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ICICI Prudential Life Insurance Co (BOM:540133) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
ICICI Prudential Life Insurance Co Forward PE Ratio Related Terms
ICICI Prudential Life Insurance Co Forward PE Ratio Historical Data
* 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 Forward PE Ratio Chart
ICICI Prudential Life Insurance Co Annual Data
Trend
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
29.59
26.25
21.74
31.06
43.48
42.92
62.31
46.64
ICICI Prudential Life Insurance Co Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
29.59
24.39
30.96
27.40
26.25
31.15
37.04
33.44
21.74
36.36
36.23
32.89
31.06
41.15
64.52
41.84
43.48
48.08
51.28
44.44
42.92
56.50
70.41
62.31
70.94
58.94
57.25
46.64
43.39
BOM:540133 vs MET, AFL: Forward PE Ratio Comparison
For the Insurance - Life subindustry, ICICI Prudential Life Insurance Co's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where ICICI Prudential Life Insurance Co's Forward PE Ratio falls into.
ICICI Prudential Life Insurance Co Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
ICICI Prudential Life Insurance Co (BOM:540133) has a Forward PE Ratio of 40.35 as of Sep. 15, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on ICICI Prudential Life Insurance Co and its competitors. According to the industry distribution chart, ICICI Prudential Life Insurance Co ranks #265 out of 275 companies in the Insurance industry, placing it in the top 96.4%.
Is ICICI Prudential Life Insurance Co's Forward PE Ratio too high?
ICICI Prudential Life Insurance Co's current Forward PE Ratio is 40.35. The Insurance industry median Forward PE Ratio is 10.76. ICICI Prudential Life Insurance Co's value of 40.35 is 275% above this industry median. Based on the distribution chart, ICICI Prudential Life Insurance Co ranks #265 out of 275 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 Forward PE Ratio compare to MET and AFL?
According to the Insurance industry distribution chart, ICICI Prudential Life Insurance Co ranks #265 out of 275 companies for Forward PE Ratio. This places ICICI Prudential Life Insurance Co in the lower half of its industry. The industry median Forward PE Ratio is 10.76. ICICI Prudential Life Insurance Co's value of 40.35 is 275% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Insurance company?
The median Forward PE Ratio among Insurance companies is 10.76, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE 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 Forward PE Ratio of 40.35 is 275% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on ICICI Prudential Life Insurance Co and its competitors. For the Insurance industry, the median Forward PE Ratio is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICICI Prudential Life Insurance Co's current Forward PE Ratio is 40.35. 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 ₹497.16, compared to a current price of ₹471.25 — trading 5.2% below its estimated fair value. The current Forward PE Ratio is 40.35 and 275% above the Insurance industry median of 10.76. ICICI Prudential Life Insurance Co's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For ICICI Prudential Life Insurance Co (BOM:540133), the current Forward PE Ratio is 40.35 as of Sep. 15, 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 ₹471.25 is trading 5.2% below its estimated GF Value™ of ₹497.16.
GuruFocus considers ICICI Prudential Life Insurance Co to be Fairly Valued.
Key valuation signals for BOM:540133:
Forward PE Ratio: 40.35
GF Value™: ₹497.16 vs. price of ₹471.25 (5.2% below fair value)
Industry Position: 275% above the Insurance median (#265 of 275)
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 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
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