Star Health Insurance P/B Ratio

STARHEALTH • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.63
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.63
Current Price ₹463.60
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 5.78
Sector Median 6.63
Sector Rank #5 of 12
Sector Percentile 41.7%

Key P/B Ratio Insights for Star Health Insurance

  • Stock appears overvalued with PB of 3.63, 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 35.2% below historical average
  • Trading at discount to sector average PB of 5.78

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
5.78
Sector Median
6.63
Lowest P/B
0.79
Highest P/B
11.27
Companies
12
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
The New India Assurance … NIACL 0.79 ₹22,210 Low
GIC of India GICRE 0.9 ₹64,281 Low
Medi Assist Healthcare MEDIASSIST 2.88 ₹2,354 Moderate
Niva Bupa Health Insuran… NIVABUPA 3.46 ₹13,211 High
LIC of India LICI 3.67 ₹506,885 High
ICICI Lombard General In… ICICIGI 5.71 ₹93,386 High
ICICI Prudential Life In… ICICIPRULI 6.63 ₹87,086 High
Go Digit General Insuran… GODIGIT 6.65 ₹30,875 High
HDFC Life Insurance HDFCLIFE 8.2 ₹141,054 High
Canara HSBC Life Insuran… CANHLIFE 8.95 ₹14,257 High