Jio Financial Services Ltd is a non-deposit taking non-banking financial company based in India. With its comprehensive solutions, infrastructure, and digital reach, Jio Financial Services aims to provide accessibility and convenience to people from all segments of society. In this article, we will delve into the fundamentals of Jio Financial Services, its market cap, stock price, and FAQs, providing a comprehensive overview of the company.
Fundamentals:
- Market Cap: As of 19th Jan ’24, the market capitalization of Jio Financial Services stands at ₹1,56,481 Crores.
- Return on Equity (ROE): Jio Financial Services currently has a ROE of 0.00%.
- P/E Ratio (TTM): The price-to-earnings ratio for Jio Financial Services is 4926.00, indicating a high valuation compared to its earnings.
- EPS (TTM): The earnings per share for Jio Financial Services is ₹0.05.
- P/B Ratio: The price-to-book ratio for Jio Financial Services is 1.37.
- Dividend Yield: Jio Financial Services does not currently offer any dividend yield.
- Industry P/E: The industry P/E ratio for Jio Financial Services is 18.94, providing a benchmark for comparison.
- Book Value: The book value per share for Jio Financial Services is ₹179.62.
- Debt to Equity: Jio Financial Services has a debt to equity ratio of 0.00.
- Face Value: The face value of each share of Jio Financial Services is ₹10.
About Jio Financial Services:
Jio Financial Services Ltd, established in 1999, is a non-deposit taking non-banking financial company in India. The company aims to provide comprehensive financial solutions through its infrastructure and digital reach, catering to individuals from all segments of society.
FAQs:
To buy Jio Financial Services shares, you can create a demat account on the Groww platform and complete the online KYC verification process.
The share price of Jio Financial Services is volatile and changes throughout the day based on different factors. As of 19th Jan ’24, the share price is ₹0.00.
What is the Market Cap of Jio Financial Services?
As of 19th Jan ’24, the market capitalization of Jio Financial Services is ₹1,56,481 Crores.
What is the NSE Symbol for Jio Financial Services?
The NSE symbol for Jio Financial Services is JIOFIN.
What are the Services Offered by Jio Financial Services?
Jio Financial Services provides comprehensive financial solutions, leveraging its infrastructure and digital reach to offer accessible and convenient services to individuals from all segments of society.
Conclusion:
Jio Financial Services is a non-deposit taking non-banking financial company in India, catering to individuals from all segments of society. With its comprehensive solutions and digital reach, the company aims to provide accessible and convenient financial services. Understanding the fundamentals, market cap, and stock price of Jio Financial Services can provide valuable insights for potential investors.