Jio Platforms vs Paytm: share price, P/E, ROE and financials compared
Jio Platforms
One 97 Communications
Jio Platforms and Paytm at a glance
Jio Platforms is the larger by market cap, at ₹13.0L Cr against ₹1.1L Cr for Paytm (11.3 times as large). On valuation, Jio Platforms has the lower P/E (40.8× against 136.1×) and the lower price-to-book (3.57× against 6.94×). On returns and margins, Jio Platforms has the higher ROCE (8.9% against 3.7%), the higher ROE (9.4% against 5.3%) and the higher operating margin (32.8% against 8.0%). Paytm carries less debt for its equity, with a debt-to-equity of 0.02× against 0.48×.
Key metrics, side by side
| Metric | Jio PlatformsJPL | PaytmPAYTM |
|---|---|---|
| Price (₹) | 1,406.40 | 1,794.40 |
| Market cap (₹ Cr) | 12,95,158 | 1,14,873 |
| P/E | 40.8× (the lower figure, shaded) | 136.1× |
| P/B | 3.57× (the lower figure, shaded) | 6.94× |
| Dividend yield, trailing | 0.00% | 0.00% |
| ROE | 9.4% (the higher figure, shaded) | 5.3% |
| ROCE | 8.9% (the higher figure, shaded) | 3.7% |
| Operating margin (OPM) | 32.8% (the higher figure, shaded) | 8.0% |
| Net margin (NPM) | 20.4% (the higher figure, shaded) | 8.9% |
| Sales CAGR 3Y | – | +1.2% |
| Profit CAGR 3Y | – | – |
| Debt to equity | 0.48× | 0.02× (the lower figure, shaded) |
| Interest cover | 5.7× | 33.3× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | – | 855 |
| 1Y return | −0.8% | +40.5% (the higher figure, shaded) |
| Promoter holding | 64.48% | 0.00% |
Jio Platforms vs Paytm: common questions
Which is bigger, Jio Platforms or Paytm?
By market cap, Jio Platforms is bigger at ₹13.0L Cr, against ₹1.1L Cr for Paytm (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Jio Platforms or Paytm?
Jio Platforms trades at a P/E of 40.8× and Paytm at 136.1×. Jio Platforms 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 Platforms or Paytm?
Jio Platforms reports a return on equity of 9.4% and Paytm 5.3%. Jio Platforms has the higher ROE. ROE is net profit as a share of shareholders’ equity.