# ALICL vs SJLIC

[ALICL](https://nepse.link/stocks/ALICL) (Asian Life Insurance Co Limited) and [SJLIC](https://nepse.link/stocks/SJLIC) (SuryaJyoti Life Insurance Company Limited) are two of the most traded Life Insurance stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

SJLIC is ahead of ALICL on 4 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. ALICL is the bigger company by market value (Rs 2,217.06 crore), 1.0 times SJLIC (Rs 2,154.64 crore).

## Which is ahead on each measure

- SJLIC is cheaper on P/E (52.3 against 53.5 for ALICL).
- SJLIC is cheaper on price to book (3.1 against 3.5 for ALICL).
- SJLIC has done better over a year (+1.6% against -5.2% for ALICL).
- SJLIC declared the bigger latest dividend (13.00% for 081/082).
- ALICL earns more on its equity (ROE 6.57% against 5.97%).
- ALICL grew its net profit faster against the same quarter last year (+1.2% against -15.9% for SJLIC).

## ALICL and SJLIC side by side

| Measure | ALICL | SJLIC |
| --- | --- | --- |
| Last close | Rs 422.20 | Rs 429.90 |
| Change, 1 month | +1.25% | +3.59% |
| Change, 1 year | -5.19% | +1.61% |
| EPS | Rs 7.89 | Rs 8.22 |
| P/E | 53.5 | 52.3 |
| Book value per share | Rs 120.13 | Rs 137.73 |
| Price to book | 3.51 | 3.12 |
| ROE | 6.57% | 5.97% |
| Net profit growth, same quarter last year | +1.2% | -15.9% |
| Latest dividend | 10.53% (081/082) | 13.00% (081/082) |
| Market value | Rs 2,217.06 crore | Rs 2,154.64 crore |
| Average daily turnover, 30 days | Rs 0.98 crore | Rs 0.91 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.71 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Life Insurance comparisons

- [ALICL vs HLI](https://nepse.link/stocks/compare/ALICL-vs-HLI)
- [ALICL vs NLIC](https://nepse.link/stocks/compare/ALICL-vs-NLIC)
- [ALICL vs SRLI](https://nepse.link/stocks/compare/ALICL-vs-SRLI)
- [HLI vs SJLIC](https://nepse.link/stocks/compare/HLI-vs-SJLIC)
- [NLIC vs SJLIC](https://nepse.link/stocks/compare/NLIC-vs-SJLIC)
- [SJLIC vs SRLI](https://nepse.link/stocks/compare/SJLIC-vs-SRLI)
- [Every Life Insurance stock](https://nepse.link/stocks/sector/life-insurance)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.