SBI LIFE INSURANCE COMPANY
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The Current P/S Ratio of SBI LIFE INSURANCE COMPANY is 1.06.
Share Price | ₹1,415.3 | Apr 26,2024 |
Market Cap | ₹141,737.3 Cr | |
Sales-TTM | ₹133,665.0 Cr | TTM-Standalone Results |
Price/Sales | 1.06x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of SBI LIFE INSURANCE COMPANY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹141,737.3 Cr] as on Apr 26,2024
(/) Sales [ ₹133,665.0 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.06x ]
Thus, for SBI LIFE INSURANCE COMPANY , the investors are currently willing to pay '1.06 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 SBI LIFE INSURANCE COMPANY !
The chart below summarizes the trend in P/S Ratio of SBI LIFE INSURANCE COMPANY over the last five years.
Historical PS (Price/Sales) ratio chart of SBI LIFE INSURANCE COMPANY
PS Ratio Performance Analysis for SBI LIFE INSURANCE COMPANY
- SBI LIFE INSURANCE COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.74x.
- SBI LIFE INSURANCE COMPANY 's operated at median p/e ratio of 1.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SBI LIFE INSURANCE COMPANY 's p/e ratio peaked in Mar2022 at 1.92x.
- SBI LIFE INSURANCE COMPANY 's p/e ratio hit its five-year low in Mar2020 of 1.59x.
How does SBI 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) |
---|---|---|---|
SBI LIFE INSURANCE COMPANY | 133,665.0 | 1.06 | 141,737.3 |
LIFE INSURANCE CORPORATION OF INDIA | 809,496.0 | 0.77 | 624,941.0 |
HDFC LIFE INSURANCE COMPANY LTD | 102,007.0 | 1.24 | 126,465.0 |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD | 91,712.5 | 0.89 | 81,586.0 |
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD | 20,602.6 | 4.05 | 83,346.2 |
GENERAL INSURANCE CORPORATION OF INDIA | 46,827.3 | 1.28 | 59,877.7 |
THE NEW INDIA ASSURANCE COMPANY LTD | 42,035.2 | 0.96 | 40,244.2 |
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 13,467.5 | 2.43 | 32,755.8 |
Insurance Industry Benchmark (Top 10) PS Analysis vs SBI LIFE INSURANCE COMPANY 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.77x |
Max industry PS | 4.05x |
Median industry PS | 1.24x |
Average industry PS | 1.58x |
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