ICICI Lombard General Insurance P/B Ratio
ICICI Lombard General Insurance (ICICIGI) P/B ratio is 4.77 (High), book value per share ₹333.35 vs Insurance average P/B of 5.17 — Very High - Significant premium, high growth expectations or speculative. View ICICIGI 52-week chart for the annual high/low range and current price position.
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 4.77 (High). Review ICICI Lombard General Insuranc P/E valuation to evaluate earnings-based valuation against sector peers.
- Stock appears overvalued with PB of 4.77, 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 26.0% below historical average
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. For live price, earnings yield and the full fundamental profile, see ICICIGI share price screener.
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 | 4.99 | ₹333.35 | ₹1661.80 | ₹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 4.77 vs Insurance average 5.17, median 5.38 — range 0.9–10.05.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| GIC of India | GICRE | 0.9 | ₹63,465 | Low |
| The New India Assurance … | NIACL | 1.18 | ₹29,353 | Moderate |
| LIC of India | LICI | 3.08 | ₹543,570 | High |
| Medi Assist Healthcare | MEDIASSIST | 3.18 | ₹2,667 | High |
| Star Health Insurance | STARHEALTH | 3.57 | ₹34,638 | High |
| Niva Bupa Health Insuran… | NIVABUPA | 4.2 | ₹15,713 | High |
| ICICI Prudential Life In… | ICICIPRULI | 5.38 | ₹72,608 | High |
| Go Digit General Insuran… | GODIGIT | 5.66 | ₹25,842 | High |
| HDFC Life Insurance | HDFCLIFE | 6.27 | ₹121,061 | High |
| Canara HSBC Life Insuran… | CANHLIFE | 8.99 | ₹14,385 | High |