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JPMorgan Mid Cap Investment Trust (LSE:JMF) Book Value per Share : £10.30 (As of Jun. 2023)


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What is JPMorgan Mid Cap Investment Trust Book Value per Share?

JPMorgan Mid Cap Investment Trust's book value per share for the quarter that ended in Jun. 2023 was £10.30.

During the past 12 months, JPMorgan Mid Cap Investment Trust's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JPMorgan Mid Cap Investment Trust was 27.80% per year. The lowest was -18.00% per year. And the median was 8.20% per year.

JPMorgan Mid Cap Investment Trust's current price is £9.12. Its book value per share for the quarter that ended in Jun. 2023 was £10.30. Hence, today's PB Ratio of JPMorgan Mid Cap Investment Trust is 0.89.

During the past 13 years, the highest P/B Ratio of JPMorgan Mid Cap Investment Trust was 1.50. The lowest was 0.60. And the median was 0.94.


JPMorgan Mid Cap Investment Trust Book Value per Share Historical Data

The historical data trend for JPMorgan Mid Cap Investment Trust's Book Value per Share 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 Mid Cap Investment Trust Book Value per Share Chart

JPMorgan Mid Cap Investment Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.00 10.01 14.51 9.89 10.30

JPMorgan Mid Cap Investment Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Book Value per Share Get a 7-Day Free Trial 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 14.51 15.08 9.89 9.94 10.30

Competitive Comparison of JPMorgan Mid Cap Investment Trust's Book Value per Share

For the Asset Management subindustry, JPMorgan Mid Cap Investment Trust's PB Ratio, along with its competitors' market caps and PB Ratio 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 Mid Cap Investment Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Mid Cap Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Mid Cap Investment Trust's PB Ratio falls into.



JPMorgan Mid Cap Investment Trust Book Value per Share Calculation

JPMorgan Mid Cap Investment Trust's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(221.97-0.00)/21.56
=10.30

JPMorgan Mid Cap Investment Trust's Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(221.97-0.00)/21.56
=10.30

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


JPMorgan Mid Cap Investment Trust  (LSE:JMF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


JPMorgan Mid Cap Investment Trust Book Value per Share Related Terms

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JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

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