ICICI LOMBARD GENERAL INSURANCE CO
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The Current P/S Ratio of ICICI LOMBARD GENERAL INSURANCE CO is 4.02.
Share Price | ₹1,685.1 | Mar 28,2024 |
Market Cap | ₹83,022.4 Cr | |
Sales-TTM | ₹20,653.7 Cr | TTM-Standalone Results |
Price/Sales | 4.02x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ICICI LOMBARD GENERAL INSURANCE CO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹83,022.4 Cr] as on Mar 28,2024
(/) Sales [ ₹20,653.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 4.02x ]
Thus, for ICICI LOMBARD GENERAL INSURANCE CO , the investors are currently willing to pay '4.02 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of ICICI LOMBARD GENERAL INSURANCE CO !
The chart below summarizes the trend in P/S Ratio of ICICI LOMBARD GENERAL INSURANCE CO over the last five years.
Historical PS (Price/Sales) ratio chart of ICICI LOMBARD GENERAL INSURANCE CO
PS Ratio Performance Analysis for ICICI LOMBARD GENERAL INSURANCE CO
- ICICI LOMBARD GENERAL INSURANCE CO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.17x.
- ICICI LOMBARD GENERAL INSURANCE CO 's operated at median p/e ratio of 5.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICICI LOMBARD GENERAL INSURANCE CO 's p/e ratio peaked in Mar2021 at 6.52x.
- ICICI LOMBARD GENERAL INSURANCE CO 's p/e ratio hit its five-year low in Mar2023 of 3.54x.
How does ICICI LOMBARD GENERAL INSURANCE CO 's P/S Ratio benchmark against top 10 peers in Insurance Industry?
Peer Comparison (Insurance Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ICICI LOMBARD GENERAL INSURANCE CO | 20,653.7 | 4.02 | 83,022.4 |
LIFE INSURANCE CORPORATION OF INDIA | 809,496.0 | 0.71 | 578,484.0 |
SBI LIFE INSURANCE COMPANY LTD | 118,789.0 | 1.26 | 150,015.0 |
HDFC LIFE INSURANCE COMPANY LTD | 95,530.5 | 1.43 | 136,155.0 |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD | 80,451.3 | 1.09 | 87,726.3 |
GENERAL INSURANCE CORPORATION OF INDIA | 46,827.3 | 1.24 | 57,886.4 |
THE NEW INDIA ASSURANCE COMPANY LTD | 42,035.2 | 0.89 | 37,500.2 |
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 13,467.5 | 2.36 | 31,750.2 |
Insurance Industry Benchmark (Top 10) PS Analysis vs ICICI LOMBARD GENERAL INSURANCE CO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 4.02x |
Median industry PS | 1.26x |
Average industry PS | 1.62x |
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