It’s not a stretch to say that HDFC Life Insurance Company Limited’s (NSE:HDFCLIFE) price-to-sales (or “P/S”) ratio of 1.3x seems quite “middle-of-the-road” for Insurance companies in India, seeing as it matches the P/S ratio of the wider industry. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake. View our latest analysis for HDFC Life Insurance NSEI:HDFCLIFE Price to Sales Ratio vs Industry…
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