JPMorgan Emerging Markets Dividendome (LSE:JEMI) Cyclically Adjusted PB Ratio: 1.22 (As of Aug. 15, 2026) — 36% Above Median

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LSE:JEMI JPMorgan Emerging Markets Dividend Income PLC LSE:JEMI
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Price £2.06
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What is JPMorgan Emerging Markets Dividendome Cyclically Adjusted PB Ratio?

JPMorgan Emerging Markets Dividendome LSE:JEMI -0.48% 40 Cyclically Adjusted PB Ratio is 1.22 as of Aug. 15, 2026, which is 36% above its 10-year median of 0.90. GuruFocus rates LSE:JEMI with a GF Score™ of 40/100. The stock has 5 warning signs investors should review. Among 1,011 Asset Management companies, JPMorgan Emerging Markets Dividendome ranks worse than 70.13% on this metric.

As of today (2026-08-15), JPMorgan Emerging Markets Dividendome's current share price is £2.06. JPMorgan Emerging Markets Dividendome's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 was £1.69. JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio for today is 1.22.

The historical rank and industry rank for JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:JEMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.9   Max: 1.28
Current: 1.22

During the past 13 years, JPMorgan Emerging Markets Dividendome's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.74. And the median was 0.90.

LSE:JEMI's Cyclically Adjusted PB Ratio is ranked worse than
70.13% of 1011 companies
in the Asset Management industry
Industry Median: 0.87 vs LSE:JEMI: 1.22

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 Markets Dividendome's adjusted book value per share data of for the fiscal year that ended in Jul25 was £1.667. 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 £1.69 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Emerging Markets Dividendome  (LSE:JEMI) 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 Markets Dividendome Cyclically Adjusted PB Ratio Related Terms


JPMorgan Emerging Markets Dividendome Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan Emerging Markets Dividendome'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 Emerging Markets Dividendome Cyclically Adjusted PB Ratio Chart

JPMorgan Emerging Markets Dividendome Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.84 0.86 0.85 0.90

JPMorgan Emerging Markets Dividendome Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.85 0.00 0.90 0.00

LSE:JEMI vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, JPMorgan Emerging Markets Dividendome'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 Markets Dividendome Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio falls into.


LSE:JEMI
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JPMorgan Emerging Markets Dividend Income PLC LSE:JEMI
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JPMorgan Emerging Markets Dividendome 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 Markets Dividendome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.06/1.69
=1.22

* 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 Markets Dividendome's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 is calculated as:

For example, JPMorgan Emerging Markets Dividendome's adjusted Book Value per Share data for the fiscal year that ended in Jul25 was:

Adj_Book=Book Value per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=1.667/138.5000*138.5000
=1.667

Current CPI (Jul25) = 138.5000.

JPMorgan Emerging Markets Dividendome Annual Data

Book Value per Share CPI Adj_Book
201607 1.171 100.900 1.607
201707 1.310 103.500 1.753
201807 1.346 105.900 1.760
201907 1.450 108.000 1.859
202007 1.266 109.200 1.606
202107 1.522 111.400 1.892
202207 1.403 121.200 1.603
202307 1.477 129.000 1.586
202407 1.514 132.900 1.578
202507 1.667 138.500 1.667

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 1.22 mean?
JPMorgan Emerging Markets Dividendome (LSE:JEMI) has a Cyclically Adjusted PB Ratio of 1.22 as of Aug. 15, 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 Markets Dividendome and its competitors. This is 36% above median its historical median of 0.90. Over the past decade, JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.28. According to the industry distribution chart, JPMorgan Emerging Markets Dividendome ranks #709 out of 1011 companies in the Asset Management industry, placing it in the top 70.1%.
Is JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio too high?
JPMorgan Emerging Markets Dividendome's current Cyclically Adjusted PB Ratio of 1.22 is 36% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.28. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.87. JPMorgan Emerging Markets Dividendome's value of 1.22 is 40.2% above this industry median. Based on the distribution chart, JPMorgan Emerging Markets Dividendome ranks #709 out of 1011 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan Emerging Markets Dividendome has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Markets Dividendome's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Emerging Markets Dividendome ranks #709 out of 1011 companies for Cyclically Adjusted PB Ratio. This places JPMorgan Emerging Markets Dividendome in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.87. JPMorgan Emerging Markets Dividendome's value of 1.22 is 40.2% above this benchmark. Historically, JPMorgan Emerging Markets Dividendome's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.28 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.87, JPMorgan Emerging Markets Dividendome 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 0.87, based on 1,011 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 Markets Dividendome's current Cyclically Adjusted PB Ratio of 1.22 is 40.2% 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 Emerging Markets Dividendome and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Emerging Markets Dividendome's current Cyclically Adjusted PB Ratio is 1.22, which is 36% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Markets Dividendome stock overvalued right now?
JPMorgan Emerging Markets Dividendome (LSE:JEMI) has a current Cyclically Adjusted PB Ratio of 1.22. The current Cyclically Adjusted PB Ratio is 1.22, which is 36% above median its 10-year median of 0.90 and 40.2% above the Asset Management industry median of 0.87. JPMorgan Emerging Markets Dividendome's overall GF Score™ is 40/100 with 5 warning signs 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 Emerging Markets Dividendome (LSE:JEMI), the current Cyclically Adjusted PB Ratio is 1.22 as of Aug. 15, 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.

JPMorgan Emerging Markets Dividendome Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Markets Dividend Income PLC is an investment trust based in the United Kingdom. The company aims to provide a dividend income, together with the potential for long-term capital growth from a diversified portfolio of emerging markets investments. It can invest in any particular market, sector or country in the emerging markets universe and there are no fixed limits on portfolio construction. The portfolio holds companies from different sectors, including Information Technology, Financials, Communication Services, and Energy.
40GF Score

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