LSE:JAM'
s ROE % Range Over the Past 10 Years
Min: -10.26 Med: 19.56 Max: 26.57
Current: 4.22
During the past 13 years, JPMorgan American Investment Trust's highest ROE % was 26.57%. The lowest was -10.26%. And the median was 19.56%.
LSE:JAM's ROE % is ranked worse than 58.06% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs LSE:JAM: 4.22
JPMorgan American Investment Trust (LSE:JAM) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
JPMorgan American Investment Trust ROE % Related Terms
JPMorgan American Investment Trust ROE % 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.
For the Asset Management subindustry, JPMorgan American Investment Trust's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan American Investment Trust's ROE % distribution charts can be found below:
* The bar in red indicates where JPMorgan American Investment Trust's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
JPMorgan American Investment Trust (LSE:JAM) has a ROE % of 18.62% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JPMorgan American Investment Trust and its competitors. This is near median its historical median of 19.56. According to the industry distribution chart, JPMorgan American Investment Trust ranks #936 out of 1612 companies in the Asset Management industry, placing it in the top 58.1%.
Is JPMorgan American Investment Trust's ROE % too high?
JPMorgan American Investment Trust's current ROE % of 18.62% is near median its 10-year median of 19.56. The Asset Management industry median ROE % is 6.40. JPMorgan American Investment Trust's value of 18.62% is 191.2% above this industry median. Based on the distribution chart, JPMorgan American Investment Trust ranks #936 out of 1612 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan American Investment Trust has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan American Investment Trust's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan American Investment Trust ranks #936 out of 1612 companies for ROE %. This places JPMorgan American Investment Trust in the lower half of its industry. The industry median ROE % is 6.40. JPMorgan American Investment Trust's value of 18.62% is 191.2% above this benchmark. While the company's 10-year median is 19.56 vs. the industry median of 6.40, 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan American Investment Trust's current ROE % of 18.62% is 191.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JPMorgan American Investment Trust and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan American Investment Trust's current ROE % is 18.62%, which is near median its own 10-year median of 19.56. 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 £12.06 — trading 343.4% above its estimated fair value. The current ROE % is 18.62%, which is near median its 10-year median of 19.56 and 191.2% above the Asset Management industry median of 6.40. JPMorgan American Investment Trust's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For JPMorgan American Investment Trust (LSE:JAM), the current ROE % is 18.62% 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 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 £12.06 is trading 343.4% above its estimated GF Value™ of £2.72.
GuruFocus considers JPMorgan American Investment Trust to be Significantly Overvalued.
Key valuation signals for LSE:JAM:
ROE %: 18.62% (near median its 10-year median of 19.56)
GF Value™: £2.72 vs. price of £12.06 (343.4% above fair value)
Industry Position: 191.2% above the Asset Management median (#936 of 1612)
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
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.
43GF Score
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