HDFC Life Insurance Company Limited (BOM:540777) Price-to-Tangible-Book : 8.43 (As of Apr. 30, 2024)

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What is HDFC Life Insurance Company Limited Price-to-Tangible-Book?

As of today (2024-04-30), HDFC Life Insurance Company Limited's share price is ₹575.00. HDFC Life Insurance Company Limited's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹68.20. Hence, HDFC Life Insurance Company Limited's Price to Tangible Book Ratio of today is 8.43.

The historical rank and industry rank for HDFC Life Insurance Company Limited's Price-to-Tangible-Book or its related term are showing as below:

BOM:540777' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.3 Med: 13.17 Max: 19.48
Current: 8.43

During the past 12 years, HDFC Life Insurance Company Limited's highest Price to Tangible Book Ratio was 19.48. The lowest was 8.30. And the median was 13.17.

BOM:540777's Price-to-Tangible-Book is ranked worse than
95.2% of 458 companies
in the Insurance industry
Industry Median: 1.345 vs BOM:540777: 8.43

A closely related ratio is called PB Ratio. As of today, HDFC Life Insurance Company Limited's share price is ₹575.00. HDFC Life Insurance Company Limited's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹68.20. Hence, HDFC Life Insurance Company Limited's P/B Ratio of today is 8.43.

HDFC Life Insurance Company Limited Price-to-Tangible-Book Historical Data

The historical data trend for HDFC Life Insurance Company Limited's Price-to-Tangible-Book 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.

HDFC Life Insurance Company Limited Price-to-Tangible-Book Chart

HDFC Life Insurance Company Limited Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

13.17

16.35

11.44

8.30

9.28

HDFC Life Insurance Company Limited Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	8.30	-	9.81	9.28

Competitive Comparison of HDFC Life Insurance Company Limited's Price-to-Tangible-Book

For the Insurance - Life subindustry, HDFC Life Insurance Company Limited's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

HDFC Life Insurance Company Limited's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, HDFC Life Insurance Company Limited's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where HDFC Life Insurance Company Limited's Price-to-Tangible-Book falls into.

HDFC Life Insurance Company Limited Price-to-Tangible-Book Calculation

HDFC Life Insurance Company Limited's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	575.00	/	68.203
	=	8.43

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

HDFC Life Insurance Company Limited Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of HDFC Life Insurance Company Limited's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

HDFC Life Insurance Company Limited (BOM:540777) Business Description

Industry

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HDFCLIFE:India

Address

N.M. Joshi Marg, 13th Floor, Lodha Excelus, Apollo Mills Compound, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.hdfclife.com

HDFC Life Insurance Company Limited is a long-term life insurance company. It offers individual and group insurance solutions such as Protection, Pension, Savings and Investment, and Health, along with Children's and Women's Plans. The company operates through segments namely, Participating Life (Individual & Group), Participating Pension (Individual & Group), Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Life Group Variable, Non-Participating Pension Group Variable, Non-Participating - Annuity, Non Participating - Individual & Group Health, Unit Linked - Individual Life, Unit Linked - Individual Pension, Unit Linked - Group Life and Unit Linked - Group Pension.

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