JIO FINANCIAL SERVICES
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The Current P/S Ratio of JIO FINANCIAL SERVICES is 5,421.59.
Share Price | ₹355.3 | May 08,2024 |
Market Cap | ₹225,701.0 Cr | |
Sales | ₹41.6 Cr | Mar2023 - Consolidated Results |
Price/Sales | 5,421.59x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of JIO FINANCIAL SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
JIO FINANCIAL SERVICES | 41.6 | 5,421.59 | 225,701.0 |
BAJAJ FINANCE LTD | 54,963.4 | 7.67 | 421,592.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,648.7 | 56.46 | 93,090.3 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 19,139.6 | 5.55 | 106,232.0 |
SHRIRAM FINANCE LTD | 36,376.1 | 2.53 | 92,074.9 |
SBI CARDS AND PAYMENT SERVICES LTD | 16,968.7 | 3.99 | 67,652.1 |
MUTHOOT FINANCE LTD | 14,172.7 | 4.69 | 66,524.2 |
ADITYA BIRLA CAPITAL LTD | 31,590.5 | 1.79 | 56,682.8 |
SUNDARAM FINANCE LTD | 6,594.9 | 7.60 | 50,106.2 |
L&T FINANCE HOLDINGS LTD | 13,642.9 | 2.95 | 40,260.7 |
POONAWALLA FINCORP LTD | 3,109.7 | 11.67 | 36,277.6 |
Finance - NBFC Industry Benchmark (Top 10) PS Analysis vs JIO FINANCIAL SERVICES 's P/S Ratio
Top 10 Industry Peers | PS 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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