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Life Insurance Nepal (XNEP:LICN) Price-to-Tangible-Book : 4.95 (As of Jun. 24, 2024)


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What is Life Insurance Nepal Price-to-Tangible-Book?

As of today (2024-06-24), Life Insurance Nepal's share price is NPR1344.00. Life Insurance Nepal's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was NPR271.50. Hence, Life Insurance Nepal's Price to Tangible Book Ratio of today is 4.95.

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

XNEP:LICN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19   Med: 0.59   Max: 28.76
Current: 4.95

During the past 12 years, Life Insurance Nepal's highest Price to Tangible Book Ratio was 28.76. The lowest was 0.19. And the median was 0.59.

XNEP:LICN's Price-to-Tangible-Book is ranked worse than
89.06% of 466 companies
in the Insurance industry
Industry Median: 1.34 vs XNEP:LICN: 4.95

A closely related ratio is called PB Ratio. As of today, Life Insurance Nepal's share price is NPR1344.00. Life Insurance Nepal's Book Value per Sharefor the quarter that ended in Apr. 2024 was NPR271.51. Hence, Life Insurance Nepal's P/B Ratio of today is 4.95.


Life Insurance Nepal Price-to-Tangible-Book Historical Data

The historical data trend for Life Insurance Nepal'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.

Life Insurance Nepal Price-to-Tangible-Book Chart

Life Insurance Nepal Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.24 1.48 3.12 4.86

Competitive Comparison of Life Insurance Nepal's Price-to-Tangible-Book

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


Life Insurance Nepal's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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



Life Insurance Nepal Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2024 )
=1344.00/271.5
=4.95

* 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 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.


Life Insurance Nepal Price-to-Tangible-Book Related Terms

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


Life Insurance Nepal (XNEP:LICN) Business Description

Traded in Other Exchanges
N/A
Address
Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL
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 the largest capitalized insurance companies in Nepal. It offers a range of life insurance products such as endowment plans, child plans, money back plans, and services like a revival of a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's major source of revenue is through insurance premiums, which are received either by direct remittance of cheque or bank draft.