P/EV at 1.5x, P/VNB at 31x, falling RoEV, weak APE growth, and rising protection mix. ICICI Prudential Life looks inexpensive. Is the market’s caution justified?
ICICI Prudential Life Insurance FY26…
P/EV at 1.5x, P/VNB at 31x, falling RoEV, weak APE growth, and rising protection mix. ICICI Prudential Life looks inexpensive. Is the market’s caution justified?