Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). JPMorgan Chase's share price for the quarter that ended in Dec. 2023 was $170.1. JPMorgan Chase's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,877 Mil. Therefore, JPMorgan Chase's market cap for the quarter that ended in Dec. 2023 was $489,320 Mil.
JPMorgan Chase's quarterly market cap
declined
from Jun. 2023 ($422,662 Mil) to Sep. 2023 ($419,254 Mil) but then
increased
from Sep. 2023 ($419,254 Mil) to Dec. 2023 ($489,320 Mil).
JPMorgan Chase's annual market cap
declined
from Dec. 2021 ($466,206 Mil) to Dec. 2022 ($393,484 Mil) but then
increased
from Dec. 2022 ($393,484 Mil) to Dec. 2023 ($489,320 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. JPMorgan Chase's Enterprise Value for Today is $657,624 Mil.
JPMorgan Chase Market Cap Historical Data
The historical data trend for JPMorgan Chase's Market Cap 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.
Competitive Comparison of JPMorgan Chase's Market Cap
For the Banks - Diversified subindustry, JPMorgan Chase's Market Cap, along with its competitors' market caps and Market Cap 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.
JPMorgan Chase's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, JPMorgan Chase's Market Cap distribution charts can be found below:
* The bar in red indicates where JPMorgan Chase's Market Cap falls into.
JPMorgan Chase Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
JPMorgan Chase's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
JPMorgan Chase (NYSE:JPM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
JPMorgan Chase Market Cap Related Terms
Thank you for viewing the detailed overview of JPMorgan Chase's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
JPMorgan Chase (JPMorgan Chase) Business Description
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
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