JPMorgan European Growth &ome (CHIX:JEGIL) Graham Number: £2.66 (As of Mar. 2026) — 367% Above Median

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CHIX:JEGIL JPMorgan European Growth & Income PLC CHIX:JEGIL
64 GF Score
Price £0.97
GF Value £1.02
! 4 Warning Signs
View Full Analysis

What is JPMorgan European Growth &ome Graham Number?

JPMorgan European Growth &ome CHIX:JEGIL 64 Graham Number is £2.66 as of Mar. 2026, which is 100% below its 10-year median of 0.57. GuruFocus rates CHIX:JEGIL with a GF Score™ of 64/100 and a GF Value™ of £1.02. The stock has 4 warning signs investors should review. Among 1,169 Asset Management companies, JPMorgan European Growth &ome ranks better than 65.44% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-08-12), the stock price of JPMorgan European Growth &ome is £0.968. JPMorgan European Growth &ome's graham number for the quarter that ended in Mar. 2026 was £2.66. Therefore, JPMorgan European Growth &ome's Price to Graham Number ratio for today is 0.36.

The historical rank and industry rank for JPMorgan European Growth &ome's Graham Number or its related term are showing as below:

CHIX:JEGIl' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.41   Med: 0.57   Max: 1.16
Current: 0.57

During the past 13 years, the highest Price to Graham Number ratio of JPMorgan European Growth &ome was 1.16. The lowest was 0.41. And the median was 0.57.

CHIX:JEGIl's Price-to-Graham-Number is ranked better than
65.44% of 1169 companies
in the Asset Management industry
Industry Median: 0.7 vs CHIX:JEGIl: 0.57

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


JPMorgan European Growth &ome  (CHIX:JEGIl) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

JPMorgan European Growth &ome's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.968/2.66
=0.36

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


JPMorgan European Growth &ome Graham Number Related Terms


JPMorgan European Growth &ome Graham Number Historical Data

* Premium members only.

The historical data trend for JPMorgan European Growth &ome's Graham Number 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 European Growth &ome Graham Number Chart

JPMorgan European Growth &ome Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.48 2.14 0.96 2.66

JPMorgan European 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
Graham Number 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 2.14 2.07 0.98 2.53 2.66

CHIX:JEGIL vs BLK, BX, KKR: Graham Number Comparison

For the Asset Management subindustry, JPMorgan European Growth &ome's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 European Growth &ome Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan European Growth &ome's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where JPMorgan European Growth &ome's Price-to-Graham-Number falls into.


CHIX:JEGIL
64GF Score
JPMorgan European Growth & Income PLC CHIX:JEGIL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan European Growth &ome Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

JPMorgan European Growth &ome's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.352*0.232)
=2.66

JPMorgan European Growth &ome's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.352*0.232)
=2.66

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of £2.66 mean?
JPMorgan European Growth &ome (CHIX:JEGIL) has a Graham Number of £2.66 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on JPMorgan European Growth &ome and its competitors. This is 367% above median its historical median of 0.57. Over the past decade, JPMorgan European Growth &ome's Graham Number has ranged from 0.41 to 1.16. According to the industry distribution chart, JPMorgan European Growth &ome ranks #404 out of 1169 companies in the Asset Management industry, placing it in the top 34.6%.
Is JPMorgan European Growth &ome's Graham Number too high?
JPMorgan European Growth &ome's current Graham Number of £2.66 is 367% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.16. Based on the distribution chart, JPMorgan European Growth &ome ranks #404 out of 1169 companies in the Asset Management industry, which is above the industry midpoint. Overall, JPMorgan European Growth &ome has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan European Growth &ome's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan European Growth &ome ranks #404 out of 1169 companies for Graham Number. This puts JPMorgan European Growth &ome in the upper half of its industry. The industry median Graham Number is 0.70. Historically, JPMorgan European Growth &ome's own Graham Number has ranged from 0.41 to 1.16 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Asset Management company?
The median Graham Number among Asset Management companies is 0.70, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on JPMorgan European Growth &ome and its competitors. For the Asset Management industry, the median Graham Number is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan European Growth &ome's current Graham Number is £2.66, which is 367% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan European Growth &ome stock overvalued right now?
JPMorgan European Growth &ome (CHIX:JEGIL) has a current Graham Number of £2.66. The stock's GF Value™ is £1.02, compared to a current price of £0.97 — trading 5.1% below its estimated fair value. The current Graham Number is £2.66, which is 367% above median its 10-year median of 0.57. JPMorgan European Growth &ome's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For JPMorgan European Growth &ome (CHIX:JEGIL), the current Graham Number is £2.66 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 European Growth &ome (CHIX:JEGIL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan European Growth &ome stock appears to be undervalued. The current stock price of £0.97 is trading 5.1% below its estimated GF Value™ of £1.02.

Key valuation signals for CHIX:JEGIL:

  • Graham Number: £2.66 (367% above median its 10-year median of 0.57)
  • GF Value™: £1.02 vs. price of £0.97 (5.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


JPMorgan European Growth &ome Business Description

Other Exchanges JEGI:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan European Growth & Income PLC is a trust that invests in a region of well governed companies which is managed by experienced fund managers with a successful European stock picking track record aiming to outperform in different economic, market and style environments. Its investment objective is that it aims o provide capital growth and a rising share price over the longer term from Continental European investments by taking carefully controlled risks through an investment method that is clearly communicated to shareholders. Currency exposure is predominantly hedged back towards the benchmark.
64GF Score

Get the complete analysis for CHIX:JEGIL

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

£0.97
Price
£1.02
GF Value