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LIFE INSURANCE CORPORATION OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of LIFE INSURANCE CORPORATION OF INDIA is 0.75.

Share Price ₹961.2Apr 15,2024
Market Cap ₹607,927.4 Cr
Sales-TTM₹809,496.0 CrTTM-Consolidated Results
Price/Sales0.75xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of LIFE INSURANCE CORPORATION OF INDIA

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 LIFE INSURANCE CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹607,927.4 Cr] as on Apr 15,2024

(/) Sales [ ₹809,496.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.75x ]

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

Thus, for LIFE INSURANCE CORPORATION OF INDIA, the investors are currently willing to pay '0.75 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 LIFE INSURANCE CORPORATION OF INDIA!

The chart below summarizes the trend in P/S Ratio of LIFE INSURANCE CORPORATION OF INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of LIFE INSURANCE CORPORATION OF INDIA


PS Ratio Performance Analysis for LIFE INSURANCE CORPORATION OF INDIA

- LIFE INSURANCE CORPORATION OF INDIA's latest p/e ratio is 0.75x.

- LIFE INSURANCE CORPORATION OF INDIA's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.14x.

- LIFE INSURANCE CORPORATION OF INDIA'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, LIFE INSURANCE CORPORATION OF INDIA's p/e ratio peaked in Mar2023 at 0.71x.

- LIFE INSURANCE CORPORATION OF INDIA's p/e ratio hit its five-year low in Mar2022 of 0x.


How does LIFE INSURANCE CORPORATION OF INDIA's P/S Ratio benchmark against top 10 peers in Insurance Industry?

Peer Comparison (Insurance Industry)Sales (Cr)PS RatioMarket Cap (Cr)
LIFE INSURANCE CORPORATION OF INDIA809,496.00.75607,927.4
SBI LIFE INSURANCE COMPANY LTD118,789.01.23146,459.0
HDFC LIFE INSURANCE COMPANY LTD95,530.51.36130,014.0
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD80,451.31.0987,625.8
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD20,653.73.9381,246.3
GENERAL INSURANCE CORPORATION OF INDIA46,827.31.2357,518.0
THE NEW INDIA ASSURANCE COMPANY LTD42,035.20.8736,511.4
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD13,467.52.4332,773.3

Insurance Industry Benchmark (Top 10) PS Analysis vs LIFE INSURANCE CORPORATION OF INDIA's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.75x
Max industry PS 3.93x
Median industry PS 1.23x
Average industry PS 1.61x



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