GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JPMorgan Chase & Co (NYSE:JPM) » Definitions » Price-to-Tangible-Book

JPMorgan Chase (JPMorgan Chase) Price-to-Tangible-Book

: 2.26 (As of Today)
View and export this data going back to 1969. Start your Free Trial

As of today (2024-04-19), JPMorgan Chase's share price is $185.80. JPMorgan Chase's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $82.07. Hence, JPMorgan Chase's Price to Tangible Book Ratio of today is 2.26.

The historical rank and industry rank for JPMorgan Chase's Price-to-Tangible-Book or its related term are showing as below:

JPM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.45   Med: 1.96   Max: 2.38
Current: 2.2

During the past 13 years, JPMorgan Chase's highest Price to Tangible Book Ratio was 2.38. The lowest was 1.45. And the median was 1.96.

JPM's Price-to-Tangible-Book is ranked worse than
90.85% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs JPM: 2.20

A closely related ratio is called PB Ratio. As of today, JPMorgan Chase's share price is $185.80. JPMorgan Chase's Book Value per Sharefor the quarter that ended in Dec. 2023 was $104.45. Hence, JPMorgan Chase's P/B Ratio of today is 1.78.


JPMorgan Chase Price-to-Tangible-Book Historical Data

The historical data trend for JPMorgan Chase's Price-to-Tangible-Book 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.

* Premium members only.

JPMorgan Chase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.38 1.98 2.30 1.93 2.07

JPMorgan Chase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.78 1.91 1.86 2.07 2.37

Competitive Comparison

For the Banks - Diversified subindustry, JPMorgan Chase's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, JPMorgan Chase's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's Price-to-Tangible-Book falls into.



JPMorgan Chase Price-to-Tangible-Book Calculation

JPMorgan Chase's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=185.80/82.072
=2.26

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


JPMorgan Chase Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of JPMorgan Chase's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan Chase (JPMorgan Chase) Business Description

Address
383 Madison Avenue, New York, NY, USA, 10179
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.
Executives
Mary E. Erdoes officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Jennifer Piepszak officer: Chief Financial Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Peter Scher officer: Executive Vice President JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Ashley Bacon officer: Chief Risk Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Douglas B Petno officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Marianne Lake officer: Chief Financial Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Stacey Friedman officer: General Counsel JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Lori A Beer officer: Chief Information Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Daniel E Pinto officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alicia S Boler-davis director 300 RENAISSANCE CENTER, M/C: 482-C23-D24, DETROIT MI 48265-3000
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Robin Leopold officer: Head of Human Resources JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alex Gorsky director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Jeremy Barnum officer: Chief Financial Officer 383 MADISON AVENUE, NEW YORK NY 10179-0001
Elena A Korablina officer: Corporate Controller 383 MADISON AVENUE, NEW YORK NY 10179-0001