Jio Financial vs ICICIAMC: share price, P/E, ROE and financials compared
Jio Financial Services
ICICI Prudential Asset Management Company
Jio Financial and ICICIAMC at a glance
Jio Financial and ICICIAMC are both listed in Financial Services. Jio Financial is the larger by market cap, at ₹1.6L Cr against ₹1.5L Cr for ICICIAMC. On valuation, Jio Financial has the lower price-to-book (1.19× against 27.16×), while ICICIAMC has the lower P/E (41.1× against 87.9×). On returns and margins, ICICIAMC has the higher ROCE (98.3% against 1.7%) and the higher ROE (76.2% against 1.3%). Over three years, Jio Financial has faster 3-year sales growth (+431.5% against +28.9% a year) and faster 3-year profit growth (+268.2% against +29.6% a year).
Key metrics, side by side
| Metric | Jio FinancialJIOFIN | ICICIAMCICICIAMC |
|---|---|---|
| Price (₹) | 231.20 | 2,935.80 |
| Market cap (₹ Cr) | 1,58,445 | 1,45,104 |
| P/E | 87.9× | 41.1× (the lower figure, shaded) |
| P/B | 1.19× (the lower figure, shaded) | 27.16× |
| Dividend yield, trailing | 0.26% | 1.95% (the higher figure, shaded) |
| ROE | 1.3% | 76.2% (the higher figure, shaded) |
| ROCE | 1.7% | 98.3% (the higher figure, shaded) |
| Operating margin (OPM) | 75.8% | 74.1% |
| Net margin (NPM) | 42.8% | 54.7% (the higher figure, shaded) |
| Sales CAGR 3Y | +431.5% (the higher figure, shaded) | +28.9% |
| Profit CAGR 3Y | +268.2% (the higher figure, shaded) | +29.6% |
| Debt to equity | 0.32× | – |
| Interest cover | 3.6× | 249.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,712 | 3,534 |
| 1Y return | −23.9% | +15.2% (the higher figure, shaded) |
| Promoter holding | – | – |
Jio Financial vs ICICIAMC: common questions
Which is bigger, Jio Financial or ICICIAMC?
By market cap, Jio Financial is bigger at ₹1.6L Cr, against ₹1.5L Cr for ICICIAMC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,712 Cr for Jio Financial and ₹3,534 Cr for ICICIAMC.
Which has a lower P/E ratio, Jio Financial or ICICIAMC?
Jio Financial trades at a P/E of 87.9× and ICICIAMC at 41.1×. ICICIAMC has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Jio Financial or ICICIAMC?
Jio Financial reports a return on equity of 1.3% and ICICIAMC 76.2%. ICICIAMC has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Jio Financial or ICICIAMC?
Over the last three years: Sales grew +431.5% a year at Jio Financial and +28.9% at ICICIAMC, so Jio Financial grew sales faster; profit grew +268.2% a year at Jio Financial and +29.6% at ICICIAMC, so Jio Financial grew profit faster. Past growth doesn’t predict future growth.