Most Indian investors wanting exposure to the private life insurance sector watch the sbi life insurance share price very closely. Certain portion of this information has been sourced from the SBI Life Insurance Company Limited website which is promoted by State Bank of India. It has built a track record of solid distribution, disciplined underwriting and consistent profitability since it listed in 2017. While the stock inscription on NSE is SBILIFE and on BSE code is 540719.
This article notes the latest price data, movement history, valuation ratios, growth drivers, risks, and outlook so you can get to know the stock better.
Latest SBI Life Insurance Share Price Snapshot
Since the live quotes change every second during market hours, always check it on NSE, BSE or your broker app. The latest data I could find was already 21 September 2026. The stock had opened at ₹1,769.55 and the previous close was ₹1,769.40, while it touched a 52-week low of ₹1,653.00 and a high of ₹2,132.90. Meanwhile, until that point, the sbi life insurance share price was barely moved from around ₹1,770. Please note this is NOT today’s LIVE quote
| Parameter | Value (21 Sept 2026) |
| Price (NSE/BSE) | ₹1,769.55 |
| Previous close | ₹1,769.40 |
| 52-week low | ₹1,653.00 |
| 52-week high | ₹2,132.90 |
| P/E ratio (TTM) | 68.26 |
| P/B ratio | 8.82 |
| 6-month change | -6.61% |
| 1-year change | -4.82% |
The P/E ratio was 68.26, the P/B ratio was 8.82, and the stock declined 6.61% in six months and 4.82% in one year.
Price Trend Through 2025–2026
The stock is in consolidation-to-weak period. It was around ₹2,012 on 29 December 2025. It crashed nearly 5% intraday to about ₹1,931 on 4 March 2026. It has largely oscillated within the ₹1,750–₹1,950 band since then. The sbi life insurance share price over these months demonstrates how the market has argued over its premium valuation.
| Date | Approximate price (₹) |
| 29 Dec 2025 | 2,012 |
| 11 Mar 2026 | 1,935 |
| 24 Apr 2026 | 1,775–1,779 |
| 12 May 2026 | 1,829–1,844 |
| 27 May 2026 | 1,865–1,878 |
| 24–25 Jun 2026 | 1,749–1,762 |
| 21 Sep 2026 | 1,769.55 |
Keep in mind these are not closing prices, these are intraday quotes between the sessions and should be seen as more indicative.
About SBI Life Insurance
The company also provides individual and group life insurance, including participating, non-participating, pension, group gratuity, unit-linked, variable and health and micro insurance products. One of its biggest advantages is the State Bank of India network that connects it with millions of clients through bank branches. The company also sells via agents, brokers, corporate agents and direct channels. The advantage of this multi-channel reach is evident, as steadily growing new business is one of the reasons the sbi life insurance share price has commanded a price-to-value ratio that is higher than many of its peers.
Valuation: Is the Stock Expensive?
When looking at the broader market, the P/E is 68.26, the outlook appears a bit bumpy. In the case of life insurers, the embedded value and value of new business (VNB) rather than plain earnings is more commonly used for valuations, because accounting profits can be lumpy. Analysts therefore look at:
- Price to embedded value (P/EV): market pricing of the in-force book;
- VNB margin: bwin: sale of new policies.
- Return on equity: the efficiency of capital usage.
- Solvency ratio: the excess above legal requirements.
Now, a high P/E alone does not underpin a stock being overvalued — rather, it allows less room for disappointment. The sbi life insurance share price can fall sharply (see Mar 2026) when the growth slows, only to rebound whence it comes to life.
Factors That Influence the Share Price
Multiple forces determine how the share price of sbi life insurance behaves:
- New business premium, VNB margin and net profit surprises: Stock reacts quickly to QTR results
- Regulatory changes: Margins are impacted by IRDAI rules on commissions, surrender values & product specific structures.
- Taxation: alteration in tax treatment of insurance maturity proceeds leads to modification in demand for savings-linked products.
- Interest rates: These have an impact on investment returns and product prices.
- Equity markets unit-linked sales and investment income are conditional on market circumstances.
- Foreign and domestic institutional flows: fund buying or selling can move stocks short-term.
- Overall market trend: insurance stocks sometimes move in tandem with the indices in the financial sector such as Nifty Financial Services.
