JPMorgan Asia Growth &ome (CHIX:JAGIL) Cyclically Adjusted PB Ratio: 0.90 (As of Aug. 06, 2026) — 23% Below Median

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CHIX:JAGIL JPMorgan Asia Growth & Income PLC CHIX:JAGIL
43 GF Score
Price £3.71
GF Value £10.22
! 1 Warning Sign
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What is JPMorgan Asia Growth &ome Cyclically Adjusted PB Ratio?

JPMorgan Asia Growth &ome CHIX:JAGIL 43 Cyclically Adjusted PB Ratio is 0.90 as of Aug. 06, 2026, which is 23% below its 10-year median of 1.17. GuruFocus rates CHIX:JAGIL with a GF Score™ of 43/100 and a GF Value™ of £10.22. The stock has 1 warning sign investors should review. Among 1,000 Asset Management companies, JPMorgan Asia Growth &ome ranks worse than 69.1% on this metric.

As of today (2026-08-06), JPMorgan Asia Growth &ome's current share price is £3.71. JPMorgan Asia Growth &ome's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was £4.10. JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio for today is 0.90.

The historical rank and industry rank for JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:JAGIl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.17   Max: 1.69
Current: 1.17

During the past 13 years, JPMorgan Asia Growth &ome's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.75. And the median was 1.17.

CHIX:JAGIl's Cyclically Adjusted PB Ratio is ranked worse than
69.1% of 1000 companies
in the Asset Management industry
Industry Median: 0.84 vs CHIX:JAGIl: 1.17

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

JPMorgan Asia Growth &ome's adjusted book value per share data of for the fiscal year that ended in Sep25 was £4.760. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is £4.10 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Asia Growth &ome  (CHIX:JAGIl) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


JPMorgan Asia Growth &ome Cyclically Adjusted PB Ratio Related Terms


JPMorgan Asia Growth &ome Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio 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.

JPMorgan Asia Growth &ome Cyclically Adjusted PB Ratio Chart

JPMorgan Asia Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.85 0.81 0.83 0.91

JPMorgan Asia Growth &ome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted PB Ratio 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 0.00 0.83 0.00 0.91 0.00

CHIX:JAGIL vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Asia Growth &ome Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio falls into.


CHIX:JAGIL
43GF Score
JPMorgan Asia Growth & Income PLC CHIX:JAGIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Asia Growth &ome Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.71/4.10
=0.90

* 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 Asia Growth &ome's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, JPMorgan Asia Growth &ome's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=4.76/138.9000*138.9000
=4.760

Current CPI (Sep25) = 138.9000.

JPMorgan Asia Growth &ome Annual Data

Book Value per Share CPI Adj_Book
201609 3.212 101.500 4.396
201709 3.754 104.300 4.999
201809 3.872 106.600 5.045
201909 4.011 108.400 5.140
202009 4.216 109.200 5.363
202109 4.607 112.400 5.693
202209 3.706 122.300 4.209
202309 3.788 130.100 4.044
202409 4.179 133.500 4.348
202509 4.760 138.900 4.760

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.90 mean?
JPMorgan Asia Growth &ome (CHIX:JAGIL) has a Cyclically Adjusted PB Ratio of 0.90 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JPMorgan Asia Growth &ome and its competitors. This is 23% below median its historical median of 1.17. Over the past decade, JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.69. According to the industry distribution chart, JPMorgan Asia Growth &ome ranks #691 out of 1000 companies in the Asset Management industry, placing it in the top 69.1%.
Is JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio too high?
JPMorgan Asia Growth &ome's current Cyclically Adjusted PB Ratio of 0.90 is 23% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.69. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. JPMorgan Asia Growth &ome's value of 0.90 is 7.1% above this industry median. Based on the distribution chart, JPMorgan Asia Growth &ome ranks #691 out of 1000 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan Asia Growth &ome has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Asia Growth &ome's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Asia Growth &ome ranks #691 out of 1000 companies for Cyclically Adjusted PB Ratio. This places JPMorgan Asia Growth &ome in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. JPMorgan Asia Growth &ome's value of 0.90 is 7.1% above this benchmark. Historically, JPMorgan Asia Growth &ome's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.69 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.84, JPMorgan Asia Growth &ome has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Asia Growth &ome's current Cyclically Adjusted PB Ratio of 0.90 is 7.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JPMorgan Asia Growth &ome and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Asia Growth &ome's current Cyclically Adjusted PB Ratio is 0.90, which is 23% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Asia Growth &ome stock overvalued right now?
JPMorgan Asia Growth &ome (CHIX:JAGIL) has a current Cyclically Adjusted PB Ratio of 0.90. The stock's GF Value™ is £10.22, compared to a current price of £3.71 — trading 63.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 23% below median its 10-year median of 1.17 and 7.1% above the Asset Management industry median of 0.84. JPMorgan Asia Growth &ome's overall GF Score™ is 43/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For JPMorgan Asia Growth &ome (CHIX:JAGIL), the current Cyclically Adjusted PB Ratio is 0.90 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JPMorgan Asia Growth &ome (CHIX:JAGIL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Asia Growth &ome stock appears to be undervalued. The current stock price of £3.71 is trading 63.7% below its estimated GF Value™ of £10.22.

Key valuation signals for CHIX:JAGIL:

  • Cyclically Adjusted PB Ratio: 0.90 (23% below median its 10-year median of 1.17)
  • GF Value™: £10.22 vs. price of £3.71 (63.7% below fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 7.1% above the Asset Management median (#691 of 1000)

No single metric tells the full story. See the CHIX:JAGIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JPMorgan Asia Growth &ome Business Description

Other Exchanges JAGI:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Asia Growth & Income PLC is an investment trust and public limited company with closed-ended investment funds listed on the London Stock Exchange. The company aims to provide total return from investing in equities quoted on the stock markets of Asia, excluding Japan. It has a diversified portfolio of Asian stocks comprising around 50 to 80 investments. The company invests in a portfolio of Asian stocks with an emphasis on capital growth rather than income. Investment risks are managed by diversifying investments.
43GF Score

Get the complete analysis for CHIX:JAGIL

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£3.71
Price
£10.22
GF Value