Max Financial Services Limited
Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, b… Read more
Market Cap & Net Worth: Max Financial Services Limited (MFSL)
Max Financial Services Limited (NSE:MFSL) has a market capitalization of $6.56 Billion (₹567.78 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #2818 globally and #74 in its home market, demonstrating a -3.31% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Max Financial Services Limited's stock price ₹1645.20 by its total outstanding shares 345114771 (345.11 Million).
Max Financial Services Limited Market Cap History: 2015 to 2026
Max Financial Services Limited's market capitalization history from 2015 to 2026. Data shows growth from $2.02 Billion to $6.56 Billion (11.37% CAGR).
Index Memberships
Max Financial Services Limited is a constituent of 6 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY MIDCAP 100
NIFMDCP100
|
$274.55 Billion | 1.78% | #14 of 100 |
|
NIFTY 200
NIFTY200
|
$1.08 Trillion | 0.45% | #68 of 200 |
|
NIFTY 500
NIFTY500
|
$1.33 Trillion | 0.37% | #69 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$342.17 Billion | 1.43% | #14 of 150 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$535.62 Billion | 0.91% | #18 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.39 Trillion | 0.35% | #70 of 750 |
Weight: Max Financial Services Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Max Financial Services Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Max Financial Services Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.01x
Max Financial Services Limited's market cap is 0.01 times its annual revenue
0.37x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.04x
Max Financial Services Limited's market cap is 2.04 times its annual earnings
1.99x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $2.19 Billion | $106.91 Billion | $2.53 Billion | 0.02x | 0.87x |
| 2017 | $2.36 Billion | $106.92 Billion | $3.95 Billion | 0.02x | 0.60x |
| 2018 | $1.78 Billion | $163.23 Billion | $2.86 Billion | 0.01x | 0.62x |
| 2019 | $2.13 Billion | $194.77 Billion | $2.63 Billion | 0.01x | 0.81x |
| 2020 | $2.69 Billion | $181.32 Billion | $1.45 Billion | 0.01x | 1.86x |
| 2021 | $3.91 Billion | $312.44 Billion | $4.25 Billion | 0.01x | 0.92x |
| 2022 | $2.70 Billion | $311.83 Billion | $2.53 Billion | 0.01x | 1.07x |
| 2023 | $3.80 Billion | $313.28 Billion | $3.78 Billion | 0.01x | 1.00x |
| 2024 | $4.44 Billion | $464.94 Billion | $3.40 Billion | 0.01x | 1.31x |
| 2025 | $6.66 Billion | $463.96 Billion | $3.27 Billion | 0.01x | 2.04x |
Competitor Companies of MFSL by Market Capitalization
Companies near Max Financial Services Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Max Financial Services Limited by market ranking:
- Ping An Insurance Company of China (PINK:PNGAY): Ranked #100 globally with a market cap of $168.25 Billion USD.
- Ping An Insurance (PINK:PIAIF): Ranked #220 globally with a market cap of $90.86 Billion USD.
- AIA Group Ltd (PINK:AAIGF): Ranked #276 globally with a market cap of $75.83 Billion USD.
- Manulife Financial Corp (NYSE:MFC): Ranked #379 globally with a market cap of $57.10 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #100 | Ping An Insurance Company of China | PINK:PNGAY | $168.25 Billion | $11.11 |
| #220 | Ping An Insurance | PINK:PIAIF | $90.86 Billion | $6.00 |
| #276 | AIA Group Ltd | PINK:AAIGF | $75.83 Billion | $7.21 |
| #379 | Manulife Financial Corp | NYSE:MFC | $57.10 Billion | $34.11 |
Max Financial Services Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Max Financial Services Limited's market cap moved from $2.02 Billion to $ 6.56 Billion, with a yearly change of 11.37%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹6.56 Billion | -1.59% |
| 2025 | ₹6.66 Billion | +50.09% |
| 2024 | ₹4.44 Billion | +16.72% |
| 2023 | ₹3.80 Billion | +40.86% |
| 2022 | ₹2.70 Billion | -30.89% |
| 2021 | ₹3.91 Billion | +45.23% |
| 2020 | ₹2.69 Billion | +26.31% |
| 2019 | ₹2.13 Billion | +19.83% |
| 2018 | ₹1.78 Billion | -24.73% |
| 2017 | ₹2.36 Billion | +7.97% |
| 2016 | ₹2.19 Billion | +8.38% |
| 2015 | ₹2.02 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Max Financial Services Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.56 Billion USD |
| MoneyControl | $6.56 Billion USD |
| MarketWatch | $6.56 Billion USD |
| marketcap.company | $6.56 Billion USD |
| Reuters | $6.56 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.