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JPMorgan Japan Small Cap Growth &ome (CHIX:JSGIL) Cyclically Adjusted PB Ratio : 0.68 (As of Jun. 23, 2025)


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What is JPMorgan Japan Small Cap Growth &ome Cyclically Adjusted PB Ratio?

As of today (2025-06-23), JPMorgan Japan Small Cap Growth &ome's current share price is £3.22. JPMorgan Japan Small Cap Growth &ome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was £4.76. JPMorgan Japan Small Cap Growth &ome's Cyclically Adjusted PB Ratio for today is 0.68.

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

CHIX:JSGIl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.29   Max: 1.9
Current: 0.68

During the past years, JPMorgan Japan Small Cap Growth &ome's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.61. And the median was 1.29.

CHIX:JSGIl's Cyclically Adjusted PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.81 vs CHIX:JSGIl: 0.68

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 Japan Small Cap Growth &ome's adjusted book value per share data for the three months ended in Mar. 2024 was £3.624. 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 £4.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Japan Small Cap Growth &ome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JPMorgan Japan Small Cap 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.

* Premium members only.

JPMorgan Japan Small Cap Growth &ome Cyclically Adjusted PB Ratio Chart

JPMorgan Japan Small Cap Growth &ome Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.38 0.90 0.72 0.67

JPMorgan Japan Small Cap Growth &ome Quarterly Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.90 - 0.72 - 0.67

Competitive Comparison of JPMorgan Japan Small Cap Growth &ome's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, JPMorgan Japan Small Cap 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 Japan Small Cap Growth &ome's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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


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JPMorgan Japan Small Cap 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 Japan Small Cap Growth &ome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.22/4.76
=0.68

* 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 Japan Small Cap Growth &ome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, JPMorgan Japan Small Cap Growth &ome's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.624/131.6000*131.6000
=3.624

Current CPI (Mar. 2024) = 131.6000.

JPMorgan Japan Small Cap Growth &ome Quarterly Data

Book Value per Share CPI Adj_Book
200409 2.256 77.900 3.811
200503 2.499 78.800 4.173
200509 2.819 79.900 4.643
200603 4.059 80.400 6.644
200609 3.008 81.900 4.833
200703 2.697 82.800 4.287
200709 2.362 83.500 3.723
200803 1.940 84.900 3.007
200809 1.490 87.500 2.241
200903 1.318 87.300 1.987
200909 1.797 88.300 2.678
201003 1.926 89.400 2.835
201009 1.587 90.400 2.310
201103 1.662 92.600 2.362
201109 1.758 94.500 2.448
201203 1.671 95.400 2.305
201209 1.658 96.400 2.263
201303 2.112 97.800 2.842
201309 2.349 98.700 3.132
201403 2.195 99.300 2.909
201409 2.347 100.000 3.089
201503 2.857 99.600 3.775
201509 2.703 100.200 3.550
201603 3.255 100.400 4.267
201609 3.755 101.500 4.869
201703 3.779 102.700 4.842
201709 4.243 104.300 5.354
201803 4.831 105.100 6.049
201809 4.919 106.600 6.073
201903 4.313 107.000 5.305
201909 4.602 108.400 5.587
202003 4.018 108.600 4.869
202009 5.523 109.200 6.656
202103 5.500 109.700 6.598
202109 5.778 112.400 6.765
202203 3.976 116.500 4.491
202209 3.557 122.300 3.827
202303 3.596 126.800 3.732
202309 3.498 130.100 3.538
202403 3.624 131.600 3.624

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 Japan Small Cap Growth &ome  (CHIX:JSGIl) 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 Japan Small Cap Growth &ome Cyclically Adjusted PB Ratio Related Terms

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JPMorgan Japan Small Cap Growth &ome Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Japan Small Cap Growth & Income PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth through investment in small and medium-sized Japanese companies. The company focuses on investing in a diversified portfolio of investments almost wholly invested in Japan, emphasizing capital growth rather than income. It mainly invests in Japanese quoted companies, UK and Japanese government bonds. The company evaluates its performance against its benchmark S&P Japan SmallCap NR in sterling terms.

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