Max Financial Services Limited Market Cap ($4.37 Billion)
Market Cap & Net Worth: Max Financial Services Limited (MFSL)
Max Financial Services Limited market cap. Max Financial Services Limited (NSE:MFSL) has a market capitalization of $4.37 Billion (Rs404.13 Billion) as of November 3, 2026. Listed on the NSE stock exchange, this India-based company holds position #3788 globally and #167 in its home market, demonstrating a -2.86% 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 Rs1176.70 by its total outstanding shares 343446614 (343.45 Million). Also see Max Financial Services Limited cash flow conversion for how efficiently the company converts equity into cash flow.
Max Financial Services Limited Market Cap History (2015–2026)
Max Financial Services Limited market cap history from 2015 to 2026. Data shows growth from $1.88 Billion to $4.37 Billion (7.38% CAGR). Check Max Financial Services Limited stock quote for real-time trading data and today's change.
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
|
$492.57 Billion | 0.89% | #53 of 100 |
|
NIFTY 200
NIFTY200
|
$2.44 Trillion | 0.18% | #127 of 200 |
|
NIFTY 500
NIFTY500
|
$2.99 Trillion | 0.15% | #154 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$657.41 Billion | 0.66% | #68 of 150 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$1.08 Trillion | 0.41% | #82 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.08 Trillion | 0.14% | #152 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. Explore MFSL year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.01x
Max Financial Services Limited's market cap is 0.01 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.20x
Max Financial Services Limited's market cap is 5.20 times its annual earnings
What 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 |
|---|---|---|---|---|---|
| 2017 | $2.20 Billion | $106.92 Billion | $3.95 Billion | 0.02x | 0.56x |
| 2018 | $1.66 Billion | $163.23 Billion | $2.86 Billion | 0.01x | 0.58x |
| 2019 | $1.99 Billion | $194.77 Billion | $2.63 Billion | 0.01x | 0.76x |
| 2020 | $2.51 Billion | $181.32 Billion | $1.45 Billion | 0.01x | 1.73x |
| 2021 | $3.64 Billion | $312.44 Billion | $4.25 Billion | 0.01x | 0.86x |
| 2022 | $2.52 Billion | $311.83 Billion | $2.53 Billion | 0.01x | 0.99x |
| 2023 | $3.54 Billion | $313.28 Billion | $3.78 Billion | 0.01x | 0.94x |
| 2024 | $4.14 Billion | $464.94 Billion | $3.40 Billion | 0.01x | 1.22x |
| 2025 | $6.21 Billion | $463.96 Billion | $3.27 Billion | 0.01x | 1.90x |
| 2026 | $4.37 Billion | $476.96 Billion | $839.70 Million | 0.01x | 5.20x |
Competitor Companies of MFSL by Market Capitalization
Companies near Max Financial Services Limited in the global market cap rankings as of November 3, 2026. Also see how large is Max Financial Services Limited's balance sheet for a full breakdown of the balance sheet.
Key companies related to Max Financial Services Limited by market ranking:
- China Life Insurance Co Ltd A (SHG:601628): Ranked #234 globally with a market cap of $106.65 Billion USD ( CN¥728.82 Billion CNY).
- Ping An Insurance Group Co of China Ltd (SHG:601318): Ranked #328 globally with a market cap of $82.86 Billion USD ( CN¥566.26 Billion CNY).
- Manulife Financial Corp (TO:MFC): Ranked #377 globally with a market cap of $75.01 Billion USD ( CA$103.69 Billion CAD).
- Fubon Financial Holding Co Ltd (TW:2881): Ranked #416 globally with a market cap of $68.67 Billion USD ( NT$2.18 Trillion TWD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #234 | China Life Insurance Co Ltd A | SHG:601628 | $106.65 Billion | CN¥35.00 |
| #328 | Ping An Insurance Group Co of China Ltd | SHG:601318 | $82.86 Billion | CN¥53.12 |
| #377 | Manulife Financial Corp | TO:MFC | $75.01 Billion | CA$62.68 |
| #416 | Fubon Financial Holding Co Ltd | TW:2881 | $68.67 Billion | NT$159.50 |
Market Capitalization of Max Financial Services Limited (2015–2026)
Market capitalization of Max Financial Services Limited from 2015 to today. Between 2015 and today, Max Financial Services Limited's market cap moved from $1.88 Billion to $ 4.37 Billion, with a yearly change of 7.38%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs4.37 Billion | -29.61% |
| 2025 | Rs6.21 Billion | +50.09% |
| 2024 | Rs4.14 Billion | +16.72% |
| 2023 | Rs3.54 Billion | +40.86% |
| 2022 | Rs2.52 Billion | -30.89% |
| 2021 | Rs3.64 Billion | +45.23% |
| 2020 | Rs2.51 Billion | +26.31% |
| 2019 | Rs1.99 Billion | +19.83% |
| 2018 | Rs1.66 Billion | -24.73% |
| 2017 | Rs2.20 Billion | +7.97% |
| 2016 | Rs2.04 Billion | +8.38% |
| 2015 | Rs1.88 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 3rd, 2026 the market cap of Max Financial Services Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.37 Billion USD |
| MoneyControl | $4.37 Billion USD |
| MarketWatch | $4.37 Billion USD |
| marketcap.company | $4.37 Billion USD |
| Reuters | $4.37 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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