JPMorgan Asia Growth &ome (CHIX:JAGIL) Cyclically Adjusted PS Ratio: 7.57 (As of Jul. 31, 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:JAGIL JPMorgan Asia Growth & Income PLC CHIX:JAGIL
43 GF Score
Price £3.71
GF Value £10.22
! 1 Warning Sign
View Full Analysis

What is JPMorgan Asia Growth &ome Cyclically Adjusted PS Ratio?

JPMorgan Asia Growth &ome CHIX:JAGIL 43 Cyclically Adjusted PS Ratio is 7.57 as of Jul. 31, 2026, which is 21% below its 10-year median of 9.54. 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 907 Asset Management companies, JPMorgan Asia Growth &ome ranks worse than 59.87% on this metric.

As of today (2026-07-31), JPMorgan Asia Growth &ome's current share price is £3.71. JPMorgan Asia Growth &ome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 was £0.49. JPMorgan Asia Growth &ome's Cyclically Adjusted PS Ratio for today is 7.57.

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

CHIX:JAGIl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.21   Med: 9.54   Max: 17.52
Current: 9.81

During the past 13 years, JPMorgan Asia Growth &ome's highest Cyclically Adjusted PS Ratio was 17.52. The lowest was 7.21. And the median was 9.54.

CHIX:JAGIl's Cyclically Adjusted PS Ratio is ranked worse than
59.87% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs CHIX:JAGIl: 9.81

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

JPMorgan Asia Growth &ome's adjusted revenue per share data of for the fiscal year that ended in Sep25 was £0.720. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is £0.49 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


JPMorgan Asia Growth &ome Cyclically Adjusted PS Ratio Related Terms


JPMorgan Asia Growth &ome Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan Asia Growth &ome's Cyclically Adjusted PS 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 PS Ratio Chart

JPMorgan Asia Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.23 8.42 8.04 7.82 7.58

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 PS 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 7.82 0.00 7.58 0.00

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

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

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

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


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

JPMorgan Asia Growth &ome Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.71/0.49
=7.57

* 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 Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=0.72/138.9000*138.9000
=0.720

Current CPI (Sep25) = 138.9000.

JPMorgan Asia Growth &ome Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.951 101.500 1.301
201709 1.316 104.300 1.753
201809 0.293 106.600 0.382
201909 0.312 108.400 0.400
202009 0.377 109.200 0.480
202109 0.574 112.400 0.709
202209 -0.716 122.300 -0.813
202309 0.242 130.100 0.258
202409 0.520 133.500 0.541
202509 0.720 138.900 0.720

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 7.57 mean?
JPMorgan Asia Growth &ome (CHIX:JAGIL) has a Cyclically Adjusted PS Ratio of 7.57 as of Jul. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on JPMorgan Asia Growth &ome and its competitors. This is 21% below median its historical median of 9.54. Over the past decade, JPMorgan Asia Growth &ome's Cyclically Adjusted PS Ratio has ranged from 7.21 to 17.52. According to the industry distribution chart, JPMorgan Asia Growth &ome ranks #543 out of 907 companies in the Asset Management industry, placing it in the top 59.9%.
Is JPMorgan Asia Growth &ome's Cyclically Adjusted PS Ratio too high?
JPMorgan Asia Growth &ome's current Cyclically Adjusted PS Ratio of 7.57 is 21% below median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 17.52. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. JPMorgan Asia Growth &ome's value of 7.57 is 0% at this industry median. Based on the distribution chart, JPMorgan Asia Growth &ome ranks #543 out of 907 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 PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Asia Growth &ome ranks #543 out of 907 companies for Cyclically Adjusted PS Ratio. This places JPMorgan Asia Growth &ome in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.57. JPMorgan Asia Growth &ome's value of 7.57 is 0% at this benchmark. Historically, JPMorgan Asia Growth &ome's own Cyclically Adjusted PS Ratio has ranged from 7.21 to 17.52 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 7.57, JPMorgan Asia Growth &ome has consistently been at 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 PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.57, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 7.57 is 0% at 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 7.57 — 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 PS Ratio is 7.57, which is 21% below median its own 10-year median of 9.54. 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 PS Ratio of 7.57. 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 PS Ratio is 7.57, which is 21% below median its 10-year median of 9.54 and 0% at the Asset Management industry median of 7.57. 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For JPMorgan Asia Growth &ome (CHIX:JAGIL), the current Cyclically Adjusted PS Ratio is 7.57 as of Jul. 31, 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 PS Ratio: 7.57 (21% below median its 10-year median of 9.54)
  • GF Value™: £10.22 vs. price of £3.71 (63.7% below fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 0% at the Asset Management median (#543 of 907)

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

£3.71
Price
£10.22
GF Value