ICICI Lombard General Insurance P/B Ratio

ICICIGI • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
5.12
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 5.12
Current Price ₹1750.50
Book Value/Share ₹292.04
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹14,485 Cr
Share Capital ₹496 Cr
Reserves & Surplus ₹13,807 Cr
Outstanding Shares 496,000,000
Book Value per Share ₹292.04

Valuation Signal

Signal Overvalued
Historical Avg 7.12
Historical Range 6.61 - 8.39
Percentile 0.0%

Sector Context

Sector Average 5.16
Sector Median 5.55
Sector Rank #7 of 12
Sector Percentile 58.3%

Key P/B Ratio Insights for ICICI Lombard General Insurance

  • Stock appears overvalued with PB of 5.12, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 28.1% below historical average

P/B Ratio Historical Trend for ICICI Lombard General 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 6.72 ₹292.04 ₹1962.10 ₹14,485 High
2024 7.22 ₹247.57 ₹1787.75 ₹12,205 High
2023 6.68 ₹212.71 ₹1420.10 ₹10,444 High
2022 6.61 ₹187.23 ₹1236.80 ₹9,193 High
2021 8.39 ₹167.01 ₹1401.25 ₹7,599 High

Sector P/B Ratio Comparison

Comparing ICICI Lombard General Insurance with other companies in Insurance sector
Sector Average
5.16
Sector Median
5.55
Lowest P/B
0.7
Highest P/B
9.54
Companies
12
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
The New India Assurance … NIACL 0.7 ₹20,326 Low
GIC of India GICRE 0.94 ₹66,413 Low
Medi Assist Healthcare MEDIASSIST 3.05 ₹2,399 High
LIC of India LICI 3.32 ₹464,792 High
Niva Bupa Health Insuran… NIVABUPA 3.51 ₹13,411 High
Star Health Insurance STARHEALTH 3.7 ₹26,855 High
ICICI Prudential Life In… ICICIPRULI 5.55 ₹72,955 High
Go Digit General Insuran… GODIGIT 6.38 ₹29,658 High
HDFC Life Insurance HDFCLIFE 7.03 ₹122,143 High
Canara HSBC Life Insuran… CANHLIFE 8.73 ₹13,745 High