SBI Life Insurance (SBILIFE.NS)

P/B ratio as of September 2024 : 11.8

According to SBI Life Insurance's latest financial reports the company has a price-to-book ratio of 11.8.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

SBI Life Insurance - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	9.95	1.57%
2022-12-31	9.80	-8.31%
2021-12-31	10.7	19.73%
2020-12-31	8.92	-21.27%
2019-12-31	11.3	39.36%
2018-12-31	8.13	-24.57%
2017-12-31	10.8

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SBI Life Insurance (SBILIFE.NS) - P/B ratio