LIC valuation shifts signal fair price attractiveness
pre-market1 source ↓written by the desknot a recommendation
- has risen
- 2.91
Life Insurance Corporation of India (LIC) has seen its PE ratio at 895, indicating a shift from undervaluation. The price-to-book ratio has risen to 2.91, reflecting market pricing at nearly three times its book value. Despite a downgrade from very attractive to fair, the PEG ratio remains low at 0.47, suggesting reasonable price growth relative to earnings. 📉
Not investment advice. For informational purposes only.