Life Insurance Nepal (XNEP:LICN) PB Ratio : 4.96 (As of Jun. 24, 2024)

Life Insurance Nepal PB Ratio Chart

Life Insurance Nepal Annual Data
	Trend	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20
PB Ratio		Get a 7-Day Free Trial					1.35	0.73	0.47	0.41	0.42

Life Insurance Nepal Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Oct23	Jan24	Apr24
PB Ratio	Get a 7-Day Free Trial															0.19	0.24	1.48	3.12	4.86

Competitive Comparison of Life Insurance Nepal's PB Ratio

For the Insurance - Life subindustry, Life Insurance Nepal'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.

Life Insurance Nepal's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Life Insurance Nepal's PB Ratio distribution charts can be found below:

* The bar in red indicates where Life Insurance Nepal's PB Ratio falls into.

Life Insurance Nepal PB Ratio Calculation

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.

Life Insurance Nepal's PB Ratio for today is calculated as follows:

* 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.

Life Insurance Nepal  (XNEP:LICN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Life Insurance Nepal PB Ratio Related Terms

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Life Insurance Nepal (XNEP:LICN) Business Description