Star Health vs Niva Bupa: share price, P/E, ROE and financials compared
Star Health and Allied Insurance Company
Niva Bupa Health Insurance Company
Star Health and Niva Bupa at a glance
Star Health and Niva Bupa are both listed in Financial Services. Star Health is the larger by market cap, at ₹33,230 Cr against ₹14,080 Cr for Niva Bupa (2.4 times as large). On valuation, Star Health has the lower P/E (31.6× against 39.0×) and the lower price-to-book (3.18× against 3.67×). On returns and margins, Niva Bupa has the higher ROE (12.1% against 9.5%). Over three years, Niva Bupa has faster 3-year profit growth (+118.4% 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 | Star HealthSTARHEALTH | Niva BupaNIVABUPA |
|---|---|---|
| Price (₹) | 564.75 | 76.08 |
| Market cap (₹ Cr) | 33,230 | 14,080 |
| P/E | 31.6× (the lower figure, shaded) | 39.0× |
| P/B | 3.18× (the lower figure, shaded) | 3.67× |
| Dividend yield, trailing | 0.00% | 0.00% |
| ROE | 9.5% | 12.1% (the higher figure, shaded) |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 4.4% | 4.8% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | −3.4% | +118.4% (the higher figure, shaded) |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 1,054 | – |
| 1Y return | +11.0% (the higher figure, shaded) | +0.5% |
| Promoter holding | 58.00% | 55.29% |
Star Health vs Niva Bupa: common questions
Which is bigger, Star Health or Niva Bupa?
By market cap, Star Health is bigger at ₹33,230 Cr, against ₹14,080 Cr for Niva Bupa (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Star Health or Niva Bupa?
Star Health trades at a P/E of 31.6× and Niva Bupa at 39.0×. Star Health has the lower P/E. 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, Star Health or Niva Bupa?
Star Health reports a return on equity of 9.5% and Niva Bupa 12.1%. Niva Bupa has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Star Health or Niva Bupa?
Over the last three years: profit grew −3.4% a year at Star Health and +118.4% at Niva Bupa, so Niva Bupa grew profit faster. Past growth doesn’t predict future growth.