JPMorgan Chase
JPM
#19
Rank
$311.70 B
Marketcap
$106.29
Share price
-1.71%
Change (1 day)
-37.11%
Change (1 year)

P/E ratio for JPMorgan Chase (JPM)

P/E ratio as of October 2022 (TTM): 8.67

According to JPMorgan Chase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.66506. At the end of 2021 the company had a P/E ratio of 10.3.

P/E ratio history for JPMorgan Chase from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202110.3-27.76%
202014.39.98%
201913.019.95%
201810.8-35.91%
201716.922.17%
201613.826.71%
201510.9-7.2%
201411.7-12.46%
201313.462.89%
20128.2311.19%
20117.41-30.17%
201010.6-42.74%
200918.5-13.57%
200821.4

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.