Jio Financial Services Limited
JIOFIN
Rank in Stocks
#1420
Jio Financial Services Limited is an Indian non-banking financial company that... Jio Financial Services Limited is an Indian non-banking financial company that provides digital financial products and services without accepting deposits. Established in 1999 and based in Mumbai, India, the company previously operated as Reliance Strategic Investments Limited before rebranding to its current name in July 2023.
Share Price
$2.36
Last synced: 2026-10-19
Market Cap
$15.59B
Change (1 day)
-1.04%
Change (1 year)
-33.33%
Country
IN
Trade Jio Financial Services Limited (JIOFIN)
Category
Financial Services
P/E ratio for Jio Financial Services Limited (JIOFIN)
P/E ratio as of October 2026 TTM: 68.64
According to Jio Financial Services Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 68.64. At the end of 2024 the company had a P/E ratio of 141.34.
P/E ratio history for Jio Financial Services Limited from 2014 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 68.64 | -24.34% |
| 2025 | 90.72 | -35.81% |
| 2024 | 141.34 | -97.21% |
| 2023 | 5.06K | 437.73% |
| 2022 | 941.05 | -26.77% |
| 2021 | 1.29K | -98.13% |
| 2020 | 68.77K | -16,142.01% |
| 2019 | -428.70 | -100.66% |
| 2018 | 65.43K | 115.63% |
| 2017 | 30.34K | -18,255.50% |
| 2016 | -167.13 | -109.35% |
| 2015 | 1.79K | -78.28% |
| 2014 | 8.22K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 24.09 | -64.90% |
US
|
|
| - | - |
SE
|
|
| 23.60 | -65.61% |
US
|
|
| 25.48 | -62.88% |
US
|
|
| 26.01 | -62.10% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.