LIC of India P/B Ratio

LICI • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.32
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.32
Current Price ₹743.20
Book Value/Share ₹201.59
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹127,504 Cr
Share Capital ₹6,325 Cr
Reserves & Surplus ₹121,196 Cr
Outstanding Shares 6,325,000,000
Book Value per Share ₹201.59

Valuation Signal

Signal Overvalued
Historical Avg 15.05
Historical Range 4.24 - 37.79
Percentile 0.0%

Sector Context

Sector Average 5.31
Sector Median 5.55
Sector Rank #4 of 12
Sector Percentile 33.3%

Key P/B Ratio Insights for LIC of India

  • Stock appears overvalued with PB of 3.32, 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 77.9% below historical average
  • Trading at discount to sector average PB of 5.31

P/B Ratio Historical Trend for LIC 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 4.24 ₹201.59 ₹854.90 ₹127,504 High
2024 6.81 ₹131.07 ₹892.00 ₹82,900 High
2023 11.36 ₹73.28 ₹832.50 ₹46,350 High
2022 37.79 ₹18.12 ₹684.60 ₹11,458 High

Sector P/B Ratio Comparison

Comparing LIC of India with other companies in Insurance sector
Sector Average
5.31
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
Niva Bupa Health Insuran… NIVABUPA 3.51 ₹13,411 High
Star Health Insurance STARHEALTH 3.7 ₹26,855 High
ICICI Lombard General In… ICICIGI 5.12 ₹84,178 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