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Insurance

SSIC Silver Star Insurance Company Limited

Latest results: FY2013 · Dec 2013

Watch SSIC · free results alerts

Last close · 31 Aug 2015

Rs 6.34 -1.40%

Valuation · at the close on 31 Aug 2015

Silver Star Insurance Company Limited (SSIC) valuation

At Rs 6.34 (close on 31 Aug 2015) SSIC trades at 134.2× earnings (FY2013), above its five-year average of 35.8× and above the Insurance median of 6.2×. The shares are priced at 0.35× book value (sector median 0.83×).

P/E · today
134.2×
FY2013
5-yr average35.8× Sector median6.2×
P/B · today
0.35×
FY2013
5-yr average0.40× Sector median0.83×
Dividend yield · today
0.0%
FY2013
5-yr average0.0% Payers' median8.3%

Market value Rs 193.8 mn at Rs 6.34. Sector medians use the latest close of 29 Insurance companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average
P/E history 173.2× 86.6× 0.0× P/E at fiscal year-end FY04: 8.3× P/E at fiscal year-end FY05: 3.3× P/E at fiscal year-end FY06: 3.8× P/E at fiscal year-end FY07: 5.9× P/E at fiscal year-end FY08: 1.7× P/E at fiscal year-end FY09: 5.7× P/E at fiscal year-end FY10: 4.0× P/E at fiscal year-end FY11: 2.8× P/E at fiscal year-end FY12: 6.1× P/E at fiscal year-end FY13: 160.4× FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13

Valuation history

At each fiscal year-end price.

SSIC valuation history (annual) (Rs mn)
Rs mn FY2013 Jan – Dec 2013 FY2012 Jan – Dec 2012 FY2011 Jan – Dec 2011 FY2010 Jan – Dec 2010 FY2009 Jan – Dec 2009 FY2008 Jan – Dec 2008 FY2007 Jan – Dec 2007 FY2006 Jan – Dec 2006 FY2005 Jan – Dec 2005 FY2004 Jan – Dec 2004 FY2003 Jan – Dec 2003 FY2002 Jan – Dec 2002 FY2001 Jan – Dec 2001 FY2000 Jan – Dec 2000 FY1999 Jan – Dec 1999 FY1998 Jan – Dec 1998
Market capitalisation 231.7 252.2 137.5 178.5 283.5 180.6 562.5 235.0 104.0 41.5 27.5 20.7 11.1 8.9 11.1 15.9
Share price (period end) Rs 7.58 8.25 4.50 5.84 9.28 5.91 18.40 7.69 3.40 2.07 1.44 1.09 — — — —
P/E (diluted) 160.39× 6.07× 2.84× 3.96× 5.74× 1.67× 5.94× 3.79× 3.32× 8.32× 6.40× 5.94× — — — —
Price to book 0.42× 0.46× 0.27× 0.33× 0.50× 0.40× 1.47× 0.88× 0.50× 0.45× 0.28× 0.22× — — — —
Dividend yield (gross) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — —
PEG ratio (1.66×) (0.42×) 0.37× (0.45×) (0.11×) 0.12× 0.11× 0.04× 0.01× 0.79× 0.28× (0.11×) — — — —
P/E (diluted, normalised) 160.39× 6.07× 2.84× 3.59× 5.16× 1.67× 5.52× 3.52× 3.04× 7.09× 5.28× 5.94× — — — —
Price to book — 5-year average 0.40× 0.40× 0.55× 0.65× 0.73× 0.79× 0.87× 0.52× — — — — — — — —
Dividend yield — 5-year average 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — — — — — —

SSIC valuation: frequently asked questions

What is SSIC's P/E ratio?

At the closing price of Rs 6.34 on 31 Aug 2015, SSIC trades at a P/E of 134.2× based on EPS of Rs 0.05 (FY2013).

What is SSIC's book value per share?

Silver Star Insurance Company Limited's book value per share was Rs 17.87 at the end of FY2013. The shares trade at 0.35× book value.

Information only, not investment advice.