Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
JPMorgan Claverhouse Investment TrustLSE:JCH -0.42%53 Return-on-Tangible-Equity is 23.78% as of Dec. 2025, which is 156% above its 10-year median of 9.30. GuruFocus rates LSE:JCH with a GF Score™ of 53/100 and a GF Value™ of £25.53 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,589 Asset Management companies, JPMorgan Claverhouse Investment Trust ranks better than 82.63% on this metric.
The historical rank and industry rank for JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:
LSE:JCH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.23 Med: 9.3 Max: 24.67
Current: 24.67
During the past 13 years, JPMorgan Claverhouse Investment Trust's highest Return-on-Tangible-Equity was 24.67%. The lowest was -14.23%. And the median was 9.30%.
LSE:JCH's Return-on-Tangible-Equity is ranked better than 82.63% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:JCH: 24.67
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
JPMorgan Claverhouse Investment Trust Return-on-Tangible-Equity Related Terms
JPMorgan Claverhouse Investment Trust Return-on-Tangible-Equity Historical Data
* 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.
LSE:JCH vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Claverhouse Investment Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 23.78% mean?
JPMorgan Claverhouse Investment Trust (LSE:JCH) has a Return-on-Tangible-Equity of 23.78% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JPMorgan Claverhouse Investment Trust and its competitors. This is 156% above median its historical median of 9.30. According to the industry distribution chart, JPMorgan Claverhouse Investment Trust ranks #276 out of 1589 companies in the Asset Management industry, placing it in the top 17.4%.
Is JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity too high?
JPMorgan Claverhouse Investment Trust's current Return-on-Tangible-Equity of 23.78% is 156% above median its 10-year median of 9.30. The Asset Management industry median Return-on-Tangible-Equity is 7.21. JPMorgan Claverhouse Investment Trust's value of 23.78% is 229.8% above this industry median. Based on the distribution chart, JPMorgan Claverhouse Investment Trust ranks #276 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Claverhouse Investment Trust has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Claverhouse Investment Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan Claverhouse Investment Trust ranks #276 out of 1589 companies for Return-on-Tangible-Equity. This places JPMorgan Claverhouse Investment Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. JPMorgan Claverhouse Investment Trust's value of 23.78% is 229.8% above this benchmark. While the company's 10-year median is 9.30 vs. the industry median of 7.21, JPMorgan Claverhouse 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Claverhouse Investment Trust's current Return-on-Tangible-Equity of 23.78% is 229.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JPMorgan Claverhouse Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Claverhouse Investment Trust's current Return-on-Tangible-Equity is 23.78%, which is 156% above median its own 10-year median of 9.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Claverhouse Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, JPMorgan Claverhouse Investment Trust (LSE:JCH) is currently considered Possible Value Trap. The stock's GF Value™ is £25.53, compared to a current price of £9.46 — trading 62.9% below its estimated fair value. The current Return-on-Tangible-Equity is 23.78%, which is 156% above median its 10-year median of 9.30 and 229.8% above the Asset Management industry median of 7.21. JPMorgan Claverhouse Investment Trust's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For JPMorgan Claverhouse Investment Trust (LSE:JCH), the current Return-on-Tangible-Equity is 23.78% as of Dec. 2025. 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 Claverhouse Investment Trust (LSE:JCH) Overvalued in 2026?
Based on GuruFocus' analysis, JPMorgan Claverhouse Investment Trust stock appears to be undervalued.
The current stock price of £9.46 is trading 62.9% below its estimated GF Value™ of £25.53.
GuruFocus considers JPMorgan Claverhouse Investment Trust to be Possible Value Trap.
Key valuation signals for LSE:JCH:
Return-on-Tangible-Equity: 23.78% (156% above median its 10-year median of 9.30)
GF Value™: £25.53 vs. price of £9.46 (62.9% below fair value)
Industry Position: 229.8% above the Asset Management median (#276 of 1589)
No single metric tells the full story. See the LSE:JCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPMorgan Claverhouse Investment Trust Business Description
JPMorgan Claverhouse Investment Trust PLC is a UK-based investment trust company. Its investment objective is to provide shareholders with a combination of capital and income growth from UK investments. The company mainly invests in a diversified portfolio, with a predominant focus on companies listed on the London Stock Exchange. The portfolio typically comprises between sixty and eighty investments across a broad range of sectors, including Financials, Industrials, Technology, Consumer Staples, Basic Materials, and Real Estate, among others. Its performance is benchmarked against the FTSE All-Share Index on a total return basis.
53GF Score
Get the complete analysis for LSE:JCH
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:JCH has been successfully added to your 
