HDFC Life Insurance P/B Ratio

HDFCLIFE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
9.88
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 9.88
Current Price ₹772.35
Book Value/Share ₹75.03
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹16,155 Cr
Share Capital ₹2,153 Cr
Reserves & Surplus ₹13,555 Cr
Outstanding Shares 2,153,000,000
Book Value per Share ₹75.03

Valuation Signal

Signal Overvalued
Historical Avg 9.35
Historical Range 7.66 - 10.7
Percentile 50.0%

Sector Context

Sector Average 5.53
Sector Median 4.25
Sector Rank #10 of 11
Sector Percentile 90.9%

Key P/B Ratio Insights for HDFC Life Insurance

  • Stock appears overvalued with PB of 9.88, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Trading at premium to sector average PB of 5.53

View the current stock price of HDFC Life Insurance for more insights.

P/B Ratio Historical Trend for HDFC Life Insurance

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 9.99 ₹75.03 ₹749.85 ₹16,155 High
2024 9.05 ₹68.18 ₹617.05 ₹14,666 High
2023 10.7 ₹60.46 ₹646.70 ₹12,993 High
2022 7.66 ₹73.89 ₹566.25 ₹15,613 High

Sector P/B Ratio Comparison

Comparing HDFC Life Insurance with other companies in Insurance sector
Sector Average
5.53
Sector Median
4.25
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
GIC of India GICRE 0.96 ₹64,922 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
Max Financial Services MFSL 11.27 ₹59,753 High