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ICICI PRUDENTIAL LIFE INSURANCE COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY is 1.02.

Share Price ₹713.8Nov 07,2024
Market Cap ₹103,129.8 Cr
Sales-TTM₹100,649.0 CrTTM-Consolidated Results
Price/Sales1.02xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY is calculated as :

Current Market Cap [ ₹103,129.8 Cr] as on Nov 07,2024

(/) Sales [ ₹100,649.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.02x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for ICICI PRUDENTIAL LIFE INSURANCE COMPANY , the investors are currently willing to pay '1.02 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 PRUDENTIAL LIFE INSURANCE COMPANY !

The chart below summarizes the trend in P/S Ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of ICICI PRUDENTIAL LIFE INSURANCE COMPANY


PS Ratio Performance Analysis for ICICI PRUDENTIAL LIFE INSURANCE COMPANY

- ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's latest p/e ratio is 1.02x.

- ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.82x.

- ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's operated at median p/e ratio of 1.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's p/e ratio peaked in Mar2024 at 2.1x.

- ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's p/e ratio hit its five-year low in Mar2020 of 1.55x.


How does ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's P/S Ratio benchmark against top 10 peers in Insurance Industry?

Peer Comparison (Insurance Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ICICI PRUDENTIAL LIFE INSURANCE COMPANY 100,649.01.02103,129.8
LIFE INSURANCE CORPORATION OF INDIA883,500.00.67588,098.0
SBI LIFE INSURANCE COMPANY LTD151,900.01.05159,341.0
HDFC LIFE INSURANCE COMPANY LTD111,045.01.38153,186.0
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD22,369.44.2494,805.0
GENERAL INSURANCE CORPORATION OF INDIA48,143.01.3765,939.1
THE NEW INDIA ASSURANCE COMPANY LTD44,294.60.7231,814.6
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD15,145.31.9329,280.2

Insurance Industry Benchmark (Top 10) PS Analysis vs ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.67x
Max industry PS 4.24x
Median industry PS 1.37x
Average industry PS 1.55x



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