The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo and hull, motor, health, travel, home and contents, customized business and SME products, other personal, industrial, rural, machinery, aviation, engineering, liability, fire and burglary, crop, personal accident, and property insurance products. It also offers reinsurance products. The company was incorporated in 1919 and is headquartered in Mumbai, India.
P/S ratio for The New India Assurance Company Limited (NIACL.NS)
P/S ratio as of 2023: 0.91
According to The New India Assurance Company Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.91. At the end of 2022 the company had a P/S ratio of 0.39.
P/S ratio history for The New India Assurance Company Limited from 2012 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.91 |
| 2022 | 0.39 |
| 2021 | 0.50 |
| 2020 | 0.77 |
| 2019 | 0.60 |
| 2018 | 1.12 |
| 2017 | 2.28 |
| 2016 | 2.62 |
| 2015 | 3.00 |
| 2014 | 3.36 |
| 2013 | 4.01 |
| 2012 | 4.65 |