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JPMorgan Global Growth &ome (LSE:JGGI) PS Ratio : 7.04 (As of Jun. 18, 2024)


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What is JPMorgan Global 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 Global Growth &ome's share price is £5.68. JPMorgan Global Growth &ome's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.81. Hence, JPMorgan Global Growth &ome's PS Ratio for today is 7.04.

Warning Sign:

JPMorgan Global Growth & Income PLC stock PS Ratio (=10.84) is close to 2-year high of 10.84

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

LSE:JGGI' s PS Ratio Range Over the Past 10 Years
Min: 3.58   Med: 8.58   Max: 21.01
Current: 7.04

During the past 13 years, JPMorgan Global Growth &ome's highest PS Ratio was 21.01. The lowest was 3.58. And the median was 8.58.

LSE:JGGI's PS Ratio is ranked better than
57.49% of 1435 companies
in the Asset Management industry
Industry Median: 8.61 vs LSE:JGGI: 7.04

JPMorgan Global Growth &ome's Revenue per Sharefor the six months ended in Dec. 2023 was £0.46. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.81.

During the past 3 years, the average Revenue per Share Growth Rate was 36.40% per year.

During the past 13 years, JPMorgan Global Growth &ome's highest 3-Year average Revenue per Share Growth Rate was 208.00% per year. The lowest was -33.70% per year. And the median was 9.30% per year.

Back to Basics: PS Ratio


JPMorgan Global Growth &ome PS Ratio Historical Data

The historical data trend for JPMorgan Global 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 Global Growth &ome PS Ratio Chart

JPMorgan Global Growth &ome Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 16.23 4.01 - 8.88

JPMorgan Global Growth &ome Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - 8.88 -

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

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

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

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



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

PS Ratio=Share Price/Revenue per Share (TTM)
=5.68/0.807
=7.04

JPMorgan Global Growth &ome's Share Price of today is £5.68.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. JPMorgan Global Growth &ome's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.81.

* 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 Global Growth &ome  (LSE:JGGI) 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 Global Growth &ome PS Ratio Related Terms

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JPMorgan Global Growth &ome (LSE:JGGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

JPMorgan Global Growth &ome (LSE:JGGI) Headlines

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