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Jio Financial Services Ltd PB Ratio

Jio Financial Services Ltd PB Ratio

stocks purchased

₹ 51.8 Cr

Volume transacted

stocks purchased

1485.8 K

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Last Updated time: 16 Sep 15:30 PM

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Jio Financial Services Ltd

NSE: JIOFIN

PB

1.6

Last updated: 13 Sep 24

Key Highlights

  • The P/B Ratio of Jio Financial Services Ltd is 1.6 as of 13 Sep 24.
  • The P/B Ratio of Jio Financial Services Ltd changed from 1.6 on March 2023 to 1.6 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Jio Financial Services Ltd

No data available

Company Fundamentals for Jio Financial Services Ltd

Market Cap

223,603 Cr

EPS

2.5

P/E Ratio (TTM) *

140.8

P/B Ratio (TTM) *

1.6

Day’s High *

354.15

Day’s Low

347.5

DTE *

0.0

ROE *

1.2

52 Week High

394.7

52 Week Low

204.65

ROCE *

1.4

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Jio Financial Services Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

SWOT Analysis Of Jio Financial Services Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Jio Financial Services Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Jio Financial Services Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Jio Financial Services Ltd12,23,603
Bajaj Finance Ltd11184,70,252
Bajaj Finserv Ltd403,02,368
Indian Railway Finance Corporation Ltd382,18,571
Power Finance Corporation Ltd2351,64,923
REC Ltd2551,49,343

Key Valuation Metric of Jio Financial Services Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Jio Financial Services Ltd

No data available

* All values are in crore

Historical Revenue of Jio Financial Services Ltd

No data available

* All values are in crore

Historical EBITDA of Jio Financial Services Ltd

No data available

* All values are in crore

Historical Net Profit of Jio Financial Services Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Jio Financial Services Ltd News Hub

News

Jio Financial Services and BlackRock Advisors Singapore form JV

Jio Financial Services and BlackRock Advisors Singapore have incorporated a joint venture ...

Read more

09 Sep 202409:38

News

Jio Financial Services invests Rs 68 cr in Jio Payments Bank

Jio Financial Services has subscribed to 6,80,00,000 equity shares of Rs.10/- each of Jio ...

Read more

27 Aug 202419:46

News

Jio Financial Services incorporates WoS named - Jio Finance Platform and Service

Jio Financial Services has incorporated a wholly owned subsidiary named Jio Finance Platfo...

Read more

16 Aug 202410:13

News

Jio Financial Services to hold AGM

Jio Financial Services announced that the Annual General Meeting (AGM) of the company will...

Read more

08 Aug 202414:08

News

Jio Financial Services' subsidiary Jio Leasing Services receives ratings action from CARE

Jio Financial Services announced that its subsidiary, Jio Leasing Services has received ra...

Read more

22 Jul 202409:46

News

CRISIL assigns ratings on debt facilities of Jio Leasing Services

Jio Financial Services announced that its subsidiary, Jio Leasing Services has received ra...

Read more

22 Jul 202410:02

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Annual Reports

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FAQs for PB Ratio of Jio Financial Services Ltd

What is the PB ratio of Jio Financial Services Ltd?

The current PB ratio of Jio Financial Services Ltd is 1.61. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Jio Financial Services Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Jio Financial Services Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Jio Financial Services Ltd calculated?

The PB ratio of Jio Financial Services Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Jio Financial Services Ltd?

A high PB ratio suggests that Jio Financial Services Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Jio Financial Services Ltd?

A low PB ratio of Jio Financial Services Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Jio Financial Services Ltd PB Ratio change over time?

Yes, the PB ratio of Jio Financial Services Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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