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General Insurance of IndiaNSE:GICRE -0.46%72 PB Ratio is 0.89 as of Aug. 09, 2026, which is 10% below its 10-year median of 0.99. GuruFocus rates NSE:GICRE with a GF Score™ of 72/100 and a GF Value™ of ₹469.33 (Modestly Undervalued). Among 501 Insurance companies, General Insurance of India ranks better than 74.65% on this metric.
General Insurance Corp of India stock PB Ratio (=0.89) is close to 3-year low of 0.81.
The historical rank and industry rank for General Insurance of India's PB Ratio or its related term are showing as below:
NSE:GICRE'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.99 Max: 3.55
Current: 0.89
During the past 13 years, General Insurance of India's highest PB Ratio was 3.55. The lowest was 0.52. And the median was 0.99.
NSE:GICRE's PB Ratio is ranked better than 74.65% of 501
companies
in the Insurance industry
Industry Median: 1.42
vs NSE:GICRE: 0.89
During the past 12 months, General Insurance of India's average Book Value Per Share Growth Rate was 14.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of General Insurance of India was 30.30% per year. The lowest was -3.50% per year. And the median was 18.90% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
General Insurance of India PB Ratio Related Terms
General Insurance of India PB 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.
For the Insurance - Reinsurance subindustry, General Insurance of India's PB Ratio, along with its competitors' market caps and 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.
General Insurance of India PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, General Insurance of India's PB Ratio distribution charts can be found below:
* The bar in red indicates where General Insurance of India's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
General Insurance of India (NSE:GICRE) has a PB Ratio of 0.89 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on General Insurance of India and its competitors. This is 10% below median its historical median of 0.99. Over the past decade, General Insurance of India's PB Ratio has ranged from 0.52 to 3.55. According to the industry distribution chart, General Insurance of India ranks #127 out of 501 companies in the Insurance industry, placing it in the top 25.3%.
Is General Insurance of India's PB Ratio too high?
General Insurance of India's current PB Ratio of 0.89 is 10% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.55. The Insurance industry median PB Ratio is 1.42. General Insurance of India's value of 0.89 is 37.3% below this industry median. Based on the distribution chart, General Insurance of India ranks #127 out of 501 companies in the Insurance industry, which is above the industry midpoint. Overall, General Insurance of India has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Insurance of India's PB Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, General Insurance of India ranks #127 out of 501 companies for PB Ratio. This puts General Insurance of India in the upper half of its industry. The industry median PB Ratio is 1.42. General Insurance of India's value of 0.89 is 37.3% below this benchmark. Historically, General Insurance of India's own PB Ratio has ranged from 0.52 to 3.55 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.42, General Insurance of India has consistently been below 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 PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.42, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Insurance of India's current PB Ratio of 0.89 is 37.3% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on General Insurance of India and its competitors. For the Insurance industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Insurance of India's current PB Ratio is 0.89, which is 10% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Insurance of India stock overvalued right now?
Based on GuruFocus' analysis, General Insurance of India (NSE:GICRE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹469.33, compared to a current price of ₹357.20 — trading 23.9% below its estimated fair value. The current PB Ratio is 0.89, which is 10% below median its 10-year median of 0.99 and 37.3% below the Insurance industry median of 1.42. General Insurance of India's overall GF Score™ is 72/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For General Insurance of India (NSE:GICRE), the current PB Ratio is 0.89 as of Aug. 09, 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 General Insurance of India (NSE:GICRE) Overvalued in 2026?
Based on GuruFocus' analysis, General Insurance of India stock appears to be undervalued.
The current stock price of ₹357.20 is trading 23.9% below its estimated GF Value™ of ₹469.33.
GuruFocus considers General Insurance of India to be Modestly Undervalued.
Key valuation signals for NSE:GICRE:
PB Ratio: 0.89 (10% below median its 10-year median of 0.99)
GF Value™: ₹469.33 vs. price of ₹357.20 (23.9% below fair value)
Industry Position: 37.3% below the Insurance median (#127 of 501)
No single metric tells the full story. See the NSE:GICRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Insurance Corp of India is a reinsurance company. It provides reinsurance for business lines, including fire (property), marine, motor, Personal Accident, engineering, agriculture, aviation/space, health, liability, credit, financial, and life insurance. The group provides services in Domestic and International market.
72GF Score
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