Models
JIO FIN SERVICES LTDJIOFINFinance
₹-44per share · Base Model Note
Revenue growth, the horizon and scenarios are yours to change. Every other input is part of the Trader plan; saving, sharing a saved link and the live-formula workbook are part of the Institutional plan.
Scenario
Value per share, your model₹(44)implied P/B (0.22)× on FY26 book
Against CMP ₹229.90−119.1%close of 2026-09-10
Cost of equity16.63%risk-free + beta × equity risk premium
Book equity, FY26₹203per share · excess returns add ₹(247)
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Excess-return schedule · ₹ crore · book equity earns your ROE; value is book plus the returns above the cost of equity
| ₹ crore | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 1,33,854 | 1,35,133 | 1,36,423 | 1,37,726 | 1,39,042 |
| Net income at 1.2% ROE | 1,606 | 1,622 | 1,637 | 1,653 | 1,669 |
| Cost of equity charge at 16.63% | (22,260) | (22,472) | (22,687) | (22,904) | (23,122) |
| Excess return | (20,653) | (20,851) | (21,050) | (21,251) | (21,454) |
| Present value | (19,124) | (16,554) | (14,329) | (12,404) | (10,737) |
| Closing book equity | 1,35,133 | 1,36,423 | 1,37,726 | 1,39,042 | 1,40,370 |
| Book equity today | 1,33,854 |
| PV of 5 years of excess return | (73,148) |
| PV of the terminal excess return, 5% flat | (89,759) |
| add non-operating investments | 0 |
| Equity value | (29,052) |
| ÷ 660.31 crore shares | ₹(44) |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹223₹322
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 1.2% | — | 16.63% | 5% | ₹(44) | (119.1)% |
A scenario is a full set of inputs under a name. Keep Base as the filed history carried forward; add Bull and Bear by saving the current inputs under those names and moving the two or three assumptions you actually hold a view on. The distribution above draws each driver between the lowest and highest value across your scenarios, so three scenarios give it a real range; with one scenario it falls back to fixed bands.