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HDFC LIFE INSURANCE COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of HDFC LIFE INSURANCE COMPANY is 1.31.

Share Price ₹674.7Nov 21,2024
Market Cap ₹145,218.4 Cr
Sales-TTM₹111,045.0 CrTTM-Consolidated Results
Price/Sales1.31xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HDFC 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 HDFC LIFE INSURANCE COMPANY is calculated as :

Current Market Cap [ ₹145,218.4 Cr] as on Nov 21,2024

(/) Sales [ ₹111,045.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.31x ]

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

Thus, for HDFC LIFE INSURANCE COMPANY , the investors are currently willing to pay '1.31 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 HDFC LIFE INSURANCE COMPANY !

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

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


PS Ratio Performance Analysis for HDFC LIFE INSURANCE COMPANY

- HDFC LIFE INSURANCE COMPANY 's latest p/e ratio is 1.31x.

- HDFC LIFE INSURANCE COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.59x.

- HDFC LIFE INSURANCE COMPANY 's operated at median p/e ratio of 2.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HDFC LIFE INSURANCE COMPANY 's p/e ratio peaked in Mar2021 at 3.68x.

- HDFC LIFE INSURANCE COMPANY 's p/e ratio hit its five-year low in Mar2023 of 1.89x.


How does HDFC 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)
HDFC LIFE INSURANCE COMPANY 111,045.01.31145,218.4
LIFE INSURANCE CORPORATION OF INDIA912,105.00.61558,023.0
SBI LIFE INSURANCE COMPANY LTD151,900.00.97148,077.0
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD100,649.00.9797,995.8
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD22,369.44.0089,393.2
GENERAL INSURANCE CORPORATION OF INDIA47,071.41.3664,246.1
THE NEW INDIA ASSURANCE COMPANY LTD44,294.60.6328,098.4
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD15,145.31.7726,873.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.61x
Max industry PS 4.00x
Median industry PS 1.31x
Average industry PS 1.46x



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