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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Life Insurance of IndiaNSE:LICI +0.43%78 3-Year ROIIC % is 1.60 as of Mar. 2026, which is 35% below its 10-year median of 2.45. GuruFocus rates NSE:LICI with a GF Score™ of 78/100 and a GF Value™ of ₹479.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 338 Insurance companies, Life Insurance of India ranks worse than 67.16% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Life Insurance of India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Life Insurance of India's 3-Year ROIIC % or its related term are showing as below:
NSE:LICI's 3-Year ROIIC % is ranked worse than 67.16% of 338
companies
in the Insurance industry
Industry Median: 5.09
vs NSE:LICI: 1.60
Life Insurance of India (NSE:LICI) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Life Insurance of India 3-Year ROIIC % Related Terms
Life Insurance of India 3-Year ROIIC % 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.
NSE:LICI vs AFL, MET, PRU: 3-Year ROIIC % Comparison
For the Insurance - Life subindustry, Life Insurance of India's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 of India 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Life Insurance of India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Life Insurance of India's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Life Insurance of India (NSE:LICI) has a 3-Year ROIIC % of 1.60 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Life Insurance of India and its competitors. This is 35% below median its historical median of 2.45. Over the past decade, Life Insurance of India's 3-Year ROIIC % has ranged from 1.60 to 3.18. According to the industry distribution chart, Life Insurance of India ranks #227 out of 338 companies in the Insurance industry, placing it in the top 67.2%.
Is Life Insurance of India's 3-Year ROIIC % too high?
Life Insurance of India's current 3-Year ROIIC % of 1.60 is 35% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 3.18. The Insurance industry median 3-Year ROIIC % is 5.09. Life Insurance of India's value of 1.60 is 68.6% below this industry median. Based on the distribution chart, Life Insurance of India ranks #227 out of 338 companies in the Insurance industry, which is below the industry midpoint. Overall, Life Insurance of India has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Life Insurance of India's 3-Year ROIIC % compare to AFL and MET?
According to the Insurance industry distribution chart, Life Insurance of India ranks #227 out of 338 companies for 3-Year ROIIC %. This places Life Insurance of India in the lower half of its industry. The industry median 3-Year ROIIC % is 5.09. Life Insurance of India's value of 1.60 is 68.6% below this benchmark. Historically, Life Insurance of India's own 3-Year ROIIC % has ranged from 1.60 to 3.18 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 5.09, Life 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 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.09, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Life Insurance of India's current 3-Year ROIIC % of 1.60 is 68.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Life Insurance of India and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life Insurance of India's current 3-Year ROIIC % is 1.60, which is 35% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life Insurance of India stock overvalued right now?
Based on GuruFocus' analysis, Life Insurance of India (NSE:LICI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹479.15, compared to a current price of ₹393.00 — trading 18% below its estimated fair value. The current 3-Year ROIIC % is 1.60, which is 35% below median its 10-year median of 2.45 and 68.6% below the Insurance industry median of 5.09. Life Insurance of India's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Life Insurance of India (NSE:LICI), the current 3-Year ROIIC % is 1.60 as of Mar. 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 Life Insurance of India (NSE:LICI) Overvalued in 2026?
Based on GuruFocus' analysis, Life Insurance of India stock appears to be undervalued.
The current stock price of ₹393.00 is trading 18% below its estimated GF Value™ of ₹479.15.
GuruFocus considers Life Insurance of India to be Modestly Undervalued.
Key valuation signals for NSE:LICI:
3-Year ROIIC %: 1.60 (35% below median its 10-year median of 2.45)
GF Value™: ₹479.15 vs. price of ₹393.00 (18% below fair value)
Industry Position: 68.6% below the Insurance median (#227 of 338)
No single metric tells the full story. See the NSE:LICI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and group products.
78GF Score
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