LIFE INSURANCE CORPORATION OF INDIA
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The Current P/S Ratio of LIFE INSURANCE CORPORATION OF INDIA is 0.57.
Share Price | ₹824.9 | Jan 30,2025 |
Market Cap | ₹521,717.6 Cr | |
Sales-TTM | ₹912,105.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.57x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of LIFE INSURANCE CORPORATION OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹521,717.6 Cr] as on Jan 30,2025
(/) Sales [ ₹912,105.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.57x ]
Thus, for LIFE INSURANCE CORPORATION OF INDIA, the investors are currently willing to pay '0.57 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- 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 Mar2024 at 1.21x.
- 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 Ratio | Market Cap (Cr) |
---|---|---|---|
LIFE INSURANCE CORPORATION OF INDIA | 912,105.0 | 0.57 | 521,717.6 |
SBI LIFE INSURANCE COMPANY LTD | 131,708.0 | 1.12 | 147,683.0 |
HDFC LIFE INSURANCE COMPANY LTD | 101,286.0 | 1.35 | 136,574.0 |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD | 78,505.1 | 1.13 | 88,332.9 |
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD | 23,321.9 | 3.92 | 91,401.8 |
GENERAL INSURANCE CORPORATION OF INDIA | 47,071.4 | 1.49 | 70,272.5 |
THE NEW INDIA ASSURANCE COMPANY LTD | 43,640.2 | 0.67 | 29,243.8 |
STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 15,714.3 | 1.63 | 25,558.3 |
Insurance Industry Benchmark (Top 10) PS Analysis vs LIFE INSURANCE CORPORATION OF INDIA's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.57x |
Max industry PS | 3.92x |
Median industry PS | 1.35x |
Average industry PS | 1.48x |
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