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SBI Life Insurance CoNSE:SBILIFE +0.75%89 Cyclically Adjusted PB Ratio is 12.82 as of Aug. 27, 2026, which is 15% below its 10-year median of 15.11. GuruFocus rates NSE:SBILIFE with a GF Score™ of 89/100 and a GF Value™ of ₹2,069.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 411 Insurance companies, SBI Life Insurance Co ranks worse than 98.05% on this metric.
The historical rank and industry rank for SBI Life Insurance Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
NSE:SBILIFE'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.9 Med: 15.11 Max: 16.33
Current: 13
During the past years, SBI Life Insurance Co's highest Cyclically Adjusted PB Ratio was 16.33. The lowest was 12.90. And the median was 15.11.
NSE:SBILIFE's Cyclically Adjusted PB Ratio is ranked worse than 98.05% of 411
companies
in the Insurance industry
Industry Median: 1.39
vs NSE:SBILIFE: 13.00
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.
SBI Life Insurance Co's adjusted book value per share data for the three months ended in Jun. 2026 was ₹200.556. 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 ₹137.93 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
SBI Life Insurance Co (NSE:SBILIFE) 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.
SBI Life Insurance Co Cyclically Adjusted PB Ratio Related Terms
SBI Life Insurance Co Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for SBI 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.
SBI Life Insurance Co Cyclically Adjusted PB Ratio Chart
NSE:SBILIFE vs AFL, MET, PRU: Cyclically Adjusted PB Ratio Comparison
For the Insurance - Life subindustry, SBI 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.
SBI Life Insurance Co Cyclically Adjusted PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, SBI Life Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where SBI Life Insurance Co's Cyclically Adjusted PB Ratio falls into.
SBI 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.
* 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.
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 12.82 mean?
SBI Life Insurance Co (NSE:SBILIFE) has a Cyclically Adjusted PB Ratio of 12.82 as of Aug. 27, 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 SBI Life Insurance Co and its competitors. This is 15% below median its historical median of 15.11. Over the past decade, SBI Life Insurance Co's Cyclically Adjusted PB Ratio has ranged from 12.90 to 16.33. According to the industry distribution chart, SBI Life Insurance Co ranks #403 out of 411 companies in the Insurance industry, placing it in the top 98.1%.
Is SBI Life Insurance Co's Cyclically Adjusted PB Ratio too high?
SBI Life Insurance Co's current Cyclically Adjusted PB Ratio of 12.82 is 15% below median its 10-year median of 15.11. Over the past 10 years, this metric has ranged from a low of 12.90 to a high of 16.33. The Insurance industry median Cyclically Adjusted PB Ratio is 1.39. SBI Life Insurance Co's value of 12.82 is 822.3% above this industry median. Based on the distribution chart, SBI Life Insurance Co ranks #403 out of 411 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, SBI Life Insurance Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBI Life Insurance Co's Cyclically Adjusted PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, SBI Life Insurance Co ranks #403 out of 411 companies for Cyclically Adjusted PB Ratio. This places SBI Life Insurance Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. SBI Life Insurance Co's value of 12.82 is 822.3% above this benchmark. Historically, SBI Life Insurance Co's own Cyclically Adjusted PB Ratio has ranged from 12.90 to 16.33 over the past decade. While the company's 10-year median is 15.11 vs. the industry median of 1.39, SBI 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 1.39, based on 411 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. SBI Life Insurance Co's current Cyclically Adjusted PB Ratio of 12.82 is 822.3% 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 SBI Life Insurance Co and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Life Insurance Co's current Cyclically Adjusted PB Ratio is 12.82, which is 15% below median its own 10-year median of 15.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, SBI Life Insurance Co (NSE:SBILIFE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,069.90, compared to a current price of ₹1,768.20 — trading 14.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.82, which is 15% below median its 10-year median of 15.11 and 822.3% above the Insurance industry median of 1.39. SBI Life Insurance Co's overall GF Score™ is 89/100 with 3 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 SBI Life Insurance Co (NSE:SBILIFE), the current Cyclically Adjusted PB Ratio is 12.82 as of Aug. 27, 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 SBI Life Insurance Co (NSE:SBILIFE) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Life Insurance Co stock appears to be undervalued.
The current stock price of ₹1,768.20 is trading 14.6% below its estimated GF Value™ of ₹2,069.90.
GuruFocus considers SBI Life Insurance Co to be Modestly Undervalued.
Key valuation signals for NSE:SBILIFE:
Cyclically Adjusted PB Ratio: 12.82 (15% below median its 10-year median of 15.11)
GF Value™: ₹2,069.90 vs. price of ₹1,768.20 (14.6% below fair value)
Industry Position: 822.3% above the Insurance median (#403 of 411)
No single metric tells the full story. See the NSE:SBILIFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Life Insurance Co Ltd 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. The company derives the majority of its revenue from the Non-Participating segment, which includes endowment products, a variable insurance plan, an immediate annuity product, group protection products, and others.
89GF Score
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