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Jio Financial Services (BOM:543940) Price-to-Tangible-Book : (As of May. 11, 2024)


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What is Jio Financial Services Price-to-Tangible-Book?

As of today (2024-05-11), Jio Financial Services's share price is ₹348.00. Jio Financial Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Jio Financial Services's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Jio Financial Services's Price-to-Tangible-Book or its related term are showing as below:

BOM:543940' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27   Med: 1.27   Max: 2.07
Current: 1.91

During the past 9 years, Jio Financial Services's highest Price to Tangible Book Ratio was 2.07. The lowest was 1.27. And the median was 1.27.

BOM:543940's Price-to-Tangible-Book is ranked worse than
84.82% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs BOM:543940: 1.91

A closely related ratio is called PB Ratio. As of today, Jio Financial Services's share price is ₹348.00. Jio Financial Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Jio Financial Services's P/B Ratio of today is .


Jio Financial Services Price-to-Tangible-Book Historical Data

The historical data trend for Jio Financial Services's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jio Financial Services Price-to-Tangible-Book Chart

Jio Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - - -

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only - - - 1.27 -

Competitive Comparison of Jio Financial Services's Price-to-Tangible-Book

For the Asset Management subindustry, Jio Financial Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jio Financial Services's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jio Financial Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jio Financial Services's Price-to-Tangible-Book falls into.



Jio Financial Services Price-to-Tangible-Book Calculation

Jio Financial Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=348.00/0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Jio Financial Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Jio Financial Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Jio Financial Services (BOM:543940) Business Description

Traded in Other Exchanges
Address
222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021
Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

Jio Financial Services (BOM:543940) Headlines

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