Home

Jio Financial Services Ltd PB Ratio

Image

Jio Financial Services Ltd

NSE: JIOFIN

PB

1.5

Last updated on: 29 Nov 24

Key Highlights

  • The latest PB Ratio of Jio Financial Services Ltd is 1.5.
  • The PB ratio of the Jio Financial Services Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Jio Financial Services Ltd changed from 1.6 on March 2024 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

208,578 Cr

EPS

2.5

P/E Ratio (TTM)

128.6

P/B Ratio (TTM)

1.5

Day’s High

332.25

Day’s Low

325.35

DTE

0.0

ROE

1.2

52 Week High

332.25

52 Week Low

325.35

ROCE

1.4

Market Price of Jio Financial Services Ltd

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.

Last Ten Days Market Price

Date
leftPrice (₹)right
29 Nov 2024328.3
28 Nov 2024325.45
27 Nov 2024328.95
26 Nov 2024326
25 Nov 2024323.1

SWOT Analysis Of Jio Financial Services Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Jio Financial Services Ltd

Asset Value vs Market Value of Jio Financial Services Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Jio Financial Services Ltd1.51
Bajaj Finance Ltd1279.6
Bajaj Finserv Ltd52.0
Indian Railway Finance Corporation Ltd39.4
Power Finance Corporation Ltd260.4

Historical Market Cap of Jio Financial Services Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Jio Financial Services Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 1.51. 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.
50yearstrust

Unlimited trading starting at just

Rs. 249*