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SBI LIFE INSURANCE COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of SBI LIFE INSURANCE COMPANY is 11.04.

Share Price ₹1,608.6Nov 04,2024
Market Cap ₹161,160.6 Cr
Book Value₹14,591.5 CrMar2024 - Standalone Results
Price/Book 11.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SBI LIFE INSURANCE COMPANY

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of SBI LIFE INSURANCE COMPANY is calculated as :

Current Market Cap [ ₹161,160.6 Cr] as on Nov 04,2024

(/) Book Value [ ₹14,591.5 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 11.04x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for SBI LIFE INSURANCE COMPANY , the investors are currently willing to pay '11.04 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of SBI LIFE INSURANCE COMPANY !

The chart below summarizes the trend in P/B Ratio of SBI LIFE INSURANCE COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of SBI LIFE INSURANCE COMPANY


PB Ratio Performance Analysis for SBI LIFE INSURANCE COMPANY

- SBI LIFE INSURANCE COMPANY 's latest p/b ratio is 11.04x.

- SBI LIFE INSURANCE COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.91x.

- SBI LIFE INSURANCE COMPANY 's operated at median p/b ratio of 8.73x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SBI LIFE INSURANCE COMPANY 's p/b ratio peaked in Mar2024 at 10.28x.

- SBI LIFE INSURANCE COMPANY 's p/b ratio hit its five-year low in Mar2020 of 7.22x.


How does SBI LIFE INSURANCE COMPANY 's P/B Ratio benchmark against top 10 peers in Insurance Industry?

Peer Comparison (Insurance Industry)Book ValuePB RatioMarket Cap
SBI LIFE INSURANCE COMPANY 14,591.5011.04161,160.6
LIFE INSURANCE CORPORATION OF INDIA37,691.6015.51584,778.0
HDFC LIFE INSURANCE COMPANY LTD455,134.000.34152,991.0
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD254,774.000.42106,324.0
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD236,082.000.3992,652.4
GENERAL INSURANCE CORPORATION OF INDIA41,934.801.5263,746.1
THE NEW INDIA ASSURANCE COMPANY LTD879.6435.5431,262.6
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD655.9943.7628,708.0

Insurance Industry Benchmark (Top 10) PB Analysis vs SBI LIFE INSURANCE COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.34x
Max industry PB 43.76x
Median industry PB 11.04x
Average industry PB 13.57x



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