ICICI Lombard vs Star Health: share price, P/E, ROE and financials compared
ICICI Lombard General Insurance Company
Star Health and Allied Insurance Company
ICICI Lombard and Star Health at a glance
ICICI Lombard and Star Health are both listed in Financial Services. ICICI Lombard is the larger by market cap, at ₹82,393 Cr against ₹33,230 Cr for Star Health (2.5 times as large). On valuation, Star Health has the lower price-to-book (3.18× against 3.94×). On returns and margins, ICICI Lombard has the higher ROE (13.6% against 9.5%). Over three years, ICICI Lombard has faster 3-year profit growth (+17.0% against −3.4% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | ICICI LombardICICIGI | Star HealthSTARHEALTH |
|---|---|---|
| Price (₹) | 1,649.00 | 564.75 |
| Market cap (₹ Cr) | 82,393 | 33,230 |
| P/E | 32.4× | 31.6× |
| P/B | 3.94× | 3.18× (the lower figure, shaded) |
| Dividend yield, trailing | 0.85% (the higher figure, shaded) | 0.00% |
| ROE | 13.6% (the higher figure, shaded) | 9.5% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 8.8% (the higher figure, shaded) | 4.4% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +17.0% (the higher figure, shaded) | −3.4% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 2,555 | 1,054 |
| 1Y return | −20.6% | +11.0% (the higher figure, shaded) |
| Promoter holding | 51.28% | 58.00% |
ICICI Lombard vs Star Health: common questions
Which is bigger, ICICI Lombard or Star Health?
By market cap, ICICI Lombard is bigger at ₹82,393 Cr, against ₹33,230 Cr for Star Health (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,555 Cr for ICICI Lombard and ₹1,054 Cr for Star Health.
Which has a lower P/E ratio, ICICI Lombard or Star Health?
ICICI Lombard trades at a P/E of 32.4× and Star Health at 31.6×. The two are close. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, ICICI Lombard or Star Health?
ICICI Lombard reports a return on equity of 13.6% and Star Health 9.5%. ICICI Lombard has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, ICICI Lombard or Star Health?
Over the last three years: profit grew +17.0% a year at ICICI Lombard and −3.4% at Star Health, so ICICI Lombard grew profit faster. Past growth doesn’t predict future growth.