Star Health and Allied Insurance vs Niva Bupa Health Insurance: Share Price, PE and ROE Compared
- August 13, 2026
- Posted by: Lakshit Sharma
- Category: Market
Star Health MCap Rs 34,329 Cr, PE 40.67x, ROE 5.82%. Niva Bupa MCap Rs 15,563 Cr, PE 89.53x, ROE 9.65%.
Quick Answer
Star Health Insurance and Niva Bupa are India’s two listed standalone health insurers. Star at Rs 34,329 Cr is 2.2 times larger, trading at PE 40.67x with ROE 5.82%. Niva Bupa at Rs 15,563 Cr has a higher ROE of 9.65% but is priced at a premium PE of 89.53x. Star has the larger network; Niva Bupa has the backing of UK-based Bupa. Capital efficiency and combined ratio are the most important metrics to track here.
The Star Health and Allied Insurance vs Niva Bupa Health Insurance question comes up often among investors who follow the Health insurance space in India. Star Health MCap Rs 34,329 Cr, PE 40. 67x, ROE 5. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Star Health and Allied Insurance vs Niva Bupa Health Insurance as a research exercise.
All data cited here is sourced from publicly available company filings. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.
Star Health and Allied Insurance vs Niva Bupa Health Insurance: Company Overview and Market Presence
Star Health and Allied Insurance operates in the Health insurance segment and is listed on Indian exchanges. Star Health MCap Rs 34,329 Cr, PE 40 The company has built its market position over the years through its core offerings to customers across India.
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Niva Bupa Health Insurance is the other side of this Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison. 67x, ROE 5 It competes in the same Health insurance space, though its scale and strategy may differ significantly from Star Health and Allied Insurance’s approach.
When investors look at the Star Health and Allied Insurance vs Niva Bupa Health Insurance pair, market capitalisation is usually the first filter. Star Health MCap Rs 34,329 Cr, PE 40. 67x, ROE 5. The size difference, if any, tells you something about liquidity and institutional ownership patterns.
Star Health and Allied Insurance vs Niva Bupa Health Insurance: Business Mix and Revenue Sources
To understand the Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison fully, you need to look at how each company makes money. Star Health and Allied Insurance’s revenue comes from its core Health insurance operations. Star Health and Allied Insurance earns from the Health insurance segment.
Niva Bupa Health Insurance similarly derives its earnings from the Health insurance space. Niva Bupa Health Insurance operates in the Health insurance space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.
Star Health and Allied Insurance vs Niva Bupa Health Insurance: Financial Results and Key Ratios
This is where the Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.
Star Health MCap Rs 34,329 Cr, PE 40 The profitability and efficiency ratios here reflect the latest available data from public filings.
67x, ROE 5 Both sets of numbers should be cross-checked against the latest quarterly reports from BSE or NSE before drawing any conclusions.
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Star Health and Allied Insurance vs Niva Bupa Health Insurance: Valuation and What the Market Is Pricing In
Valuation is a core part of any Star Health and Allied Insurance vs Niva Bupa Health Insurance analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.
Star Health MCap Rs 34,329 Cr, PE 40.67x, ROE 5.82%. Niva Bupa MCap Rs 15,563 Cr, PE 89.53x, ROE 9.65%. The Star Health and Allied Insurance vs Niva Bupa Health Insurance stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.
Dividend yield is another data point worth checking in the Star Health and Allied Insurance vs Niva Bupa Health Insurance pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.
Star Health and Allied Insurance vs Niva Bupa Health Insurance: Side-by-Side Comparison
The table below captures the most relevant metrics side by side for the Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison.
| Parameter | Star Health and Allied Insurance | Niva Bupa Health Insurance |
|---|---|---|
| Market Cap | Rs 34,329 Cr | Rs 15,563 Cr |
| PE Ratio | 40.67x | 89.53x |
| ROE | 5.82% | 9.65% |
What Should Investors Know About the Star Health and Allied Insurance vs Niva Bupa Health Insurance Choice
Every Star Health and Allied Insurance vs Niva Bupa Health Insurance research exercise should go beyond just looking at the current share price. The sector outlook for Health insurance companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.
For the Star Health and Allied Insurance vs Niva Bupa Health Insurance pair specifically: Star Health MCap Rs 34,329 Cr, PE 40. 67x, ROE 5. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.
If you are building a portfolio allocation decision around the Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison, consider the risk profile of your overall portfolio first. Both companies operate in Health insurance, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.
Conclusion
The Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison comes down to this: Star Health and Allied Insurance and Niva Bupa Health Insurance are both listed Indian companies in the Health insurance space, but they differ in scale, valuation, and financial profile. Star Health MCap Rs 34,329 Cr, PE 40. 67x, ROE 5.
Star Health MCap Rs 34,329 Cr, PE 40.67x, ROE 5.82%. Niva Bupa MCap Rs 15,563 Cr, PE 89.53x, ROE 9.65%. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).
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Disclaimer: Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does Star Health and Allied Insurance do?
Ans. Star Health is India’s largest standalone health insurer, distributing retail and group health plans through agents and banking partners.
What does Niva Bupa Health Insurance do?
Ans. Niva Bupa Health Insurance offers retail and group health insurance plans in India, backed by UK-based Bupa’s global health expertise.
Which is larger in the Star Health and Allied Insurance vs Niva Bupa Health Insurance comparison?
Ans. Star Health at Rs 34,329 Cr is approximately 2.2 times larger than Niva Bupa at Rs 15,563 Cr.
How do the valuations compare in Star Health and Allied Insurance vs Niva Bupa Health Insurance?
Ans. Star Health trades at PE 40.67x and Niva Bupa at PE 89.53x. Niva Bupa’s higher PE may reflect growth expectations from a newer franchise.
What is the ROE of Star Health and Allied Insurance?
Ans. Star Health ROE is 5.82% based on latest available data. Verify from NSE or BSE.
Does Niva Bupa Health Insurance pay dividends?
Ans. Neither company pays a significant dividend currently based on latest data.
How should I evaluate standalone health insurance stocks?
Ans. For health insurers, key metrics include combined ratio, claims loss ratio, gross premium growth, and investment income. Low combined ratio signals profitable underwriting.