Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.
P/B ratio for Life Insurance Corporation of India (LICI.NS)
P/B ratio as of 2023: 7.42
According to Life Insurance Corporation of India's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 7.42. At the end of 2022 the company had a P/B ratio of 7.31.
P/B ratio history for Life Insurance Corporation of India from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 7.42 |
| 2022 | 7.31 |
| 2021 | 48.83 |
| 2020 | 80.42 |
| 2019 | 552.59 |
| 2018 | 683.73 |