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JPM Jpmorgan Chase PE ratio, current and historical analysis

The current PE ratio for Jpmorgan Chase stock as of Oct 2, 2023 is 9.23. This is calculated based on the TTM EPS of $15.57 and the stock price of $143.77 per share. The PE ratio marks a decrease of 4.9% from its last 4 quarters average of 9.7.

JPM PE ratio history

How has JPM's PE ratio performed in the past

The average historical PE ratio of Jpmorgan Chase for the last ten years is 11.91. The current P/E ratio of 9.23 is 23% lower than the historical average. Looking back at the last ten years, JPM's PE ratio peaked in the Dec 2017 quarter at 16.84, when the price was $106.94 and the EPS was $6.35. The lowest point was in the Sep 2022 quarter, when it reached 8.8 with a price of $104.5 and an EPS of $11.88.


Jpmorgan Chase PE ratio by year

Maximum annual increase: 58.55% in 2013

Maximum annual decrease: -35.87% in 2018

Year PE ratio Change
2022 11.08 7.68%
2021 10.29 -27.99%
2020 14.29 10.18%
2019 12.97 20.09%
2018 10.8 -35.87%
2017 16.84 21.76%
2016 13.83 26.76%
2015 10.91 -7.07%
2014 11.74 -12.06%
2013 13.35 58.55%

JPM average PE ratio chart

What is the average PE ratio of JPM for the past years

The current PE ratio of JPM is lower than its 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

JPM PE vs peers

What is JPM's PE ratio compared to its peers

In comparison to its peer WFC, JPM's PE ratio is lower, but it is higher than BAC's and C's. Jpmorgan Chase is currently trading at a higher PE ratio (9.23) than its peers average of 7.99.

Stock name PE ratio Market cap
C Citigroup Inc 6.28 $76.91B
KEY Keycorp 6.72 $9.43B
BAC Bank Of America Corp 7.47 $207.72B
PNC Pnc Financial Services Group Inc 8.23 $47.82B
USB Us Bancorp 8.73 $48.16B
JPM Jpmorgan Chase & Co 9.21 $416.53B
WFC Wells Fargo & Company 9.62 $141.67B

Frequently asked questions

What is Jpmorgan Chase's PE ratio?

The price to earnings ratio for JPM stock as of Oct 2, 2023, stands at 9.23.

What is the 3-year average PE ratio for Jpmorgan Chase (JPM)?

The average PE ratio for JPM stock over the past 3 years is 10.48.

What is the 5-year average PE ratio for Jpmorgan Chase (JPM)?

The average PE ratio for JPM stock over the past 5 years is 10.95.

What is the highest PE ratio for JPM?

The highest quarterly PE ratio in the last ten years has been 16.84 and it was in the Dec 2017 quarter.

How does the current PE ratio for JPM compare to its historical average?

The current PE ratio of JPM is 23% lower than the 10-year historical average.

Why is Jpmorgan Chase's PE ratio so low?

JPM's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is JPM's PE ratio calculated (Jpmorgan Chase PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 2, 2023), Jpmorgan Chase's share price is $143.77. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $15.57. Therefore, Jpmorgan Chase's PE ratio for today is 9.23. PE RATIO(9.23) = STOCK PRICE($143.77) / TTM EPS($15.57)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.