NSE ScannerComparison · NSE · data 2026-11-01
ICICI Life Insurance Ltd vs SBI Life Insurance Co. Ltd.
In plain words
Size: SBI Life Insurance Co. Ltd. is about 2.8 times the market value of ICICI Life Insurance Ltd.
Valuation (P/E): SBI Life Insurance Co. Ltd. 62.7 vs ICICI Life Insurance Ltd 37.1.
Profit growth over 3 years: ICICI Life Insurance Ltd 25.5% a year vs SBI Life Insurance Co. Ltd. 12.8% a year.
Debt to equity: ICICI Life Insurance Ltd 0.19 vs SBI Life Insurance Co. Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ICICILIFE | SBILIFE | |
|---|---|---|
| Price | ₹410 | ₹1,658.6 |
| Market cap | ₹59,356 cr | ₹1,66,160 cr |
| P/E | 37.1 | 62.7 |
| P/B | 4.4 | 8.1 |
| ROE | 12.6% | 13.7% |
| ROCE | 0.6% | 0.6% |
| Debt / equity | 0.19 | 0 |
| Operating margin | 4.4% | 2.4% |
| Dividend yield | 0.40% | 0.16% |
| Sales growth, 3 years (yearly) | 7.9% | 18.0% |
| Profit growth, 3 years (yearly) | 25.5% | 12.8% |
| 1-year return | -31.8% | -15.8% |
| Revenue, last 12 months | ₹64,595 cr | ₹1,21,245 cr |
| Net profit, last 12 months | ₹1,608 cr | ₹2,656 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹374 cr | ₹549 cr |
| Quarter profit vs a year earlier | +26.5% | +11.0% |
| Promoter holding | 74.70% | 55.31% |
| Health check | Average (5.4/10) | Average (4.9/10) |
Common questions
Which has a higher P/E, ICICI Life Insurance Ltd or SBI Life Insurance Co. Ltd.?
SBI Life Insurance Co. Ltd. trades at the higher P/E (62.7 against 37.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
SBI Life Insurance Co. Ltd. (13.7% against 12.6%).
Which carries more debt?
ICICI Life Insurance Ltd has the higher debt-to-equity ratio (0.19 against 0).