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JPMorgan Chase PB Ratio

: 1.37 (As of Today)
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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 (2022-08-10), JPMorgan Chase's share price is $118.61. JPMorgan Chase's Book Value per Share for the quarter that ended in Jun. 2022 was $86.38. Hence, JPMorgan Chase's PB Ratio of today is 1.37.

Good Sign:

JPMorgan Chase & Co stock PB Ratio (=1.34) is close to 1-year low of 1.31

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

JPM' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.24   Max: 2
Current: 1.36

During the past 13 years, JPMorgan Chase's highest PB Ratio was 2.00. The lowest was 0.62. And the median was 1.24.

JPM's PB Ratio is ranked worse than
74.14% of 1446 companies
in the Banks industry
Industry Median: 0.97 vs JPM: 1.36

During the past 12 months, JPMorgan Chase's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JPMorgan Chase was 15.80% per year. The lowest was 1.50% per year. And the median was 7.35% per year.

Back to Basics: PB Ratio


JPMorgan Chase PB Ratio Historical Data

The historical data trend for JPMorgan Chase'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.

* Premium members only.

JPMorgan Chase Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 1.39 1.83 1.55 1.80

JPMorgan Chase Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.83 1.90 1.80 1.58 1.30

Competitive Comparison

For the Banks - Diversified subindustry, JPMorgan Chase'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 Chase PB Ratio Distribution

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

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



JPMorgan Chase 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 Chase's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2022)
=118.61/86.376
=1.37

* 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.


JPMorgan Chase  (NYSE:JPM) 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 Chase PB Ratio Related Terms

Thank you for viewing the detailed overview of JPMorgan Chase's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan Chase Business Description

JPMorgan Chase logo
Address
383 Madison Avenue, New York, NY, USA, 10179
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Executives
Barnum Jeremy officer: Chief Financial Officer 383 MADISON AVENUE NEW YORK NY 10179-0001
Korablina Elena A officer: Corporate Controller 383 MADISON AVENUE NEW YORK NY 10179-0001
Novakovic Phebe N director
Rometty Virginia M director IBM CORPORATION 294 ROUTE 100 SOMERS NY 10589
Piepszak Jennifer officer: Chief Financial Officer JPMORGAN CHASE & CO. 383 MADISON AVENUE NEW YORK NY 10179
Combs Todd A. director JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Hobson Mellody L director C/O TELLABS 1415 W DIEHL RD NAPERVILLE IL 60563
Leopold Robin officer: Head of Human Resources JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Scher Peter officer: Executive Vice President JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Beer Lori A officer: Chief Information Officer JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Giles Nicole officer: Corporate Controller JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Friedman Stacey officer: General Counsel JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Neal Michael A director
Bacon Ashley officer: Chief Risk Officer JPMORGAN CHASE & CO. 383 MADISON AVENUE NEW YORK NY 10179
Lake Marianne officer: Chief Financial Officer JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017

JPMorgan Chase Headlines

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