ICICI Prudential Life Insurance Co (BOM:540133) Cyclically Adjusted PB Ratio: 6.36 (As of Sep. 04, 2026) — Near Median

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BOM:540133 ICICI Prudential Life Insurance Co Ltd BOM:540133
71 GF Score
Price ₹494.90
GF Value ₹500.21
Valuation Fairly Valued
! 2 Warning Signs
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What is ICICI Prudential Life Insurance Co Cyclically Adjusted PB Ratio?

ICICI Prudential Life Insurance Co BOM:540133 +0.85% 71 Cyclically Adjusted PB Ratio is 6.36 as of Sep. 04, 2026, which is 2% below its 10-year median of 6.50. GuruFocus rates BOM:540133 with a GF Score™ of 71/100 and a GF Value™ of ₹500.21 (Fairly Valued). The stock has 2 warning signs investors should review. Among 408 Insurance companies, ICICI Prudential Life Insurance Co ranks worse than 94.85% on this metric.

As of today (2026-09-04), ICICI Prudential Life Insurance Co's current share price is ₹494.90. ICICI Prudential Life Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹77.83. ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio for today is 6.36.

The historical rank and industry rank for ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:540133' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.23   Med: 6.5   Max: 6.63
Current: 6.51

During the past years, ICICI Prudential Life Insurance Co's highest Cyclically Adjusted PB Ratio was 6.63. The lowest was 6.23. And the median was 6.50.

BOM:540133's Cyclically Adjusted PB Ratio is ranked worse than
94.85% of 408 companies
in the Insurance industry
Industry Median: 1.415 vs BOM:540133: 6.51

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ICICI Prudential Life Insurance Co's adjusted book value per share data for the three months ended in Jun. 2026 was ₹99.156. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹77.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICICI Prudential Life Insurance Co  (BOM:540133) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


ICICI Prudential Life Insurance Co Cyclically Adjusted PB Ratio Related Terms


ICICI Prudential Life Insurance Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio 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.

ICICI Prudential Life Insurance Co Cyclically Adjusted PB Ratio Chart

ICICI Prudential Life Insurance Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ICICI Prudential Life Insurance Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.00 0.00 0.00 0.00 6.27

BOM:540133 vs MET, AFL: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio falls into.


BOM:540133
71GF Score
ICICI Prudential Life Insurance Co Ltd BOM:540133
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICICI Prudential Life Insurance Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=494.90/77.83
=6.36

* 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.

ICICI Prudential Life Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ICICI Prudential Life Insurance Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=99.156/167.3573*167.3573
=99.156

Current CPI (Jun. 2026) = 167.3573.

ICICI Prudential Life Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201203 33.607 76.889 73.150
201303 33.800 85.687 66.016
201403 34.781 91.425 63.668
201503 36.753 97.163 63.305
201603 37.166 102.518 60.672
201703 44.631 105.196 71.004
201803 47.940 109.786 73.079
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 49.049 118.202 69.446
201906 50.820 120.880 70.360
201909 50.655 123.175 68.825
201912 52.322 126.235 69.366
202003 50.231 124.705 67.411
202006 54.241 127.000 71.477
202009 57.147 130.118 73.502
202012 62.034 130.889 79.318
202103 63.436 131.771 80.568
202106 59.007 134.084 73.650
202109 60.861 135.847 74.978
202112 63.167 138.161 76.516
202203 63.716 138.822 76.813
202206 62.950 142.347 74.010
202209 66.915 144.661 77.413
202212 70.134 145.763 80.524
202303 70.136 146.865 79.922
202306 73.098 150.280 81.405
202309 74.413 151.492 82.206
202312 76.881 152.924 84.137
202403 76.388 153.035 83.537
202406 78.274 155.789 84.086
202409 80.133 157.882 84.942
202412 80.545 158.323 85.141
202503 82.568 157.552 87.707
202506 86.742 159.755 90.870
202509 87.887 162.289 90.632
202512 92.934 163.281 95.254
202603 94.055 164.272 95.821
202606 99.156 167.357 99.156

