JPMorgan Chase
JPM
#15
Rank
$529.95 B
Marketcap
$183.99
Share price
0.50%
Change (1 day)
29.42%
Change (1 year)

P/E ratio for JPMorgan Chase (JPM)

P/E ratio as of February 2024 (TTM): 11.0

According to JPMorgan Chase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9648. At the end of 2022 the company had a P/E ratio of 11.1.

P/E ratio history for JPMorgan Chase from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.17.39%
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%
200918.5-14.75%
200821.7117.49%
20079.99-13.97%
200611.6-29.21%
200516.4-33.99%
200424.8123.92%
200311.1-62.55%
200229.6-32.34%
200143.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.45-13.83%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 4.88%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-7.52%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 5.18%๐Ÿ‡บ๐Ÿ‡ธ USA
8.14-25.81%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3 12.26%๐Ÿ‡บ๐Ÿ‡ธ USA
5.50-49.87%๐Ÿ‡ฌ๐Ÿ‡ง UK
5.11-53.41%๐Ÿ‡ฉ๐Ÿ‡ช Germany
2.60-76.25%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
4.95-54.89%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.