JPMorgan Emerging Europe Middle East & Africa Securities (LSE:JEMA) PB Ratio: 3.84 (As of Jul. 11, 2026) — 266% Above Median


LSE:JEMA JPMorgan Emerging Europe Middle East & Africa Securities PLC LSE:JEMA
60 GF Score
Price £2.57
GF Value £4.01
Valuation Significantly Undervalued
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What is JPMorgan Emerging Europe Middle East & Africa Securities PB Ratio?

JPMorgan Emerging Europe Middle East & Africa Securities LSE:JEMA -3.39% 60 PB Ratio is 3.84 as of Jul. 11, 2026, which is 266% above its 10-year median of 1.05. GuruFocus rates LSE:JEMA with a GF Score™ of 60/100 and a GF Value™ of £4.01 (Significantly Undervalued). Among 1,602 Asset Management companies, JPMorgan Emerging Europe Middle East & Africa Securities ranks worse than 92.38% 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 (2026-07-11), JPMorgan Emerging Europe Middle East & Africa Securities's share price is £2.565. JPMorgan Emerging Europe Middle East & Africa Securities's Book Value per Share for the quarter that ended in Apr. 2026 was £0.67. Hence, JPMorgan Emerging Europe Middle East & Africa Securities's PB Ratio of today is 3.84.

The historical rank and industry rank for JPMorgan Emerging Europe Middle East & Africa Securities's PB Ratio or its related term are showing as below:

LSE:JEMA' s PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 1.05   Max: 5.62
Current: 3.92

During the past 13 years, JPMorgan Emerging Europe Middle East & Africa Securities's highest PB Ratio was 5.62. The lowest was 0.06. And the median was 1.05.

LSE:JEMA's PB Ratio is ranked worse than
92.38% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:JEMA: 3.92

During the past 12 months, JPMorgan Emerging Europe Middle East & Africa Securities's average Book Value Per Share Growth Rate was 20.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -43.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -24.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JPMorgan Emerging Europe Middle East & Africa Securities was 51.70% per year. The lowest was -62.20% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


JPMorgan Emerging Europe Middle East & Africa Securities  (LSE:JEMA) 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 Emerging Europe Middle East & Africa Securities PB Ratio Related Terms


JPMorgan Emerging Europe Middle East & Africa Securities PB Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan Emerging Europe Middle East & Africa Securities'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 Emerging Europe Middle East & Africa Securities PB Ratio Chart

JPMorgan Emerging Europe Middle East & Africa Securities Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.69 2.57 2.30 3.31

JPMorgan Emerging Europe Middle East & Africa Securities Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.81 2.30 4.91 3.31 4.04

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

For the Asset Management subindustry, JPMorgan Emerging Europe Middle East & Africa Securities'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 Emerging Europe Middle East & Africa Securities PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Emerging Europe Middle East & Africa Securities's PB Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Emerging Europe Middle East & Africa Securities's PB Ratio falls into.


LSE:JEMA
60GF Score
JPMorgan Emerging Europe Middle East & Africa Securities PLC LSE:JEMA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Emerging Europe Middle East & Africa Securities 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 Emerging Europe Middle East & Africa Securities's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=2.565/0.668
=3.84

* 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 3.84 mean?
JPMorgan Emerging Europe Middle East & Africa Securities (LSE:JEMA) has a PB Ratio of 3.84 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JPMorgan Emerging Europe Middle East & Africa Securities and its competitors. This is 266% above median its historical median of 1.05. Over the past decade, JPMorgan Emerging Europe Middle East & Africa Securities' PB Ratio has ranged from 0.06 to 5.62. According to the industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #1480 out of 1602 companies in the Asset Management industry, placing it in the top 92.4%.
Is JPMorgan Emerging Europe Middle East & Africa Securities' PB Ratio too high?
JPMorgan Emerging Europe Middle East & Africa Securities' current PB Ratio of 3.84 is 266% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 5.62. The Asset Management industry median PB Ratio is 0.95. JPMorgan Emerging Europe Middle East & Africa Securities' value of 3.84 is 304.2% above this industry median. Based on the distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #1480 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, JPMorgan Emerging Europe Middle East & Africa Securities has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Emerging Europe Middle East & Africa Securities' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Emerging Europe Middle East & Africa Securities ranks #1480 out of 1602 companies for PB Ratio. This places JPMorgan Emerging Europe Middle East & Africa Securities in the lower half of its industry. The industry median PB Ratio is 0.95. JPMorgan Emerging Europe Middle East & Africa Securities' value of 3.84 is 304.2% above this benchmark. Historically, JPMorgan Emerging Europe Middle East & Africa Securities' own PB Ratio has ranged from 0.06 to 5.62 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.95, JPMorgan Emerging Europe Middle East & Africa Securities 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 Emerging Europe Middle East & Africa Securities's current PB Ratio of 3.84 is 304.2% 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 Emerging Europe Middle East & Africa Securities 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 Emerging Europe Middle East & Africa Securities's current PB Ratio is 3.84, which is 266% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Emerging Europe Middle East & Africa Securities stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities (LSE:JEMA) is currently considered Significantly Undervalued. The stock's GF Value™ is £4.01, compared to a current price of £2.57 — trading 36% below its estimated fair value. The current PB Ratio is 3.84, which is 266% above median its 10-year median of 1.05 and 304.2% above the Asset Management industry median of 0.95. JPMorgan Emerging Europe Middle East & Africa Securities' overall GF Score™ is 60/100. 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 Emerging Europe Middle East & Africa Securities (LSE:JEMA), the current PB Ratio is 3.84 as of Jul. 11, 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 Emerging Europe Middle East & Africa Securities (LSE:JEMA) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Emerging Europe Middle East & Africa Securities stock appears to be undervalued. The current stock price of £2.57 is trading 36% below its estimated GF Value™ of £4.01. GuruFocus considers JPMorgan Emerging Europe Middle East & Africa Securities to be Significantly Undervalued.

Key valuation signals for LSE:JEMA:

  • PB Ratio: 3.84 (266% above median its 10-year median of 1.05)
  • GF Value™: £4.01 vs. price of £2.57 (36% below fair value)
  • GF Score™: 60/100
  • Industry Position: 304.2% above the Asset Management median (#1480 of 1602)

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


JPMorgan Emerging Europe Middle East & Africa Securities Business Description

Other Exchanges JEMAl:UK
Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Emerging Europe Middle East & Africa Securities PLC is a closed-ended investment fund. Its objective is to maximize the total return to shareholders from a diversified portfolio of investments in Emerging Europe (including Russia), Middle East and Africa. It invests in companies having their head office or exercising a predominant part of their activities in Central, Eastern, and Southern Europe (including Russia), the Middle East and Africa. The fund's portfolio includes equity and equity-related securities of companies from financials, energy, consumer discretionary, real estate, and other industries.
60GF Score

Get the complete analysis for LSE:JEMA

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

£2.57
Price
£4.01
GF Value