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ICICI Prudential Life Insurance Company Limited (BOM:540133) Price-to-Tangible-Book : 7.75 (As of May. 13, 2024)


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What is ICICI Prudential Life Insurance Company Limited Price-to-Tangible-Book?

As of today (2024-05-13), ICICI Prudential Life Insurance Company Limited's share price is ₹591.65. ICICI Prudential Life Insurance Company Limited's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹76.38. Hence, ICICI Prudential Life Insurance Company Limited's Price to Tangible Book Ratio of today is 7.75.

The historical rank and industry rank for ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book or its related term are showing as below:

BOM:540133' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.25   Med: 7.51   Max: 8.59
Current: 7.75

During the past 13 years, ICICI Prudential Life Insurance Company Limited's highest Price to Tangible Book Ratio was 8.59. The lowest was 6.25. And the median was 7.51.

BOM:540133's Price-to-Tangible-Book is ranked worse than
94.35% of 460 companies
in the Insurance industry
Industry Median: 1.37 vs BOM:540133: 7.75

A closely related ratio is called PB Ratio. As of today, ICICI Prudential Life Insurance Company Limited's share price is ₹591.65. ICICI Prudential Life Insurance Company Limited's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹76.38. Hence, ICICI Prudential Life Insurance Company Limited's P/B Ratio of today is 7.75.


ICICI Prudential Life Insurance Company Limited Price-to-Tangible-Book Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

ICICI Prudential Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 7.04 7.88 6.25 7.97

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
Price-to-Tangible-Book 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 6.25 7.83 7.60 6.95 7.97

Competitive Comparison of ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book falls into.



ICICI Prudential Life Insurance Company Limited Price-to-Tangible-Book Calculation

ICICI Prudential Life Insurance Company Limited's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=591.65/76.384
=7.75

* 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:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


ICICI Prudential Life Insurance Company Limited Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ICICI Prudential Life Insurance Company Limited's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

ICICI Prudential Life Insurance Company Limited (BOM:540133) Headlines

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