Metrics to compare | JIOF | Peers Peers - average of corresponding metrics from companies closely matching JIOF: AUBANK, IREDA, PAYTM, BAJFINANCE, PNBHOUSING | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipJIOFPeersSector |
|---|---|---|---|---|
P/E Ratio | 73.8x | 26.9x | 9.7x | |
PEG Ratio | 2.32 | 1.39 | 0.03 | |
Price/Book | 1.1x | 3.2x | 1.0x | |
Price / LTM Sales | 40.6x | 7.4x | 3.0x | |
Upside (Analyst Target) | 29.0% | 13.7% | 14.9% | |
Fair Value Upside | Unlock | 0.5% | 3.2% | Unlock |
Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, fixed deposits, digital insurance, financial tracking, management tools, digital banking, UPI bill payments, and insurance advisory; and asset and wealth management, and broking services, as well as supply chain and vendor financing and enterprise leasing solutions for devices and cars to corporates, gold, and leasing solutions to individuals and businesses. It also provides insurance broking services, such as car, bike, health, and life insurances. In addition, it offers, wallet, toll processing on national highways, cash management services, and payment solutions such as, AePS, direct benefit transfer; debit cards; payment systems, including aadhaar enabled payment, personalised investment advice, and tax planning and filing. Further, it provides home loan; loan against property, mutual funds, and shares; solar financing; and corporate and supply chain finance. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.