Jio Platforms vs Pine Labs: share price, P/E, ROE and financials compared
Jio Platforms
Pine Labs
Jio Platforms and Pine Labs at a glance
Jio Platforms is the larger by market cap, at ₹13.0L Cr against ₹18,759 Cr for Pine Labs (69.0 times as large). On valuation, Jio Platforms has the lower P/E (40.8× against 116.9×), while Pine Labs has the lower price-to-book (3.15× against 3.57×). On returns and margins, Jio Platforms has the higher ROCE (8.9% against 3.5%), the higher ROE (9.4% against 3.3%) and the higher operating margin (32.8% against 17.1%). Pine Labs carries less debt for its equity, with a debt-to-equity of 0.06× against 0.48×.
Key metrics, side by side
| Metric | Jio PlatformsJPL | Pine LabsPINELABS |
|---|---|---|
| Price (₹) | 1,406.40 | 162.45 |
| Market cap (₹ Cr) | 12,95,158 | 18,759 |
| P/E | 40.8× (the lower figure, shaded) | 116.9× |
| P/B | 3.57× | 3.15× (the lower figure, shaded) |
| Dividend yield, trailing | 0.00% | 0.00% |
| ROE | 9.4% (the higher figure, shaded) | 3.3% |
| ROCE | 8.9% (the higher figure, shaded) | 3.5% |
| Operating margin (OPM) | 32.8% (the higher figure, shaded) | 17.1% |
| Net margin (NPM) | 20.4% (the higher figure, shaded) | 5.4% |
| Sales CAGR 3Y | – | +21.0% |
| Profit CAGR 3Y | – | – |
| Debt to equity | 0.48× | 0.06× (the lower figure, shaded) |
| Interest cover | 5.7× (the higher figure, shaded) | 2.7× |
| Net profit TTM (₹ Cr) | – | 160 |
| 1Y return | 0.0% (the higher figure, shaded) | −35.6% |
| Promoter holding | 64.48% | 0.00% |
Jio Platforms vs Pine Labs: common questions
Which is bigger, Jio Platforms or Pine Labs?
By market cap, Jio Platforms is bigger at ₹13.0L Cr, against ₹18,759 Cr for Pine Labs (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Jio Platforms or Pine Labs?
Jio Platforms trades at a P/E of 40.8× and Pine Labs at 116.9×. 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 Pine Labs?
Jio Platforms reports a return on equity of 9.4% and Pine Labs 3.3%. Jio Platforms has the higher ROE. ROE is net profit as a share of shareholders’ equity.