HDFC Life
HDFCLIFE.NS
$6.91
Share price
-1.25%
Change (1 day)
6.47%
Change (1 year)
Categories
HDFC Life Limited or HDFC Life Insurance Company Ltd. is an Indian life insurance provider with its headquarters in Mumbai, offering individual and group insurance services.
HDFC Life (HDFCLIFE.NS) - P/B ratio
P/B ratio as of May 2024 : 8.55
According to HDFC Life
's latest financial reports the company has a price-to-book ratio of 8.55.
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.
HDFC Life - P/B ratio (from 2018 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 9.82 | 1.14% |
| 2022-12-31 | 9.71 | -34.22% |
| 2021-12-31 | 14.8 | -16.28% |
| 2020-12-31 | 17.6 | -10.43% |
| 2019-12-31 | 19.7 | 28% |
| 2018-12-31 | 15.4 | -13.21% |
| 2017-12-31 | 17.7 |