Technical View: Support and Resistance
The stock has a very clear range from 52-week data. Major support is the 52-week low of ₹1,653, and the long-term resistance is the 52-week high of ₹2,132.90. If you keep closing below the support level for a long time, we could see a continued career dot on the downside, and on the upsides, once you close up, in this range of ₹1,950–2,000, we can consider recovering. This is a popular way traders analyze sbi life insurance share price in tandem with moving averages, RSI and volume trends. Only guidelines, not absolutes, technical levels.
Dividend History
It is primarily a growth and compounding story and thus not an income stock, as SBI Life does not pay a high dividend. A two-wheeler and three-wheeler stock with a dividend of ₹2.7 per share is listed on Upstox. Given that the stock is priced near ₹1,770, the yield is extremely low; therefore, investors should not expect dividends as a source of returns, but rather longer-term earnings growth from pump-action buyers.
Peer Comparison
SBI Life competes with HDFC Life, ICICI Prudential Life, Max Financial Services and LIC Each has different strengths. The diversified distribution of HDFC Life, protection and ULIP franchise of ICICI Prudential, and scale and agent base of LIC. SBI Life is a clear winner in terms of bank-driven distribution and cost efficiency. While the sbi life insurance share price alone might look a little less attractive, comparing it with peers on VNB margin, growth and valuation provides a better context.
Strengths and Risks
| Strengths | Risks |
| Backed by State Bank of India | Premium valuation (P/E 68.26) |
| Wide distribution network | Regulatory and tax changes |
| Diversified product mix | Dependence on bancassurance channel |
| Consistent profitability | Market-linked volatility |
| Strong brand trust | Intense competition from private insurers |
How to Buy SBI Life Shares
- Get a Demat & trading account with a SEBI registered broker
- Finish KYC and join your bank account.
- Find “SBILIFE” from the app or platform.
- Select a number of market or limit orders and input the number.
- Reconfirm the order; shares are then allocated to your demat account, generally within one business day after settlement.
When share prices are diffusive, you may want to manage the price (SBI life insurance share price) at which you like to buy, and it would make sense to place a limit order. To mitigate timing risk, you also can invest in tranches using a systematic approach.
Outlook
The long term story for India as the penetration for life insurance is still low, coupled with rising incomes, pandemic creating awareness and a growing savings base. 4 SBI Life: SBI Life is well-positioned to take advantage of its network in banks. But in the short run, the shares could remain in a tight range until growth and margin trends can support its premium valuation. Keep an eye on the quarterly results for the upcoming VNB margin comments and any regulatory announcements. Business quality is what long-term investors care about, but short-term traders look at technical levels. In both situations, the sbi life insurance share price must be estimated in context with the company Fundamentals, along with individual risk appetite.
Conclusion
SBI Life is banking on a solid parentage and pan-India reach, but its valuation is demanding and the stock appears sluggish till 2026. Using data as latest as October 2023, it had a price of near ₹1,770 (over a 52 weeks low of ₹1,653 a 52 week high of ₹2,132.90 ) Those looking to monitor sbi life insurance share price can track live quotes, read through quarterly results and matchup earnings with peers.
Explore Corporate Insurance Policy for information on insurance plans, policy benefits, coverage options, and premium details.
Frequently Asked Questions
1. What is the current SBI Life Insurance share price?
The last I can find is ₹1,769.55 as of 21 September 2026. Note that live prices are not constant so please check NSE, BSE or a broker app for its quote for today!
2. What are the 52-week high and low of SBI Life?
The 52-week high is ₹2,132.90 and the 52-week low is ₹1,653.00 as on 21 September, 2026
3. Is the sbi life insurance share price expensive?
The P/E of 68.26 and a P/B of 8.82 are high for many sectors. Comparing embedded value and VNB margin can go a long way in giving you a sense of how to rank insurers (insurers should prefer to be judged on these metrics).
4. Does SBI Life pay dividends?
Well, yes, a little dividend. Since the payouts are only ₹2.7 per share when listed, the yield is low.
5. On which exchanges is SBI Life listed?
On the NSE, it is listed under SBILIFE and on the BSE, the stock has the code: 540719.
6. What factors affect the stock in the future?
The sbi life insurance share price is influenced by quarterly results, VNB margins, and IRDAI regulations as well as tax rules, interest rates as well as trends in equities and institutional flows.
