JPMorgan Chase (MEX:JPM) E10: MXN266.76 (As of Mar. 2026)


MEX:JPM JPMorgan Chase & Co MEX:JPM
71 GF Score
Price MXN5,893.27
GF Value MXN4,895.11
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is JPMorgan Chase E10?

JPMorgan Chase MEX:JPM +0.15% 71 E10 is MXN266.76 as of Mar. 2026. GuruFocus rates MEX:JPM with a GF Score™ of 71/100 and a GF Value™ of MXN4,895.11 (Modestly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

JPMorgan Chase's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN107.114. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN266.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, JPMorgan Chase's average E10 Growth Rate was 13.10% per year. During the past 3 years, the average E10 Growth Rate was 13.60% per year. During the past 5 years, the average E10 Growth Rate was 14.70% per year. During the past 10 years, the average E10 Growth Rate was 13.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of JPMorgan Chase was 68.60% per year. The lowest was -6.60% per year. And the median was 9.00% per year.

As of today (2026-06-26), JPMorgan Chase's current stock price is MXN5893.27. JPMorgan Chase's E10 for the quarter that ended in Mar. 2026 was MXN266.76. JPMorgan Chase's Shiller PE Ratio of today is 22.09.

During the past 13 years, the highest Shiller PE Ratio of JPMorgan Chase was 24.59. The lowest was 10.98. And the median was 18.66.


JPMorgan Chase  (MEX:JPM) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

JPMorgan Chase's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5893.27/266.76
=22.09

* 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.

During the past 13 years, the highest Shiller P/E Ratio of JPMorgan Chase was 24.59. The lowest was 10.98. And the median was 18.66.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


JPMorgan Chase E10 Related Terms


JPMorgan Chase E10 Historical Data

* Premium members only.

The historical data trend for JPMorgan Chase's E10 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 Chase E10 Chart

JPMorgan Chase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.16 187.50 187.69 262.75 255.78

JPMorgan Chase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 268.62 255.38 253.39 255.78 266.76

MEX:JPM vs BAC, WFC, C: E10 Comparison

For the Banks - Diversified subindustry, JPMorgan Chase's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Chase Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, JPMorgan Chase's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's Shiller PE Ratio falls into.


MEX:JPM
71GF Score
JPMorgan Chase & Co MEX:JPM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan Chase E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, JPMorgan Chase's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=107.114/330.2130*330.2130
=107.114

Current CPI (Mar. 2026) = 330.2130.

JPMorgan Chase Quarterly Data

per share eps CPI Adj_EPS
201606 28.665 241.018 39.273
201609 30.550 241.428 41.785
201612 35.255 241.432 48.219
201703 31.068 243.801 42.080
201706 32.898 244.955 44.348
201709 31.940 246.819 42.732
201712 21.014 246.524 28.148
201803 43.057 249.554 56.974
201806 44.997 251.989 58.965
201809 43.770 252.439 57.255
201812 38.877 251.233 51.099
201903 51.405 254.202 66.776
201906 54.169 256.143 69.833
201909 52.909 256.759 68.045
201912 48.470 256.974 62.284
202003 18.289 258.115 23.398
202006 31.853 257.797 40.801
202009 64.506 260.280 81.838
202012 75.391 260.474 95.576
202103 91.984 264.877 114.673
202106 75.245 271.696 91.451
202109 76.902 274.310 92.574
202112 68.312 278.802 80.909
202203 52.366 287.504 60.145
202206 55.526 296.311 61.879
202209 62.759 296.808 69.822
202212 69.601 296.797 77.437
202303 73.902 301.836 80.850
202306 81.434 305.109 88.134
202309 75.424 307.789 80.919
202312 51.602 306.746 55.550
202403 73.687 312.332 77.906
202406 112.119 314.175 117.842
202409 86.047 315.301 90.117
202412 100.316 315.605 104.959
202503 103.723 319.799 107.101
202506 98.665 322.561 101.006
202509 93.005 324.800 94.555
202512 83.366 324.054 84.950
202603 107.114 330.213 107.114

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN266.76 mean?
JPMorgan Chase (MEX:JPM) has a E10 of MXN266.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JPMorgan Chase and its competitors.
Is JPMorgan Chase's E10 too high?
JPMorgan Chase's current E10 is MXN266.76. Overall, JPMorgan Chase has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's E10 compare to BAC and WFC?
JPMorgan Chase's E10 of MXN266.76 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JPMorgan Chase and its competitors. JPMorgan Chase's current E10 is MXN266.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Chase stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Chase (MEX:JPM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,895.11, compared to a current price of MXN5,893.27 — trading 20.4% above its estimated fair value. The current E10 is MXN266.76. JPMorgan Chase's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For JPMorgan Chase (MEX:JPM), the current E10 is MXN266.76 as of Mar. 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 Chase (MEX:JPM) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Chase stock appears to be overvalued. The current stock price of MXN5,893.27 is trading 20.4% above its estimated GF Value™ of MXN4,895.11. GuruFocus considers JPMorgan Chase to be Modestly Overvalued.

Key valuation signals for MEX:JPM:

  • E10: MXN266.76
  • GF Value™: MXN4,895.11 vs. price of MXN5,893.27 (20.4% above fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the MEX:JPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JPMorgan Chase Business Description

Address 270 Park Avenue, New York, NY, USA, 10017
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4.9 trillion balance sheet and $2.68 trillion in deposits, as of March 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.1 trillion in client assets within its wealth and asset management franchise.
71GF Score

Get the complete analysis for MEX:JPM

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,893.27
Price
MXN4,895.11
GF Value