Jio Financial Services (NSE:JIOFIN) EV-to-EBITDA: 46.82 (As of Aug. 21, 2026) — 51% Below Median

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NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
79 GF Score
Price ₹244.60
GF Value ₹967.54
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jio Financial Services EV-to-EBITDA?

Jio Financial Services NSE:JIOFIN +0.60% 79 EV-to-EBITDA is 46.82 as of Aug. 21, 2026, which is 51% below its 10-year median of 96.25. GuruFocus rates NSE:JIOFIN with a GF Score™ of 79/100 and a GF Value™ of ₹967.54 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 512 Asset Management companies, Jio Financial Services ranks worse than 90.43% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Jio Financial Services's enterprise value is ₹1,666,850 Mil. Jio Financial Services's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹35,598 Mil. Therefore, Jio Financial Services's EV-to-EBITDA for today is 46.82.

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

NSE:JIOFIN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 43.11   Med: 96.25   Max: 363.34
Current: 46.82

During the past 12 years, the highest EV-to-EBITDA of Jio Financial Services was 363.34. The lowest was 43.11. And the median was 96.25.

NSE:JIOFIN's EV-to-EBITDA is ranked worse than
90.43% of 512 companies
in the Asset Management industry
Industry Median: 8.575 vs NSE:JIOFIN: 46.82

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-21), Jio Financial Services's stock price is ₹244.60. Jio Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3.220. Therefore, Jio Financial Services's PE Ratio (TTM) for today is 75.96.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Jio Financial Services  (NSE:JIOFIN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Jio Financial Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=244.60/3.220
=75.96

Jio Financial Services's share price for today is ₹244.60.
Jio Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3.220.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Jio Financial Services EV-to-EBITDA Related Terms


Jio Financial Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jio Financial Services's EV-to-EBITDA 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.

Jio Financial Services EV-to-EBITDA Chart

Jio Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 104.78 69.13 54.85

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.11 87.39 76.46 54.85 43.87

NSE:JIOFIN vs BLK, BX, KKR: EV-to-EBITDA Comparison

For the Asset Management subindustry, Jio Financial Services's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Asset Management Industry

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

* The bar in red indicates where Jio Financial Services's EV-to-EBITDA falls into.


NSE:JIOFIN
79GF Score
Jio Financial Services Ltd NSE:JIOFIN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jio Financial Services EV-to-EBITDA Calculation

Jio Financial Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1666849.541/35597.5
=46.82

Jio Financial Services's current Enterprise Value is ₹1,666,850 Mil.
Jio Financial Services's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹35,598 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 46.82 mean?
Jio Financial Services (NSE:JIOFIN) has a EV-to-EBITDA of 46.82 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Jio Financial Services. This is 51% below median its historical median of 96.25. Over the past decade, Jio Financial Services' EV-to-EBITDA has ranged from 43.11 to 363.34. According to the industry distribution chart, Jio Financial Services ranks #463 out of 512 companies in the Asset Management industry, placing it in the top 90.4%.
Is Jio Financial Services' EV-to-EBITDA too high?
Jio Financial Services' current EV-to-EBITDA of 46.82 is 51% below median its 10-year median of 96.25. Over the past 10 years, this metric has ranged from a low of 43.11 to a high of 363.34. The Asset Management industry median EV-to-EBITDA is 8.58. Jio Financial Services' value of 46.82 is 446% above this industry median. Based on the distribution chart, Jio Financial Services ranks #463 out of 512 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Jio Financial Services has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #463 out of 512 companies for EV-to-EBITDA. This places Jio Financial Services in the lower half of its industry. The industry median EV-to-EBITDA is 8.58. Jio Financial Services' value of 46.82 is 446% above this benchmark. Historically, Jio Financial Services' own EV-to-EBITDA has ranged from 43.11 to 363.34 over the past decade. While the company's 10-year median is 96.25 vs. the industry median of 8.58, Jio Financial Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.58, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jio Financial Services's current EV-to-EBITDA of 46.82 is 446% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Jio Financial Services. For the Asset Management industry, the median EV-to-EBITDA is 8.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current EV-to-EBITDA is 46.82, which is 51% below median its own 10-year median of 96.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹967.54, compared to a current price of ₹244.60 — trading 74.7% below its estimated fair value. The current EV-to-EBITDA is 46.82, which is 51% below median its 10-year median of 96.25 and 446% above the Asset Management industry median of 8.58. Jio Financial Services' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current EV-to-EBITDA is 46.82 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued. The current stock price of ₹244.60 is trading 74.7% below its estimated GF Value™ of ₹967.54. GuruFocus considers Jio Financial Services to be Significantly Undervalued.

Key valuation signals for NSE:JIOFIN:

  • EV-to-EBITDA: 46.82 (51% below median its 10-year median of 96.25)
  • GF Value™: ₹967.54 vs. price of ₹244.60 (74.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 446% above the Asset Management median (#463 of 512)

No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jio Financial Services Business Description

Other Exchanges 543940:India
Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
79GF Score

Get the complete analysis for NSE:JIOFIN

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹244.60
Price
₹967.54
GF Value