)

Last Updated on: Nov 17, 2024

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Life Insurance Corporation of India

NSE: LICI

PE

13.8

Last updated on: Nov 17, 2024

Key Highlights

  • The P/E Ratio of Life Insurance Corporation of India is 13.8 as of 17 Nov 15:30 PM.
  • The P/E Ratio of Life Insurance Corporation of India changed from 9.4 on March 2023 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 ₹ 908.3 as of 14 Nov 15:30.
  • The PE Ratio of Insurance Industry has changed from 29.8 to 12.2 in 5 years. This represents a CAGR of -16.36%.
  • The PE Ratio of Automobile industry is 20.2. The PE Ratio of Finance industry is 17.8. The PE Ratio of Insurance industry is 17.9. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 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

₹ 908.3

10.45 (1.16%)

stock direction

Last updated on: Nov 14 03:30 PM

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
14 Nov 2024908.3
13 Nov 2024897.85
12 Nov 2024921.45
11 Nov 2024918.55
08 Nov 2024914.75
07 Nov 2024929.8
06 Nov 2024945.1
05 Nov 2024927.75
04 Nov 2024924.55
01 Nov 2024930.45

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

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 pares stake in Hindustan Copper

The life insurer sold ‬‬ 2,01,62,682 shares, or 2.085% equity, at an average cost of Rs 22...

Read more

2024-08-19 00:00:00

News

Life Insurance Corporation pares stake held in Hindustan Copper

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

Read more

2024-08-19 00:00:00

News

LIC PAT climbs 9% YoY to Rs 10,461 crore in Q1 FY25

In terms of market share measured by First Year Premium Income (FYPI) (as per IRDAI), LIC ...

Read more

2024-08-09 00:00:00

News

Life Insurance Corporation of India consolidated net profit rises 9.44% in the June 2024 quarter

Net profit of Life Insurance Corporation of India rose 9.44% to Rs 10544.33 crore in the q...

Read more

2024-08-09 00:00:00

News

Life Insurance Corporation of India launches four new life insurance plans

Life Insurance Corporation of India has launched four new Non-Par, Non-Linked, Life, Indiv...

Read more

2024-08-05 00:00:00

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

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 13.84 as on 17 Nov 2024.

What is the average PE Ratio of the Insurance industry?

The average industry PE Ratio of Insurance is 17.9 as on 17 Nov 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 13.84, showing a year-on-year growth of 47.4%.

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 13.84. This ratio indicates that investors are willing to pay 13.84 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 47.4% whereas, the EPS ratio grew by -26.7.
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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