HDFC LIFE INSURANCE COMPANY
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The Current P/E Ratio of HDFC LIFE INSURANCE COMPANY is 90.35.
Share Price | ₹710.9 | Nov 04,2024 |
Market Cap | ₹152,989.1 Cr | |
Earnings-TTM | ₹1,693.3 Cr | TTM-Consolidated Results |
Price/Earnings | 90.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HDFC LIFE INSURANCE COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹152,989.1 Cr] as on Nov 04,2024
(/) Earnings [ ₹1,693.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 90.35x ]
Thus, for HDFC LIFE INSURANCE COMPANY , the investors are currently willing to pay 90.35 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HDFC LIFE INSURANCE COMPANY !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HDFC LIFE INSURANCE COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of HDFC LIFE INSURANCE COMPANY
PE Ratio Performance Analysis for HDFC LIFE INSURANCE COMPANY
- HDFC LIFE INSURANCE COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- HDFC LIFE INSURANCE COMPANY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HDFC LIFE INSURANCE COMPANY 's p/e ratio peaked in Mar2024 at 0x.
- HDFC LIFE INSURANCE COMPANY 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does HDFC LIFE INSURANCE COMPANY 's P/E Ratio benchmark against top 10 peers in Insurance Industry?
Peer Comparison (Insurance Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HDFC LIFE INSURANCE COMPANY | 1,693.33 | 90.35 | 152,989.1 |
LIFE INSURANCE CORPORATION OF INDIA | 37,372.30 | 15.65 | 584,778.0 |
SBI LIFE INSURANCE COMPANY LTD | 2,181.49 | 73.88 | 161,164.0 |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD | 875.92 | 121.39 | 106,324.0 |
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD | 2,225.28 | 41.64 | 92,652.4 |
GENERAL INSURANCE CORPORATION OF INDIA | 6,679.83 | 9.54 | 63,746.1 |
THE NEW INDIA ASSURANCE COMPANY LTD | 1,327.14 | 23.56 | 31,262.6 |
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 862.09 | 33.30 | 28,708.0 |
Insurance Industry Benchmark (Top 10) PE Analysis vs HDFC LIFE INSURANCE COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.54x |
Max industry PE | 121.39x |
Median industry PE | 41.64x |
Average industry PE | 51.16x |
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