HDFC Life (HDFCLIFE.NS)

P/B ratio as of November 2024 : 9.22

According to HDFC Life 's latest financial reports the company has a price-to-book ratio of 1.29855.
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	27.98%
2018-12-31	15.4	-13.21%
2017-12-31	17.7

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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HDFC Life (HDFCLIFE.NS) - P/B ratio