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New India Assurance Company Ltd PE Ratio

New India Assurance Company Ltd PE Ratio

stocks purchased

₹ 1.4 Cr

Volume Transacted

(Nov 14, 2024)

stocks purchased

80.0 K

Stocks Traded

(Nov 14, 2024)

Last Updated on: Nov 17, 2024

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New India Assurance Company Ltd

NSE: NIACL

PE

21.3

Last updated on: Nov 17, 2024

Key Highlights

  • The P/E Ratio of New India Assurance Company Ltd is 21.3 as of 17 Nov 15:30 PM.
  • The P/E Ratio of New India Assurance Company Ltd changed from 52 on March 2019 to 33.6 on March 2024 . This represents a CAGR of -7.02% over 6 years. .
  • The Latest Trading Price of New India Assurance Company Ltd is ₹ 176.1 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 New India Assurance Company Ltd

No data available

Company Fundamentals for New India Assurance Company Ltd

No data available

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New India Assurance Company Ltd

NSE: NIACL

PRICE

₹ 176.1

1.65 (0.95%)

stock direction

Last updated on: Nov 14 03:30 PM

Market Price Over Time

1M

1Y

3Y

5Y

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
14 Nov 2024176.1
13 Nov 2024174.45
12 Nov 2024180.9
11 Nov 2024184.75
08 Nov 2024185.5
07 Nov 2024193.05
06 Nov 2024194.15
05 Nov 2024189.7
04 Nov 2024189.7
01 Nov 2024199.6

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for New India Assurance Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Key Valuation Metric of New India Assurance Company Ltd

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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 of New India Assurance Company Ltd

No data available

* All values are in crore

Historical EBITDA of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Net Profit of New India Assurance Company Ltd

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

News

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 Ju...

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2024-08-09 00:00:00

News

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...

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2024-08-09 00:00:00

News

New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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2024-08-01 00:00:00

News

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company...

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2024-09-05 00:00:00

News

New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

Read more

2024-10-19 00:00:00

Product Composition

Document

Annual Reports

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Credit Ratings

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Concalls

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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 21.32 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 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 21.32, showing a year-on-year growth of 39.8%.

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 21.32. This ratio indicates that investors are willing to pay 21.32 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 39.8% whereas, the EPS ratio grew by -62.8.
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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