SBI Life Insurance Company Limited (BOM:540719) Price-to-Tangible-Book : 9.62 (As of May. 12, 2024)

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

As of today (2024-05-12), SBI Life Insurance Company Limited's share price is ₹1432.15. SBI Life Insurance Company Limited's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹148.87. Hence, SBI Life Insurance Company Limited's Price to Tangible Book Ratio of today is 9.62.

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

BOM:540719' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.36 Med: 8.48 Max: 10.35
Current: 9.62

During the past 12 years, SBI Life Insurance Company Limited's highest Price to Tangible Book Ratio was 10.35. The lowest was 7.36. And the median was 8.48.

BOM:540719's Price-to-Tangible-Book is ranked worse than
96.08% of 459 companies
in the Insurance industry
Industry Median: 1.37 vs BOM:540719: 9.62

A closely related ratio is called PB Ratio. As of today, SBI Life Insurance Company Limited's share price is ₹1432.15. SBI Life Insurance Company Limited's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹148.87. Hence, SBI Life Insurance Company Limited's P/B Ratio of today is 9.62.

SBI Life Insurance Company Limited Price-to-Tangible-Book Historical Data

The historical data trend for SBI 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.

SBI Life Insurance Company Limited Price-to-Tangible-Book Chart

SBI Life Insurance Company Limited Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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7.36

8.48

9.65

8.46

10.06

SBI 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															8.46	9.66	9.36	9.94	10.06

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

For the Insurance - Life subindustry, SBI 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.

SBI Life Insurance Company Limited's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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

SBI Life Insurance Company Limited Price-to-Tangible-Book Calculation

SBI 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 )
	=	1432.15	/	148.867
	=	9.62

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

SBI Life Insurance Company Limited Price-to-Tangible-Book Related Terms

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

SBI Life Insurance Company Limited (BOM:540719) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SBILIFE:India

Address

M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.sbilife.co.in

SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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