ICICI PRUDENTIAL LIFE INSURANCE COMPANY
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The Current P/S Ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY is 1.02.
Share Price | ₹713.8 | Nov 07,2024 |
Market Cap | ₹103,129.8 Cr | |
Sales-TTM | ₹100,649.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.02x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of ICICI PRUDENTIAL LIFE INSURANCE COMPANY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ICICI PRUDENTIAL LIFE INSURANCE COMPANY | 100,649.0 | 1.02 | 103,129.8 |
LIFE INSURANCE CORPORATION OF INDIA | 883,500.0 | 0.67 | 588,098.0 |
SBI LIFE INSURANCE COMPANY LTD | 151,900.0 | 1.05 | 159,341.0 |
HDFC LIFE INSURANCE COMPANY LTD | 111,045.0 | 1.38 | 153,186.0 |
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD | 22,369.4 | 4.24 | 94,805.0 |
GENERAL INSURANCE CORPORATION OF INDIA | 48,143.0 | 1.37 | 65,939.1 |
THE NEW INDIA ASSURANCE COMPANY LTD | 44,294.6 | 0.72 | 31,814.6 |
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 15,145.3 | 1.93 | 29,280.2 |
Insurance Industry Benchmark (Top 10) PS Analysis vs ICICI PRUDENTIAL LIFE INSURANCE COMPANY 's P/S Ratio
Top 10 Industry Peers | PS 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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