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JPM Jpmorgan Chase PE ratio, current and historical analysis

The current PE ratio for Jpmorgan Chase stock as of Jun 20, 2024 is 11.98. This is calculated based on the TTM EPS of $16.59 and the stock price of $198.67 per share. The PE ratio has grown by 18% from its last 4 quarters average of 10.1.

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 11.69. The current P/E ratio of 11.98 is 2.5% 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.

Average
11.69
Median
11.23
Minimum
8.65
Maximum
16.84

Jpmorgan Chase PE ratio by year

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%

JPM average PE ratio chart

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

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

3-year avg
10.01
5-year avg
10.88
10-year avg
11.69
15-year avg
12.18

JPM PE vs peers

What is JPM's PE ratio compared to its peers

In comparison to its peer stocks BAC and WFC, JPM's PE ratio is lower. Jpmorgan Chase is currently trading at a lower PE ratio (11.98) than its peers average of 14.44.

Stock name PE ratio Market cap
JPM Jpmorgan Chase & Co 11.78 $561.44B
WFC Wells Fargo & Company 11.94 $201.88B
PNC Pnc Financial Services Group Inc 12.77 $60.54B
USB Us Bancorp 12.94 $60.78B
BAC Bank Of America Corp 13.58 $310.12B
KEY Keycorp 17.09 $12.73B
C Citigroup Inc 17.57 $115.63B

Frequently asked questions

What is Jpmorgan Chase's PE ratio?

The price to earnings ratio for JPM stock as of Jun 20, 2024, stands at 11.98.

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 10.01.

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 10.88.

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 2.5% higher than the 10-year historical average.

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 (Jun 20, 2024), Jpmorgan Chase's share price is $198.67. 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 11.98. PE RATIO(11.98) = STOCK PRICE($198.67) / TTM EPS($16.59)

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