LIC of India P/B Ratio

Current P/B Ratio
3.08
High Valuation
High - Premium to book value, growth expectations or asset-light model

LIC of India (LICI) P/B ratio is 3.08 (High), book value per share ₹279.66 vs Insurance average P/B of 5.31 — High - Premium to book value, growth expectations or asset-light model. Review LICI earnings valuation to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 3.08
Current Price ₹421.30
Book Value/Share ₹279.66
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹176,882 Cr
Share Capital ₹6,325 Cr
Reserves & Surplus ₹171,233 Cr
Outstanding Shares 6,325,000,000
Book Value per Share ₹279.66

Valuation Signal

Signal Overvalued
Historical Avg 12.34
Historical Range 1.51 - 37.79
Percentile 20.0%

Sector Context

Sector Average 5.31
Sector Median 5.38
Sector Rank #3 of 12
Sector Percentile 25.0%

LICI P/B Ratio — Valuation Insights & Book Value Analysis

LIC of India price-to-book ratio interpretation, valuation status and historical context — current P/B 3.08 (High). View LIC of India yearly highs lows for the annual high/low range and current price position.

  • Stock appears overvalued with PB of 3.08, 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 75.0% below historical average
  • Trading at discount to sector average PB of 5.31

LIC of India P/B Ratio Historical Trend

LICI 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 LICI stock price BSE.

LICI Historical P/B Ratio — Book Value Per Share & Year-End Price

LIC of India 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 1.51 ₹279.66 ₹421.30 ₹176,882 Moderate
2025 4.24 ₹201.59 ₹854.90 ₹127,505 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

LICI vs Insurance Peers — P/B Ratio Comparison

LIC of India P/B 3.08 vs Insurance average 5.31, median 5.38 — range 0.9–10.05.

Sector Average
5.31
Sector Median
5.38
Lowest P/B
0.9
Highest P/B
10.05
Companies
12
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
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 Lombard General In… ICICIGI 4.77 ₹81,066 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