GIC of India P/B Ratio

GICRE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.96
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.96
Current Price ₹369.85
Book Value/Share ₹701.25
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹61,500 Cr
Share Capital ₹877 Cr
Reserves & Surplus ₹47,782 Cr
Outstanding Shares 877,000,000
Book Value per Share ₹701.25

Valuation Signal

Signal Undervalued
Historical Avg 0.57
Historical Range 0.44 - 0.71
Percentile 100.0%

Sector Context

Sector Average 6.34
Sector Median 6.26
Sector Rank #2 of 11
Sector Percentile 18.2%

Key P/B Ratio Insights for GIC of India

  • Stock appears undervalued with PB of 0.96, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 67.7% above historical average
  • Trading at discount to sector average PB of 6.34

View the current stock price of GIC of India for more insights.

P/B Ratio Historical Trend for GIC of India

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.54 ₹701.25 ₹380.80 ₹61,500 Low
2024 0.71 ₹630.07 ₹444.25 ₹55,257 Low
2023 0.6 ₹515.22 ₹308.05 ₹45,185 Low
2022 0.44 ₹410.58 ₹178.75 ₹36,008 Low

Sector P/B Ratio Comparison

Comparing GIC of India with other companies in Insurance sector
Sector Average
6.34
Sector Median
6.26
Lowest P/B
0.88
Highest P/B
11.48
Companies
11
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
The New India Assurance … NIACL 0.88 ₹25,209 Low
Star Health Insurance STARHEALTH 3.57 ₹26,157 High
Niva Bupa Health Insuran… NIVABUPA 3.63 ₹14,101 High
LIC of India LICI 3.77 ₹537,656 High
Medi Assist Healthcare MEDIASSIST 4.25 ₹3,264 High
ICICI Lombard General In… ICICIGI 6.26 ₹100,099 High
Go Digit General Insuran… GODIGIT 6.85 ₹31,291 High
ICICI Prudential Life In… ICICIPRULI 7.86 ₹99,659 High
HDFC Life Insurance HDFCLIFE 9.88 ₹166,643 High
Max Financial Services MFSL 11.27 ₹59,753 High