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ICICI Prudential Life Insurance Company Limited (BOM:540133) PE Ratio (TTM) : 100.28 (As of May. 12, 2024)


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What is ICICI Prudential Life Insurance Company Limited PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-05-12), ICICI Prudential Life Insurance Company Limited's share price is ₹591.65. ICICI Prudential Life Insurance Company Limited's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.90. Therefore, ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) for today is 100.28.


The historical rank and industry rank for ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) or its related term are showing as below:

BOM:540133' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 33.77   Med: 85.36   Max: 209.35
Current: 100.28


During the past 13 years, the highest PE Ratio (TTM) of ICICI Prudential Life Insurance Company Limited was 209.35. The lowest was 33.77. And the median was 85.36.


BOM:540133's PE Ratio (TTM) is ranked worse than
96.89% of 418 companies
in the Insurance industry
Industry Median: 12.145 vs BOM:540133: 100.28

ICICI Prudential Life Insurance Company Limited's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ₹1.21. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.90.

As of today (2024-05-12), ICICI Prudential Life Insurance Company Limited's share price is ₹591.65. ICICI Prudential Life Insurance Company Limited's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.90. Therefore, ICICI Prudential Life Insurance Company Limited's PE Ratio without NRI for today is 100.28.

During the past 13 years, ICICI Prudential Life Insurance Company Limited's highest PE Ratio without NRI was 395.63. The lowest was 33.80. And the median was 87.42.

ICICI Prudential Life Insurance Company Limited's EPS without NRI for the three months ended in Mar. 2024 was ₹1.21. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.90.

During the past 12 months, ICICI Prudential Life Insurance Company Limited's average EPS without NRI Growth Rate was 4.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was -23.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was -8.90% per year.

During the past 13 years, ICICI Prudential Life Insurance Company Limited's highest 3-Year average EPS without NRI Growth Rate was 65.80% per year. The lowest was -52.70% per year. And the median was 0.95% per year.

ICICI Prudential Life Insurance Company Limited's EPS (Basic) for the three months ended in Mar. 2024 was ₹1.21. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.91.


ICICI Prudential Life Insurance Company Limited PE Ratio (TTM) Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) 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.

ICICI Prudential Life Insurance Company Limited PE Ratio (TTM) Chart

ICICI Prudential Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.94 66.95 95.01 77.10 103.39

ICICI Prudential Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.10 95.56 89.91 84.58 103.39

Competitive Comparison of ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM)

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) falls into.



ICICI Prudential Life Insurance Company Limited PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

ICICI Prudential Life Insurance Company Limited's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=591.65/5.900
=100.28

ICICI Prudential Life Insurance Company Limited's Share Price of today is ₹591.65.
ICICI Prudential Life Insurance Company Limited's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5.90.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


ICICI Prudential Life Insurance Company Limited  (BOM:540133) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


ICICI Prudential Life Insurance Company Limited PE Ratio (TTM) Related Terms

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ICICI Prudential Life Insurance Company Limited (BOM:540133) Business Description

Traded in Other Exchanges
Address
1089 Appasaheb Marathe Marg, ICICI Pru Life Towers, 1st and 2nd Floor, Cnergy IT Park, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Company Limited offers products across savings, investments, and protection categories that match the different life stage requirements of customers and enable them to achieve their long-term financial goals. The company has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to customers. Its segments are Par Life, Par Pension, Non Par Life, Non Par Pension, Non Par Variable, Non Par Variable Pension, Annuity Non Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, Linked Group Pension, and Group Pension Share holders.

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