Company Valuation: General Insurance Corporation of India

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 3,49,827 1,99,738 2,34,476 5,78,513 7,38,778 6,97,549 - -
Change - -42.9% 17.39% 146.73% 27.7% -5.58% - -
Enterprise Value (EV) 1 1,66,886 -11,093 2,34,476 3,34,625 4,92,413 4,59,613 4,57,233 4,57,233
Change - -106.65% 2,213.77% 42.71% 47.15% -6.66% -0.52% 0%
P/E ratio 18.2x 9.96x 3.71x 8.9x 11x 9.5x 8.76x 8.11x
PBR 1.45x 0.76x 0.65x 1.5x 1.65x 1.13x 1x 0.89x
PEG - 2.27x 0x 3.05x 3.48x 1x 1.03x 1.02x
Capitalization / Revenue 0.74x 0.46x 0.64x 1.56x 1.8x 1.34x 1.23x 1.11x
EV / Revenue 0.35x -0.03x 0.64x 0.9x 1.2x 0.88x 0.8x 0.73x
EV / EBITDA - - - - - - - -
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 2.25 7.2 10 10 11.69 13.42 14.9
Rate of return - 1.98% 5.39% 3.03% 2.37% 2.94% 3.37% 3.75%
EPS 2 10.95 11.43 35.98 37.03 38.2 41.85 45.39 49
Distribution rate - 19.7% 20% 27% 26.2% 27.9% 29.6% 30.4%
Net sales 1 4,70,144 4,32,085 3,65,916 3,71,818 4,11,540 5,21,132 5,68,520 6,25,790
EBITDA - - - - - - - -
EBIT - - - - - - - -
Net income 1 19,204 20,057 63,125 64,973 67,014 73,260 79,380 86,096
Net Debt 1 -1,82,941 -2,10,831 - -2,43,889 -2,46,365 -2,37,937 -2,40,316 -2,40,316
Reference price 2 199.40 113.85 133.65 329.75 421.10 397.60 397.60 397.60
Nbr of stocks (in thousands) 17,54,400 17,54,400 17,54,400 17,54,400 17,54,400 17,54,400 - -
Announcement Date 29/06/21 27/05/22 25/05/23 28/05/24 26/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.3x0.85x - 3% 738.66Cr
10.75x - - 5.11% 5TCr
7.57x0.61x - 6.36% 665.82Cr
12.32x - - 3.26% 155.92Cr
6.4x - - 4.56% 141.71Cr
3.19x - - 4.29% 46Cr
6.48x4.84x6.1x2.91% 20Cr
Average 8.00x 2.10x 6.10x 4.21% 966.27Cr
Weighted average by Cap. 10.16x 0.79x 6.10x 4.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. GICRE Stock
  4. Valuation General Insurance Corporation of India