ICICI Lombard General Insurance P/B Ratio
ICICI Lombard General Insurance (ICICIGI) P/B ratio is 4.33 (High), book value per share ₹333.35 vs Insurance average P/B of 4.97 — Very High - Significant premium, high growth expectations or speculative. Read ICICIGI dividend yield for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ICICIGI P/B Ratio — Valuation Insights & Book Value Analysis
ICICI Lombard General Insurance price-to-book ratio interpretation, valuation status and historical context — current P/B 4.33 (High). For live price, earnings yield and the full fundamental profile, see ICICIGI share price screener.
- Stock appears overvalued with PB of 4.33, 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 31.5% below historical average
- Trading at discount to sector average PB of 4.97
ICICI Lombard General Insurance P/B Ratio Historical Trend
ICICIGI annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Explore ICICIGI fundamental worth to estimate fundamental worth using multiple valuation models.
ICICIGI Historical P/B Ratio — Book Value Per Share & Year-End Price
ICICI Lombard General Insurance annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 4.37 | ₹333.35 | ₹1458.10 | ₹16,634 | High |
| 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 |
ICICIGI vs Insurance Peers — P/B Ratio Comparison
ICICI Lombard General Insurance P/B 4.33 vs Insurance average 4.97, median 4.97 — range 0.81–10.15.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| GIC of India | GICRE | 0.81 | ₹59,334 | Low |
| The New India Assurance … | NIACL | 1.32 | ₹30,556 | Moderate |
| Medi Assist Healthcare | MEDIASSIST | 2.88 | ₹2,315 | Moderate |
| LIC of India | LICI | 2.89 | ₹495,247 | Moderate |
| Niva Bupa Health Insuran… | NIVABUPA | 3.88 | ₹15,059 | High |
| Star Health Insurance | STARHEALTH | 4.46 | ₹31,822 | High |
| Go Digit General Insuran… | GODIGIT | 4.97 | ₹23,253 | High |
| ICICI Prudential Life In… | ICICIPRULI | 5.11 | ₹67,052 | High |
| HDFC Life Insurance | HDFCLIFE | 5.83 | ₹111,372 | High |
| SBI Life Insurance | SBILIFE | 8.48 | ₹165,935 | High |