Star Health Insurance P/B Ratio

STARHEALTH • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.57
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.57
Current Price ₹447.65
Book Value/Share ₹120.05
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹7,059 Cr
Share Capital ₹588 Cr
Reserves & Surplus ₹6,436 Cr
Outstanding Shares 588,000,000
Book Value per Share ₹120.05

Valuation Signal

Signal Overvalued
Historical Avg 5.6
Historical Range 3.79 - 10.23
Percentile 0.0%

Sector Context

Sector Average 6.1
Sector Median 6.26
Sector Rank #3 of 11
Sector Percentile 27.3%

Key P/B Ratio Insights for Star Health Insurance

  • Stock appears overvalued with PB of 3.57, 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 36.3% below historical average
  • Trading at discount to sector average PB of 6.1

View the current stock price of Star Health Insurance for more insights.

P/B Ratio Historical Trend for Star Health 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 3.79 ₹120.05 ₹455.00 ₹7,059 High
2024 4.16 ₹114.03 ₹474.95 ₹6,671 High
2023 4.73 ₹112.97 ₹534.75 ₹6,575 High
2022 5.11 ₹110.85 ₹566.30 ₹6,385 High
2021 10.23 ₹77.01 ₹787.65 ₹4,220 High

Sector P/B Ratio Comparison

Comparing Star Health Insurance with other companies in Insurance sector
Sector Average
6.1
Sector Median
6.26
Lowest P/B
0.88
Highest P/B
11.48
Companies
11
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
The New India Assurance … NIACL 0.88 ₹25,209 Low
GIC of India GICRE 0.96 ₹64,922 Low
Niva Bupa Health Insuran… NIVABUPA 3.63 ₹14,101 High
LIC of India LICI 3.77 ₹537,656 High
Medi Assist Healthcare MEDIASSIST 4.25 ₹3,264 High
ICICI Lombard General In… ICICIGI 6.26 ₹100,099 High
Go Digit General Insuran… GODIGIT 6.85 ₹31,291 High
ICICI Prudential Life In… ICICIPRULI 7.86 ₹99,659 High
HDFC Life Insurance HDFCLIFE 9.88 ₹166,643 High
Max Financial Services MFSL 11.27 ₹59,753 High