Life Insurance Nepal (XNEP:LICN) PB Ratio : 6.04 (As of Dec. 13, 2024)

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What is Life Insurance Nepal PB Ratio?

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. As of today (2024-12-13), Life Insurance Nepal's share price is NPR1229.00. Life Insurance Nepal's Book Value per Share for the quarter that ended in Apr. 2024 was NPR203.63. Hence, Life Insurance Nepal's PB Ratio of today is 6.04.

The historical rank and industry rank for Life Insurance Nepal's PB Ratio or its related term are showing as below:

XNEP:LICN' s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.7 Max: 31.53
Current: 6.62

During the past 13 years, Life Insurance Nepal's highest PB Ratio was 31.53. The lowest was 0.31. And the median was 0.70.

XNEP:LICN's PB Ratio is ranked worse than
94.17% of 480 companies
in the Insurance industry
Industry Median: 1.3 vs XNEP:LICN: 6.62

During the past 12 months, Life Insurance Nepal's average Book Value Per Share Growth Rate was -95.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -40.90% 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 Life Insurance Nepal was 417.70% per year. The lowest was -56.90% per year. And the median was 13.70% per year.

Back to Basics: PB Ratio

Life Insurance Nepal PB Ratio Historical Data

The historical data trend for Life Insurance Nepal's 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.

* Premium members only.

Life Insurance Nepal PB Ratio Chart

Life Insurance Nepal Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

PB Ratio

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0.41

8.07

12.62

7.77

6.89

Life Insurance Nepal Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
PB Ratio	Get a 7-Day Free Trial															0.32	6.89	5.93	6.26	6.48

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:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Apr. 2024)
	=	1229.00	/	203.631
	=	6.04

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL

Website

https://www.licnepal.com.np

Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.