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CHIX:JEMAl's Cyclically Adjusted PB Ratio is ranked better than 79.62% of 1001
companies
in the Asset Management industry
Industry Median: 0.84
vs CHIX:JEMAl: 0.46
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.
Shiller PE for Stocks: The True Measure of Stock Valuation
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
JPMorgan Emerging Europe Middle East & Africa Securities Cyclically Adjusted PB Ratio Historical Data
* 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 Cyclically Adjusted PB Ratio Chart
JPMorgan Emerging Europe Middle East & Africa Securities Annual Data
CHIX:JEMAL vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
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 Cyclically Adjusted PB Ratio vs Asset Management Industry
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.
* 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.
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 0.48 mean?
JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 29, 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 Emerging Europe Middle East & Africa Securities and its competitors. This is 41% below median its historical median of 0.81. Over the past decade, JPMorgan Emerging Europe Middle East & Africa Securities' Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.44. According to the industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #204 out of 1001 companies in the Asset Management industry, placing it in the top 20.4%.
Is JPMorgan Emerging Europe Middle East & Africa Securities' Cyclically Adjusted PB Ratio too high?
JPMorgan Emerging Europe Middle East & Africa Securities' current Cyclically Adjusted PB Ratio of 0.48 is 41% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.44. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. JPMorgan Emerging Europe Middle East & Africa Securities' value of 0.48 is 42.9% below this industry median. Based on the distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #204 out of 1001 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Emerging Europe Middle East & Africa Securities has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Europe Middle East & Africa Securities' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #204 out of 1001 companies for Cyclically Adjusted PB Ratio. This places JPMorgan Emerging Europe Middle East & Africa Securities in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.84. JPMorgan Emerging Europe Middle East & Africa Securities' value of 0.48 is 42.9% below this benchmark. Historically, JPMorgan Emerging Europe Middle East & Africa Securities' own Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.44 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.84, JPMorgan Emerging Europe Middle East & Africa Securities has consistently been below 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 1,001 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 Emerging Europe Middle East & Africa Securities's current Cyclically Adjusted PB Ratio of 0.48 is 42.9% below 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 Emerging Europe Middle East & Africa Securities 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 Emerging Europe Middle East & Africa Securities's current Cyclically Adjusted PB Ratio is 0.48, which is 41% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Europe Middle East & Africa Securities stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.67, compared to a current price of £2.55 — trading 30.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 41% below median its 10-year median of 0.81 and 42.9% below the Asset Management industry median of 0.84. JPMorgan Emerging Europe Middle East & Africa Securities' overall GF Score™ is 60/100. 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 Emerging Europe Middle East & Africa Securities (CHIX:JEMAL), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 29, 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 Emerging Europe Middle East & Africa Securities (CHIX:JEMAL) Overvalued in 2026?
Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities stock appears to be undervalued.
The current stock price of £2.55 is trading 30.5% below its estimated GF Value™ of £3.67.
GuruFocus considers JPMorgan Emerging Europe Middle East & Africa Securities to be Significantly Undervalued.
Key valuation signals for CHIX:JEMAL:
Cyclically Adjusted PB Ratio: 0.48 (41% below median its 10-year median of 0.81)
GF Value™: £3.67 vs. price of £2.55 (30.5% below fair value)
Industry Position: 42.9% below the Asset Management median (#204 of 1001)
No single metric tells the full story. See the CHIX:JEMAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPMorgan Emerging Europe Middle East & Africa Securities Business Description
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.
60GF Score
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