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JPMorgan China Growth &ome (CHIX:JCGIL) Earnings Yield % : N/A% (As of Dec. 15, 2024)


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What is JPMorgan China Growth &ome Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-12-15), the stock price of JPMorgan China Growth &ome is £2.25. JPMorgan China Growth &ome's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was £0.00. Therefore, JPMorgan China Growth &ome's earnings yield of today is N/A%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. JPMorgan China Growth &ome's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was -10.22%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


JPMorgan China Growth &ome Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

JPMorgan China Growth &ome's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=0.000/2.25
=N/A %

JPMorgan China Growth &ome's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.000 Mil.

* 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.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


JPMorgan China Growth &ome  (CHIX:JCGIl) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


JPMorgan China Growth &ome Earnings Yield % Related Terms

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JPMorgan China Growth &ome Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y0JP
JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives, it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK listed investment companies. It reviews its performance against MSCI China Index, with net dividends reinvested, in sterling terms.

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