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Investors Who Bought ICICI Prudential Life Insurance (NSE:ICICIPRULI) Shares A Year Ago Are Now Down 25%


Added 05-14-19 09:04:03pm EST - “Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Investors Who Bought ICICI Prudential Life Insurance (NSE:ICICIPRULI) Shares A Year Ago Are Now Down 25%”. Below is an excerpt from the article.

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

ICICI Prudential Life Insurance Company Limited (NSE:ICICIPRULI) shareholders should be happy to see the share price up 10% in the last quarter. But that doesn't change the fact that the returns over the last year have been less than pleasing. After all, the share price is down 25% in the last year, significantly under-performing the market.

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Unhappily, ICICI Prudential Life Insurance had to report a 40% decline in EPS over the last year. The share price fall of 25% isn't as bad as the reduction in earnings per share. It may have been that the weak EPS was not as bad as some had feared.

The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).

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