General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, and miscellaneous products, as well as marine hull, cargo, and offshore energy reinsurance products. The company also provides reinsurance solutions for the Afro-Asian region and reinsurance programs in South East Asia, the Middle East, and Africa. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.
P/B ratio for General Insurance Corporation of India (GICRE.NS)
P/B ratio as of 2023: 1.44
According to General Insurance Corporation of India's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.44. At the end of 2022 the company had a P/B ratio of 0.52.
P/B ratio history for General Insurance Corporation of India from 2013 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.44 |
| 2022 | 0.52 |
| 2021 | 0.55 |
| 2020 | 1.08 |
| 2019 | 0.68 |
| 2018 | 1.27 |
| 2017 | 1.96 |
| 2016 | 3.77 |
| 2015 | 4.08 |
| 2014 | 4.69 |
| 2013 | 5.51 |