ICICI Prulife (ICICIPRULI.NS)

P/B ratio as of November 2024 : 8.40

According to ICICI Prulife's latest financial reports the company has a price-to-book ratio of 0.978401.
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.

ICICI Prulife - 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	6.96	8.13%
2022-12-31	6.44	-27.5%
2021-12-31	8.88	10.57%
2020-12-31	8.03	-12.89%
2019-12-31	9.22	46.54%
2018-12-31	6.29	-27.6%
2017-12-31	8.69	9.44%
2016-12-31	7.94

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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ICICI Prulife (ICICIPRULI.NS) - P/B ratio