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Life Insurance of India (BOM:543526) Market Cap : ₹5,881,615 Mil (As of May. 09, 2024)


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What is Life Insurance of India Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Life Insurance of India's share price for the quarter that ended in Dec. 2023 was ₹833.3. Life Insurance of India's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6,325 Mil. Therefore, Life Insurance of India's market cap for the quarter that ended in Dec. 2023 was ₹5,270,623 Mil.

Life Insurance of India's quarterly market cap increased from Jun. 2023 (₹3,999,298 Mil) to Sep. 2023 (₹4,108,720 Mil) and increased from Sep. 2023 (₹4,108,720 Mil) to Dec. 2023 (₹5,270,623 Mil).

Life Insurance of India's annual market cap stayed the same from Mar. 2021 (₹0 Mil) to Mar. 2022 (₹0 Mil) but then increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹3,381,661 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Life Insurance of India's Enterprise Value for Today is ₹5,549,980 Mil.


Life Insurance of India Market Cap Historical Data

The historical data trend for Life Insurance of India's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Insurance of India Market Cap Chart

Life Insurance of India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
- - - - 3,381,661.25

Life Insurance of India Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,330,095.00 3,381,661.25 3,999,297.50 4,108,720.00 5,270,622.50

Competitive Comparison of Life Insurance of India's Market Cap

For the Insurance - Life subindustry, Life Insurance of India's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Life Insurance of India's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Life Insurance of India's Market Cap distribution charts can be found below:

* The bar in red indicates where Life Insurance of India's Market Cap falls into.



Life Insurance of India Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Life Insurance of India's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹534.65*6325
=₹3,381,661

Life Insurance of India's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₹833.3*6325
=₹5,270,623

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life Insurance of India  (BOM:543526) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Life Insurance of India Market Cap Related Terms

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Life Insurance of India (BOM:543526) Business Description

Traded in Other Exchanges
Address
Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

Life Insurance of India (BOM:543526) Headlines

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