JPMorgan US Smaller IT (LSE:JUSC) PB Ratio: 1.02 (As of Jul. 19, 2026) — Near Median

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LSE:JUSC JPMorgan US Smaller Companies IT PLC LSE:JUSC
39 GF Score
Price £4.37
! 3 Warning Signs
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What is JPMorgan US Smaller IT PB Ratio?

JPMorgan US Smaller IT LSE:JUSC -1.13% 39 PB Ratio is 1.02 as of Jul. 19, 2026, which is 5% above its 10-year median of 0.97. GuruFocus rates LSE:JUSC with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,602 Asset Management companies, JPMorgan US Smaller IT ranks worse than 62.23% 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 (2026-07-19), JPMorgan US Smaller IT's share price is £4.37. JPMorgan US Smaller IT's Book Value per Share for the quarter that ended in Dec. 2025 was £4.29. Hence, JPMorgan US Smaller IT's PB Ratio of today is 1.02.

Warning Sign:

JPMorgan US Smaller Companies IT PLC stock PB Ratio (=1.02) is close to 1-year high of 1.07.

The historical rank and industry rank for JPMorgan US Smaller IT's PB Ratio or its related term are showing as below:

LSE:JUSC' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.97   Max: 1.53
Current: 1.02

During the past 13 years, JPMorgan US Smaller IT's highest PB Ratio was 1.53. The lowest was 0.64. And the median was 0.97.

LSE:JUSC's PB Ratio is ranked worse than
62.23% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:JUSC: 1.02

During the past 12 months, JPMorgan US Smaller IT's average Book Value Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JPMorgan US Smaller IT was 20.50% per year. The lowest was -14.70% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio


JPMorgan US Smaller IT  (LSE:JUSC) 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 US Smaller IT PB Ratio Related Terms


JPMorgan US Smaller IT PB Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan US Smaller IT'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 US Smaller IT PB Ratio Chart

JPMorgan US Smaller IT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.93 0.92 0.98 0.93

JPMorgan US Smaller IT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.92 0.89 0.98 0.91 0.93

LSE:JUSC vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, JPMorgan US Smaller IT'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 US Smaller IT PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan US Smaller IT's PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan US Smaller IT's PB Ratio falls into.


LSE:JUSC
39GF Score
JPMorgan US Smaller Companies IT PLC LSE:JUSC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan US Smaller IT 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 US Smaller IT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=4.37/4.285
=1.02

* 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 1.02 mean?
JPMorgan US Smaller IT (LSE:JUSC) has a PB Ratio of 1.02 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JPMorgan US Smaller IT and its competitors. This is near median its historical median of 0.97. Over the past decade, JPMorgan US Smaller IT's PB Ratio has ranged from 0.64 to 1.53. According to the industry distribution chart, JPMorgan US Smaller IT ranks #997 out of 1602 companies in the Asset Management industry, placing it in the top 62.2%.
Is JPMorgan US Smaller IT's PB Ratio too high?
JPMorgan US Smaller IT's current PB Ratio of 1.02 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.53. The Asset Management industry median PB Ratio is 0.95. JPMorgan US Smaller IT's value of 1.02 is 7.4% above this industry median. Based on the distribution chart, JPMorgan US Smaller IT ranks #997 out of 1602 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan US Smaller IT has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan US Smaller IT's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan US Smaller IT ranks #997 out of 1602 companies for PB Ratio. This places JPMorgan US Smaller IT in the lower half of its industry. The industry median PB Ratio is 0.95. JPMorgan US Smaller IT's value of 1.02 is 7.4% above this benchmark. Historically, JPMorgan US Smaller IT's own PB Ratio has ranged from 0.64 to 1.53 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.95, JPMorgan US Smaller IT 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 0.95, 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 US Smaller IT's current PB Ratio of 1.02 is 7.4% 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 US Smaller IT and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan US Smaller IT's current PB Ratio is 1.02, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan US Smaller IT stock overvalued right now?
JPMorgan US Smaller IT (LSE:JUSC) has a current PB Ratio of 1.02. The current PB Ratio is 1.02, which is near median its 10-year median of 0.97 and 7.4% above the Asset Management industry median of 0.95. JPMorgan US Smaller IT's overall GF Score™ is 39/100 with 3 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 US Smaller IT (LSE:JUSC), the current PB Ratio is 1.02 as of Jul. 19, 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.

JPMorgan US Smaller IT Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth by investing in U.S. smaller companies. The company invests in a diversified portfolio and employs a manager with a focus on research and identifying attractive stocks in the U.S. smaller companies' universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index, and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the U.S.
39GF Score

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