The current PE ratio for Jpmorgan Chase stock as of Jul 25, 2024 is 12.58. This is calculated based on the TTM EPS of $16.59 and the stock price of $208.67 per share. The PE ratio has grown by 24% from its last 4 quarters average of 10.1.
The average historical PE ratio of Jpmorgan Chase for the last ten years is 11.61. The current P/E ratio of 12.58 is 8% higher 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 2023 quarter, when it reached 8.65 with a price of $145.02 and an EPS of $16.77.
Maximum annual increase: 26.76% in 2016
Maximum annual decrease: -35.87% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.47 | -5.51% |
| 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% |
The current PE ratio of JPM is higher than its 3, 5 and 10-year averages.
In comparison to its peers BAC and C, JPM's PE ratio is lower, but it is higher than WFC's. Jpmorgan Chase is currently trading at a lower PE ratio (12.58) than its peers average of 15.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WFC Wells Fargo & Company | 12.45 | $210.54B |
| JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
| BAC Bank Of America Corp | 14.27 | $325.87B |
| USB Us Bancorp | 15.1 | $70.94B |
| PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
| C Citigroup Inc | 18.89 | $124.33B |
| KEY Keycorp | 20.84 | $15.52B |
The price to earnings ratio for JPM stock as of Jul 25, 2024, stands at 12.58.
The average PE ratio for JPM stock over the past 3 years is 9.98.
The average PE ratio for JPM stock over the past 5 years is 10.86.
The highest quarterly PE ratio in the last ten years has been 16.84 and it was in the Dec 2017 quarter.
The current PE ratio of JPM is 8% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Jpmorgan Chase's share price is $208.67. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $16.59. Therefore, Jpmorgan Chase's PE ratio for today is 12.58. PE RATIO(12.58) = STOCK PRICE($208.67) / TTM EPS($16.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.