JPMorgan India Growth &ome (CHIX:JIGIL) PB Ratio: 0.98 (As of Jul. 22, 2026) — 13% Above 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:JIGIL JPMorgan India Growth & Income PLC CHIX:JIGIL
48 GF Score
Price £8.86
GF Value £31.24
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is JPMorgan India Growth &ome PB Ratio?

JPMorgan India Growth &ome CHIX:JIGIL +0.11% 48 PB Ratio is 0.98 as of Jul. 22, 2026, which is 13% above its 10-year median of 0.87. GuruFocus rates CHIX:JIGIL with a GF Score™ of 48/100 and a GF Value™ of £31.24 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,602 Asset Management companies, JPMorgan India Growth &ome ranks worse than 52.31% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), JPMorgan India Growth &ome's share price is £8.86. JPMorgan India Growth &ome's Book Value per Share for the quarter that ended in Mar. 2026 was £9.06. Hence, JPMorgan India Growth &ome's PB Ratio of today is 0.98.

Warning Sign:

JPMorgan India Growth & Income PLC stock PB Ratio (=0.97) is close to 3-year high of 0.98.

The historical rank and industry rank for JPMorgan India Growth &ome's PB Ratio or its related term are showing as below:

CHIX:JIGIl' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.87   Max: 1.22
Current: 0.97

During the past 13 years, JPMorgan India Growth &ome's highest PB Ratio was 1.22. The lowest was 0.50. And the median was 0.87.

CHIX:JIGIl's PB Ratio is ranked worse than
52.31% of 1602 companies
in the Asset Management industry
Industry Median: 0.96 vs CHIX:JIGIl: 0.97

During the past 12 months, JPMorgan India Growth &ome's average Book Value Per Share Growth Rate was -21.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JPMorgan India Growth &ome was 49.90% per year. The lowest was -11.50% per year. And the median was 9.45% per year.

Back to Basics: PB Ratio


JPMorgan India Growth &ome  (CHIX:JIGIl) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


JPMorgan India Growth &ome PB Ratio Related Terms


JPMorgan India Growth &ome PB Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan India Growth &ome's 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 India Growth &ome PB Ratio Chart

JPMorgan India Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.77 0.82 0.91

JPMorgan India 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
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 0.81 0.82 0.84 0.91 0.90

CHIX:JIGIL vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, JPMorgan India Growth &ome's PB Ratio, along with its competitors' market caps and 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 India Growth &ome PB Ratio vs Asset Management Industry

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

* The bar in red indicates where JPMorgan India Growth &ome's PB Ratio falls into.


CHIX:JIGIL
48GF Score
JPMorgan India Growth & Income PLC CHIX:JIGIL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan India Growth &ome PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

JPMorgan India Growth &ome's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=8.86/9.062
=0.98

* 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:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.98 mean?
JPMorgan India Growth &ome (CHIX:JIGIL) has a PB Ratio of 0.98 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JPMorgan India Growth &ome and its competitors. This is 13% above median its historical median of 0.87. Over the past decade, JPMorgan India Growth &ome's PB Ratio has ranged from 0.50 to 1.22. According to the industry distribution chart, JPMorgan India Growth &ome ranks #838 out of 1602 companies in the Asset Management industry, placing it in the top 52.3%.
Is JPMorgan India Growth &ome's PB Ratio too high?
JPMorgan India Growth &ome's current PB Ratio of 0.98 is 13% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.22. The Asset Management industry median PB Ratio is 0.96. JPMorgan India Growth &ome's value of 0.98 is 2.1% above this industry median. Based on the distribution chart, JPMorgan India Growth &ome ranks #838 out of 1602 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan India Growth &ome has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan India Growth &ome's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan India Growth &ome ranks #838 out of 1602 companies for PB Ratio. This places JPMorgan India Growth &ome in the lower half of its industry. The industry median PB Ratio is 0.96. JPMorgan India Growth &ome's value of 0.98 is 2.1% above this benchmark. Historically, JPMorgan India Growth &ome's own PB Ratio has ranged from 0.50 to 1.22 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.96, JPMorgan India Growth &ome 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan India Growth &ome's current PB Ratio of 0.98 is 2.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JPMorgan India Growth &ome and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan India Growth &ome's current PB Ratio is 0.98, which is 13% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan India Growth &ome stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan India Growth &ome (CHIX:JIGIL) is currently considered Significantly Undervalued. The stock's GF Value™ is £31.24, compared to a current price of £8.86 — trading 71.6% below its estimated fair value. The current PB Ratio is 0.98, which is 13% above median its 10-year median of 0.87 and 2.1% above the Asset Management industry median of 0.96. JPMorgan India Growth &ome's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For JPMorgan India Growth &ome (CHIX:JIGIL), the current PB Ratio is 0.98 as of Jul. 22, 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 India Growth &ome (CHIX:JIGIL) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan India Growth &ome stock appears to be undervalued. The current stock price of £8.86 is trading 71.6% below its estimated GF Value™ of £31.24. GuruFocus considers JPMorgan India Growth &ome to be Significantly Undervalued.

Key valuation signals for CHIX:JIGIL:

  • PB Ratio: 0.98 (13% above median its 10-year median of 0.87)
  • GF Value™: £31.24 vs. price of £8.86 (71.6% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 2.1% above the Asset Management median (#838 of 1602)

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


JPMorgan India Growth &ome Business Description

Other Exchanges JIGI:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan India Growth & Income PLC is an investment trust that aims to provide capital growth from Indian investments. The Company's objective is to achieve capital growth from predominantly quoted Indian investments by outperforming the MSCI India Index. It invests in a diversified portfolio of quoted Indian companies and companies that earn a material portion of their revenues from India.
48GF Score

Get the complete analysis for CHIX:JIGIL

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

£8.86
Price
£31.24
GF Value