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JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Cyclically Adjusted PB Ratio : 0.47 (As of Jun. 04, 2025)


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What is JPMorgan Emerging Europe Middle East & Africa Securities Cyclically Adjusted PB Ratio?

As of today (2025-06-04), JPMorgan Emerging Europe Middle East & Africa Securities's current share price is £2.33. JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct24 was £4.92. JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio for today is 0.47.

The historical rank and industry rank for JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:JEMAl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.81   Max: 1.44
Current: 0.4

During the past 13 years, JPMorgan Emerging Europe Middle East & Africa Securities's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.09. And the median was 0.81.

CHIX:JEMAl's Cyclically Adjusted PB Ratio is ranked better than
82.1% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs CHIX:JEMAl: 0.40

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 Emerging Europe Middle East & Africa Securities's adjusted book value per share data of for the fiscal year that ended in Oct24 was £0.525. 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 £4.92 for the trailing ten years ended in Oct24.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Emerging Europe Middle East & Africa Securities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JPMorgan Emerging Europe Middle East & Africa Securities'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.

* Premium members only.

JPMorgan Emerging Europe Middle East & Africa Securities Cyclically Adjusted PB Ratio Chart

JPMorgan Emerging Europe Middle East & Africa Securities Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.30 0.12 0.20 0.21

JPMorgan Emerging Europe Middle East & Africa Securities Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.12 - 0.20 - 0.21

Competitive Comparison of JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, JPMorgan Emerging Europe Middle East & Africa Securities'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 Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio falls into.


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JPMorgan Emerging Europe Middle East & Africa Securities 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 Emerging Europe Middle East & Africa Securities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.33/4.92
=0.47

* 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 Emerging Europe Middle East & Africa Securities's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct24 is calculated as:

For example, JPMorgan Emerging Europe Middle East & Africa Securities's adjusted Book Value per Share data for the fiscal year that ended in Oct24 was:

Adj_Book=Book Value per Share/CPI of Oct24 (Change)*Current CPI (Oct24)
=0.525/134.3000*134.3000
=0.525

Current CPI (Oct24) = 134.3000.

JPMorgan Emerging Europe Middle East & Africa Securities Annual Data

Book Value per Share CPI Adj_Book
201510 3.705 100.300 4.961
201610 5.443 101.600 7.195
201710 5.747 104.400 7.393
201810 6.176 106.700 7.774
201910 7.832 108.300 9.712
202010 6.134 109.200 7.544
202110 9.736 113.400 11.530
202210 0.467 124.300 0.505
202310 0.467 130.200 0.482
202410 0.525 134.300 0.525

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.


JPMorgan Emerging Europe Middle East & Africa Securities  (CHIX:JEMAl) 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 Emerging Europe Middle East & Africa Securities Cyclically Adjusted PB Ratio Related Terms

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JPMorgan Emerging Europe Middle East & Africa Securities Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Europe Middle East & Africa Securities PLC is a closed-ended investment fund. Its objective is to maximize the total return to shareholders from a diversified portfolio of investments in Emerging Europe (including Russia), Middle East and Africa. It invests in companies having their head office or exercising a predominant part of their activities in Central, Eastern, and Southern Europe (including Russia), the Middle East and Africa. The fund's portfolio includes equity and equity-related securities of companies from financials, energy, consumer discretionary, real estate, and other industries.

JPMorgan Emerging Europe Middle East & Africa Securities Headlines

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