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 6.36 mean?
ICICI Prudential Life Insurance Co (BOM:540133) has a Cyclically Adjusted PB Ratio of 6.36 as of Sep. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on ICICI Prudential Life Insurance Co and its competitors. This is near median its historical median of 6.50. Over the past decade, ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio has ranged from 6.23 to 6.63. According to the industry distribution chart, ICICI Prudential Life Insurance Co ranks #387 out of 408 companies in the Insurance industry, placing it in the top 94.9%.
Is ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio too high?
ICICI Prudential Life Insurance Co's current Cyclically Adjusted PB Ratio of 6.36 is near median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 6.63. The Insurance industry median Cyclically Adjusted PB Ratio is 1.42. ICICI Prudential Life Insurance Co's value of 6.36 is 349.5% above this industry median. Based on the distribution chart, ICICI Prudential Life Insurance Co ranks #387 out of 408 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, ICICI Prudential Life Insurance Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ICICI Prudential Life Insurance Co's Cyclically Adjusted PB Ratio compare to MET and AFL?
According to the Insurance industry distribution chart, ICICI Prudential Life Insurance Co ranks #387 out of 408 companies for Cyclically Adjusted PB Ratio. This places ICICI Prudential Life Insurance Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. ICICI Prudential Life Insurance Co's value of 6.36 is 349.5% above this benchmark. Historically, ICICI Prudential Life Insurance Co's own Cyclically Adjusted PB Ratio has ranged from 6.23 to 6.63 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 1.42, ICICI Prudential Life Insurance Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.42, based on 408 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICICI Prudential Life Insurance Co's current Cyclically Adjusted PB Ratio of 6.36 is 349.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on ICICI Prudential Life Insurance Co and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICICI Prudential Life Insurance Co's current Cyclically Adjusted PB Ratio is 6.36, which is near median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICICI Prudential Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, ICICI Prudential Life Insurance Co (BOM:540133) is currently considered Fairly Valued. The stock's GF Value™ is ₹500.21, compared to a current price of ₹494.90 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.36, which is near median its 10-year median of 6.50 and 349.5% above the Insurance industry median of 1.42. ICICI Prudential Life Insurance Co's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For ICICI Prudential Life Insurance Co (BOM:540133), the current Cyclically Adjusted PB Ratio is 6.36 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ICICI Prudential Life Insurance Co (BOM:540133) Overvalued in 2026?

Based on GuruFocus' analysis, ICICI Prudential Life Insurance Co stock appears to be undervalued. The current stock price of ₹494.90 is trading 1.1% below its estimated GF Value™ of ₹500.21. GuruFocus considers ICICI Prudential Life Insurance Co to be Fairly Valued.

Key valuation signals for BOM:540133:

  • Cyclically Adjusted PB Ratio: 6.36 (near median its 10-year median of 6.50)
  • GF Value™: ₹500.21 vs. price of ₹494.90 (1.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 349.5% above the Insurance median (#387 of 408)

No single metric tells the full story. See the BOM:540133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICICI Prudential Life Insurance Co Business Description

Other Exchanges ICICIPRULI:India
Address Appasaheb Marathe Marg, ICICI Pru Life Towers, 1089, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Co Ltd carries on business of providing life insurance, annuity, pensions and health insurance products to individuals and groups. Riders providing additional benefits are offered under some of these products. The business is conducted in participating, non-participating and unit linked lines of business. The company's segments are Participating (Life and Pension), Non-Participating (Life, Pension, Annuity and Health), Non-Participating variable (Life and Pension) and Linked (Life, Pension, Health and Group). The company generates majority of revenue from Non-Participating segment.
71GF Score

Get the complete analysis for BOM:540133

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹494.90
Price
₹500.21
GF Value