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New India Assurance Company Ltd PE Ratio

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New India Assurance Company Ltd

NSE: NIACL

PE

27

Last updated on: Feb 12, 2025

Key Highlights

  • The P/E Ratio of New India Assurance Company Ltd is 27 as of 12 Feb 15:30 PM .
  • The P/E Ratio of New India Assurance Company Ltd changed from 12.8 on March 2020 to 33.6 on March 2024 . This represents a CAGR of 21.29% over 5 years.
  • The Latest Trading Price of New India Assurance Company Ltd is ₹ 162.15 as of 12 Feb 15:30 .
  • The PE Ratio of Insurance Industry has changed from 27.8 to 17.9 in 5 years. This represents a CAGR of -8.43%.
  • The PE Ratio of Automobile industry is 20.3. 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 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of New India Assurance Company Ltd

No data available

Company Fundamentals for New India Assurance Company Ltd

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New India Assurance Company Ltd

NSE: NIACL

Share Price

₹ 162.15

-2.05 (-1.25%)

stock direction

Last updated on: Feb 12, 2025

Market Price of New India Assurance Company Ltd

1M

1Y

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Monitoring New India Assurance Company Ltd 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
12 Feb 2025162.15
11 Feb 2025164.2
10 Feb 2025171.7
07 Feb 2025175.95
06 Feb 2025177.95
05 Feb 2025178.15
04 Feb 2025176.55
03 Feb 2025174.15
01 Feb 2025178.5
31 Jan 2025181.8

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for New India Assurance Company Ltd

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
New India Assurance Company Ltd26722
Life Insurance Corporation of India495121
HDFC Life Insurance Company Ltd135476
ICICI Prudential Life Insurance Company Ltd83761

PE Ratio of New India Assurance Company Ltd Explained

26722

Market cap

988

Earnings

27.0X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Insurance Industry over time

PE Ratio of Top Sectors

Historical Market Cap of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of New India Assurance Company Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of New India Assurance Company Ltd

No data available

* All values are in %

About New India Assurance Company Ltd

  • The New India Assurance Company Limited is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches.
  • The Company's operations are spread across 29 States and seven Union Territories in India and across 26 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd's, London.
  • The Company's insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products.
  • The Company is registered with IRDAI for carrying out the business of general insurance. The New India Assurance Company Limited was incorporated as a Limited Company on July 23, 1919 at Mumbai, Maharashtra, India.

New India Assurance Company Ltd News Hub

New India Assurance slides as Q1 PAT slips 12% YoY

Total income rose 5.71% year on year (YoY) to Rs 9,865.29 crore in the quarter ended 30 June 2024. C

Read more

09 Aug 24

New India Assurance Company consolidated net profit declines 8.04% in the June 2024 quarter

Net profit of New India Assurance Company declined 8.04% to Rs 239.31 crore in the quarter ended Jun

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09 Aug 24

New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 8 August

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01 Aug 24

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company will be h

Read more

05 Sept 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of New India Assurance Company Ltd

What is the current PE Ratio of New India Assurance Company Ltd?

The Current PE Ratio of New India Assurance Company Ltd is 27.03 as on 12 Feb 2025.

What is the average PE Ratio of the Insurance industry?

The average industry PE Ratio of Insurance is 17.9 as on 12 Feb 2025.

What was the PE Ratio of New India Assurance Company Ltd last year?

The PE Ratio of New India Assurance Company Ltd was 15.25 last year, now the PE ratio is 27.03, showing a year-on-year growth of 77.2%.

What does the PE Ratio of New India Assurance Company Ltd indicate about its stock?

The PE Ratio of New India Assurance Company Ltd is 27.03. This ratio indicates that investors are willing to pay 27.03 times the earnings per share for each share of New India Assurance Company Ltd.

What is the PE Ratio Growth of New India Assurance Company Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of New India Assurance Company Ltd grew by 77.2% whereas, the EPS ratio grew by 292.6.
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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