JPMorgan American Investment Trust (LSE:JAM) PS Ratio: 23.70 (As of Jul. 05, 2026) — 324% Above Median


LSE:JAM JPMorgan American Investment Trust PLC LSE:JAM
49 GF Score
Price £12.16
GF Value £2.72
Valuation Significantly Overvalued
! 6 Warning Signs
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What is JPMorgan American Investment Trust PS Ratio?

JPMorgan American Investment Trust LSE:JAM +0.16% 49 PS Ratio is 23.70 as of Jul. 05, 2026, which is 324% above its 10-year median of 5.59. GuruFocus rates LSE:JAM with a GF Score™ of 49/100 and a GF Value™ of £2.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,407 Asset Management companies, JPMorgan American Investment Trust ranks worse than 82.3% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, JPMorgan American Investment Trust's share price is £12.16. JPMorgan American Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.51. Hence, JPMorgan American Investment Trust's PS Ratio for today is 23.70.

Warning Sign:

JPMorgan American Investment Trust PLC stock PS Ratio (=24.92) is close to 5-year high of 25.08.

The historical rank and industry rank for JPMorgan American Investment Trust's PS Ratio or its related term are showing as below:

LSE:JAM' s PS Ratio Range Over the Past 10 Years
Min: 3.45   Med: 5.59   Max: 152.97
Current: 23.7

During the past 13 years, JPMorgan American Investment Trust's highest PS Ratio was 152.97. The lowest was 3.45. And the median was 5.59.

LSE:JAM's PS Ratio is ranked worse than
82.3% of 1407 companies
in the Asset Management industry
Industry Median: 7.28 vs LSE:JAM: 23.70

JPMorgan American Investment Trust's Revenue per Sharefor the six months ended in Dec. 2025 was £1.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.51.

During the past 12 months, the average Revenue per Share Growth Rate of JPMorgan American Investment Trust was -81.40% per year.

During the past 13 years, JPMorgan American Investment Trust's highest 3-Year average Revenue per Share Growth Rate was 275.50% per year. The lowest was -39.10% per year. And the median was 16.45% per year.

Back to Basics: PS Ratio


JPMorgan American Investment Trust  (LSE:JAM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


JPMorgan American Investment Trust PS Ratio Related Terms


JPMorgan American Investment Trust PS Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan American Investment Trust's PS 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 American Investment Trust PS Ratio Chart

JPMorgan American Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 0.00 4.91 4.31 22.99

JPMorgan American Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS 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 4.91 0.00 4.31 0.00 22.99

LSE:JAM vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, JPMorgan American Investment Trust's PS Ratio, along with its competitors' market caps and PS 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 American Investment Trust PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan American Investment Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan American Investment Trust's PS Ratio falls into.


LSE:JAM
49GF Score
JPMorgan American Investment Trust PLC LSE:JAM
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JPMorgan American Investment Trust PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

JPMorgan American Investment Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=12.16/0.513
=23.70

JPMorgan American Investment Trust's Share Price of today is £12.16.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. JPMorgan American Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.51.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 23.70 mean?
JPMorgan American Investment Trust (LSE:JAM) has a PS Ratio of 23.70 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on JPMorgan American Investment Trust and its competitors. This is 324% above median its historical median of 5.59. Over the past decade, JPMorgan American Investment Trust's PS Ratio has ranged from 3.45 to 152.97. According to the industry distribution chart, JPMorgan American Investment Trust ranks #1158 out of 1407 companies in the Asset Management industry, placing it in the top 82.3%.
Is JPMorgan American Investment Trust's PS Ratio too high?
JPMorgan American Investment Trust's current PS Ratio of 23.70 is 324% above median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 152.97. The Asset Management industry median PS Ratio is 7.28. JPMorgan American Investment Trust's value of 23.70 is 225.5% above this industry median. Based on the distribution chart, JPMorgan American Investment Trust ranks #1158 out of 1407 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, JPMorgan American Investment Trust has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan American Investment Trust's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan American Investment Trust ranks #1158 out of 1407 companies for PS Ratio. This places JPMorgan American Investment Trust in the lower half of its industry. The industry median PS Ratio is 7.28. JPMorgan American Investment Trust's value of 23.70 is 225.5% above this benchmark. Historically, JPMorgan American Investment Trust's own PS Ratio has ranged from 3.45 to 152.97 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 7.28, JPMorgan American Investment Trust 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.28, based on 1,407 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan American Investment Trust's current PS Ratio of 23.70 is 225.5% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on JPMorgan American Investment Trust and its competitors. For the Asset Management industry, the median PS Ratio is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan American Investment Trust's current PS Ratio is 23.70, which is 324% above median its own 10-year median of 5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan American Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan American Investment Trust (LSE:JAM) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.72, compared to a current price of £12.16 — trading 347.1% above its estimated fair value. The current PS Ratio is 23.70, which is 324% above median its 10-year median of 5.59 and 225.5% above the Asset Management industry median of 7.28. JPMorgan American Investment Trust's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For JPMorgan American Investment Trust (LSE:JAM), the current PS Ratio is 23.70 as of Jul. 05, 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 American Investment Trust (LSE:JAM) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan American Investment Trust stock appears to be overvalued. The current stock price of £12.16 is trading 347.1% above its estimated GF Value™ of £2.72. GuruFocus considers JPMorgan American Investment Trust to be Significantly Overvalued.

Key valuation signals for LSE:JAM:

  • PS Ratio: 23.70 (324% above median its 10-year median of 5.59)
  • GF Value™: £2.72 vs. price of £12.16 (347.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 225.5% above the Asset Management median (#1158 of 1407)

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


JPMorgan American Investment Trust Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan American Investment Trust PLC is a UK-based investment trust company. Its investment objective is to provide shareholders with capital growth from North American investments. The company seeks to achieve determined objectives and to manage risk by investing in the diversified portfolio of quoted companies, including smaller capitalization stocks and pooled funds. The company reviews its performance against its benchmark S&P 500 Index, expressed in sterling total return terms.
49GF Score

Get the complete analysis for LSE:JAM

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

£12.16
Price
£2.72
GF Value