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JPMorgan China Growth &ome (LSE:JCGI) PS Ratio : 25.86 (As of Dec. 15, 2024)


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What is JPMorgan China Growth &ome PS Ratio?

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 China Growth &ome's share price is £2.25. JPMorgan China Growth &ome's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was £0.09. Hence, JPMorgan China Growth &ome's PS Ratio for today is 25.86.

Good Sign:

JPMorgan China Growth & Income PLC stock PS Ratio (=25.57) is close to 3-year low of 24.6

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

LSE:JCGI' s PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 7.54   Max: 144.5
Current: 25.86

During the past 13 years, JPMorgan China Growth &ome's highest PS Ratio was 144.50. The lowest was 2.26. And the median was 7.54.

LSE:JCGI's PS Ratio is ranked worse than
86.58% of 1490 companies
in the Asset Management industry
Industry Median: 7.5 vs LSE:JCGI: 25.86

JPMorgan China Growth &ome's Revenue per Sharefor the six months ended in Sep. 2024 was £0.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was £0.09.

During the past 3 years, the average Revenue per Share Growth Rate was 30.10% per year.

During the past 13 years, JPMorgan China Growth &ome's highest 3-Year average Revenue per Share Growth Rate was 98.30% per year. The lowest was -56.90% per year. And the median was 25.00% per year.

Back to Basics: PS Ratio


JPMorgan China Growth &ome PS Ratio Historical Data

The historical data trend for JPMorgan China Growth &ome'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.

* Premium members only.

JPMorgan China Growth &ome PS Ratio Chart

JPMorgan China Growth &ome Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 129.50 - - 26.99

JPMorgan China Growth &ome Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - 26.99

Competitive Comparison of JPMorgan China Growth &ome's PS Ratio

For the Asset Management subindustry, JPMorgan China Growth &ome'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 China Growth &ome's PS Ratio Distribution in the Asset Management Industry

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

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



JPMorgan China Growth &ome 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 China Growth &ome's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.25/0.087
=25.86

JPMorgan China Growth &ome's Share Price of today is £2.25.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. JPMorgan China Growth &ome's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was £0.09.

* 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.


JPMorgan China Growth &ome  (LSE:JCGI) 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 China Growth &ome PS Ratio Related Terms

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JPMorgan China Growth &ome Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y0JP
JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives, it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK listed investment companies. It reviews its performance against MSCI China Index, with net dividends reinvested, in sterling terms.

JPMorgan China Growth &ome Headlines

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