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JIO FINANCIAL SERVICES
PS (Price/Sales) Ratio

The Current P/S Ratio of JIO FINANCIAL SERVICES is 5,421.59.

Share Price ₹355.3May 08,2024
Market Cap ₹225,701.0 Cr
Sales₹41.6 CrMar2023 - Consolidated Results
Price/Sales5,421.59xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JIO FINANCIAL SERVICES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of JIO FINANCIAL SERVICES is calculated as :

Current Market Cap [ ₹225,701.0 Cr] as on May 08,2024

(/) Sales [ ₹41.6 Cr] based on Mar2023 - Consolidated Results

(=) P/S Ratio [ 5,421.59x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for JIO FINANCIAL SERVICES , the investors are currently willing to pay '5,421.59 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of JIO FINANCIAL SERVICES !

The chart below summarizes the trend in P/S Ratio of JIO FINANCIAL SERVICES over the last five years.

Historical PS (Price/Sales) ratio chart of JIO FINANCIAL SERVICES


PS Ratio Performance Analysis for JIO FINANCIAL SERVICES

- JIO FINANCIAL SERVICES 's latest p/e ratio is 5,421.59x.

- JIO FINANCIAL SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2011 averaged 0.00x.

- JIO FINANCIAL SERVICES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JIO FINANCIAL SERVICES 's p/e ratio peaked in Mar2023 at 0x.

- JIO FINANCIAL SERVICES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does JIO FINANCIAL SERVICES 's P/S Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JIO FINANCIAL SERVICES 41.65,421.59225,701.0
BAJAJ FINANCE LTD54,963.47.67421,592.0
BAJAJ HOLDINGS & INVESTMENT LTD1,648.756.4693,090.3
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD19,139.65.55106,232.0
SHRIRAM FINANCE LTD36,376.12.5392,074.9
SBI CARDS AND PAYMENT SERVICES LTD16,968.73.9967,652.1
MUTHOOT FINANCE LTD14,172.74.6966,524.2
ADITYA BIRLA CAPITAL LTD31,590.51.7956,682.8
SUNDARAM FINANCE LTD6,594.97.6050,106.2
L&T FINANCE HOLDINGS LTD13,642.92.9540,260.7
POONAWALLA FINCORP LTD3,109.711.6736,277.6

Finance - NBFC Industry Benchmark (Top 10) PS Analysis vs JIO FINANCIAL SERVICES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.79x
Max industry PS 5,421.59x
Median industry PS 5.55x
Average industry PS 502.41x



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