JIO Financial Services Ltd
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, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and ins… Read more
Market Cap & Net Worth: JIO Financial Services Ltd (JIOFIN)
JIO Financial Services Ltd (NSE:JIOFIN) has a market capitalization of $17.19 Billion (₹1.49 Trillion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #1812 globally and #33 in its home market, demonstrating a -2.09% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying JIO Financial Services Ltd's stock price ₹234.35 by its total outstanding shares 6353141623 (6.35 Billion).
JIO Financial Services Ltd Market Cap History: 2023 to 2026
JIO Financial Services Ltd's market capitalization history from 2023 to 2026. Data shows change from $17.09 Billion to $17.19 Billion (-2.32% CAGR).
Index Memberships
JIO Financial Services Ltd is a constituent of 4 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY SERV SECTOR
CNXSERVICE
|
$384.41 Billion | 2.33% | #14 of 30 |
|
NIFTY 100
NIFTY100
|
$802.80 Billion | 1.11% | #29 of 100 |
|
NIFTY 200
NIFTY200
|
$1.08 Trillion | 0.83% | #30 of 200 |
|
NIFTY 500
NIFTY500
|
$1.33 Trillion | 0.67% | #30 of 500 |
Weight: JIO Financial Services Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
JIO Financial Services Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how JIO Financial Services Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.22x
JIO Financial Services Ltd's market cap is 1.22 times its annual revenue
2.90x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
1.34x
JIO Financial Services Ltd's market cap is 1.34 times its annual earnings
4.90x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $17.09 Billion | $211.90 Million | $312.50 Million | 80.65x | 54.68x |
| 2024 | $21.91 Billion | $17.98 Billion | $16.05 Billion | 1.22x | 1.37x |
| 2025 | $21.64 Billion | $17.67 Billion | $16.13 Billion | 1.22x | 1.34x |
Competitor Companies of JIOFIN by Market Capitalization
Companies near JIO Financial Services Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to JIO Financial Services Ltd by market ranking:
- BlackRock Inc (NYSE:BLK): Ranked #136 globally with a market cap of $135.78 Billion USD.
- INVESTOR B (FRIA) O.N. (F:IVSD): Ranked #247 globally with a market cap of $82.23 Billion USD ( €80.11 Billion EUR).
- Blackstone Group Inc (NYSE:BX): Ranked #256 globally with a market cap of $79.65 Billion USD.
- Brookfield Corp (NYSE:BN): Ranked #278 globally with a market cap of $75.33 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #136 | BlackRock Inc | NYSE:BLK | $135.78 Billion | $943.26 |
| #247 | INVESTOR B (FRIA) O.N. | F:IVSD | $82.23 Billion | €32.80 |
| #256 | Blackstone Group Inc | NYSE:BX | $79.65 Billion | $107.12 |
| #278 | Brookfield Corp | NYSE:BN | $75.33 Billion | $39.14 |
JIO Financial Services Ltd Historical Marketcap From 2023 to 2026
Between 2023 and today, JIO Financial Services Ltd's market cap moved from $17.09 Billion to $ 17.19 Billion, with a yearly change of -2.32%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹17.19 Billion | -20.55% |
| 2025 | ₹21.64 Billion | -1.26% |
| 2024 | ₹21.91 Billion | +28.22% |
| 2023 | ₹17.09 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of JIO Financial Services Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $17.19 Billion USD |
| MoneyControl | $17.19 Billion USD |
| MarketWatch | $17.19 Billion USD |
| marketcap.company | $17.19 Billion USD |
| Reuters | $17.19 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.