JM Financial (NSE:JMFINANCIL) ROE % Adjusted to Book Value: 6.09% (As of Mar. 2026)

JM Financial NSE:JMFINANCIL -0.76% 72 ROE % Adjusted to Book Value is 6.09% as of Mar. 2026. GuruFocus rates NSE:JMFINANCIL with a GF Score™ of 72/100 and a GF Value™ of ₹140.64 (Fairly Valued). The stock has 1 warning sign investors should review.

JM Financial's ROE % for the quarter that ended in Mar. 2026 was 6.21%. JM Financial's PB Ratio for the quarter that ended in Mar. 2026 was 1.02. JM Financial's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 6.09%.

JM Financial ROE % Adjusted to Book Value Related Terms

JM Financial ROE % Adjusted to Book Value Historical Data

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The historical data trend for JM Financial's ROE % Adjusted to Book Value 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.

JM Financial ROE % Adjusted to Book Value Chart

JM Financial Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROE % Adjusted to Book Value

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12.54

10.79

5.87

9.60

11.56

JM Financial Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															9.17	0.00	7.09	0.00	6.09

NSE:JMFINANCIL vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, JM Financial's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

JM Financial ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JM Financial's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where JM Financial's ROE % Adjusted to Book Value falls into.

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72GF Score

JM Financial Ltd NSE:JMFINANCIL

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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JM Financial ROE % Adjusted to Book Value Calculation

JM Financial's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	11.79%	/	1.02
	=	11.56%

JM Financial's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	6.21%	/	1.02
	=	6.09%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 6.09% mean?

JM Financial (NSE:JMFINANCIL) has a ROE % Adjusted to Book Value of 6.09% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on JM Financial and its competitors.

Is JM Financial's ROE % Adjusted to Book Value too high?

JM Financial's current ROE % Adjusted to Book Value is 6.09%. Overall, JM Financial has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does JM Financial's ROE % Adjusted to Book Value compare to MS and GS?

JM Financial's ROE % Adjusted to Book Value of 6.09% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a Capital Markets company?

A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on JM Financial and its competitors. JM Financial's current ROE % Adjusted to Book Value is 6.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is JM Financial stock overvalued right now?

Based on GuruFocus' analysis, JM Financial (NSE:JMFINANCIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹140.64, compared to a current price of ₹131.15 — trading 6.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 6.09%. JM Financial's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For JM Financial (NSE:JMFINANCIL), the current ROE % Adjusted to Book Value is 6.09% as of Mar. 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 JM Financial (NSE:JMFINANCIL) Overvalued in 2026?

Based on GuruFocus' analysis, JM Financial stock appears to be undervalued. The current stock price of ₹131.15 is trading 6.7% below its estimated GF Value™ of ₹140.64. GuruFocus considers JM Financial to be Fairly Valued.

Key valuation signals for NSE:JMFINANCIL:

ROE % Adjusted to Book Value: 6.09%
GF Value™: ₹140.64 vs. price of ₹131.15 (6.7% below fair value)
GF Score™: 72/100 with 1 warning sign

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

JM Financial Business Description

Industry Financial Services Capital Markets

Comparable Companies BOM:540750 BOM:542773 BOM:531358 BOM:539199 BOM:533676 BOM:540725 BOM:511551 BOM:532285 BOM:533306 BOM:540776 MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 SHSE:601211 IBKR

Other Exchanges 523405:India

Address Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025

Website https://www.jmfl.com

JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals, and retail investors. Its operating segment includes Investment Banking; Asset Management, Wealth Management and Securities Business (Platform AWS); Mortgage Lending; Alternative & Distressed Credit; and Others. The Investment Banking segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. This segment also includes institutional equities business and research, private wealth management, PMS, private equity funds, fixed income, syndication, and finance.

72GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹131.15

Price

₹140.64

GF Value

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