According to Life Insurance Corporation of India (LIC)'s latest financial reports the company has a price-to-book ratio of 9.87.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 8.46 | -46.51% |
2022-12-31 | 15.8 | |
2021-12-31 | N/A |