JPM
Jpmorgan Chase
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: JPM
- PE Ratio
The current PE ratio for Jpmorgan Chase stock as of Jul 24, 2026 is 16.88. This is calculated based on the TTM EPS of $20.92 and the stock price of $353.21 per share. The PE ratio has grown by 11% from its last 4 quarters average of 15.1.
JPM PE ratio history
The average historical PE ratio of Jpmorgan Chase for the last ten years is 12.12. The current P/E ratio of 16.88 is 39% 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.
Jpmorgan Chase PE ratio by year
Maximum annual increase: 58.55% in 2013
Maximum annual decrease: -35.87% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.07 | 32.7% | $322.22 | $20.05 |
| 2024 | 12.11 | 15.66% | $239.71 | $19.79 |
| 2023 | 10.47 | -5.51% | $170.1 | $16.25 |
| 2022 | 11.08 | 7.68% | $134.1 | $12.1 |
| 2021 | 10.29 | -27.99% | $158.35 | $15.39 |
| 2020 | 14.29 | 10.18% | $127.07 | $8.89 |
| 2019 | 12.97 | 20.09% | $139.4 | $10.75 |
| 2018 | 10.8 | -35.87% | $97.62 | $9.04 |
| 2017 | 16.84 | 21.76% | $106.94 | $6.35 |
| 2016 | 13.83 | 26.76% | $86.29 | $6.24 |
| 2015 | 10.91 | -7.07% | $66.03 | $6.05 |
| 2014 | 11.74 | -12.06% | $62.58 | $5.33 |
| 2013 | 13.35 | 58.55% | $58.48 | $4.38 |
| 2012 | 8.42 | 13.94% | $43.97 | $5.22 |
| 2011 | 7.39 | -30.68% | $33.25 | $4.5 |
Jpmorgan Chase PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 14.06 | -12.51% | $294.16 | $20.92 |
| Dec 2025 | 16.07 | 3.08% | $322.22 | $20.05 |
| Sep 2025 | 15.59 | 5.05% | $315.43 | $20.23 |
| Jun 2025 | 14.84 | 23.46% | $289.91 | $19.53 |
| Mar 2025 | 12.02 | -0.74% | $245.3 | $20.41 |
| Dec 2024 | 12.11 | 3.42% | $239.71 | $19.79 |
| Sep 2024 | 11.71 | 4% | $210.86 | $18.01 |
| Jun 2024 | 11.26 | -6.71% | $202.26 | $17.96 |
| Mar 2024 | 12.07 | 15.28% | $200.3 | $16.59 |
| Dec 2023 | 10.47 | 21.04% | $170.1 | $16.25 |
| Sep 2023 | 8.65 | -7.39% | $145.02 | $16.77 |
| Jun 2023 | 9.34 | -2.71% | $145.44 | $15.57 |
| Mar 2023 | 9.6 | -13.36% | $130.31 | $13.58 |
| Dec 2022 | 11.08 | 25.91% | $134.1 | $12.1 |
| Sep 2022 | 8.8 | -2.44% | $104.5 | $11.88 |
JPM Price vs fair value
JPM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of JPM is higher than its 3, 5 and 10-year averages.
PE comparison
Jpmorgan Chase's price to earnings (P/E) of 16.88 is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 13.48, Jpmorgan Chase's price to earnings (P/E) is 25% higher.
JPM PE vs peers
In comparison to its peer stocks BAC and WFC, JPM's PE ratio is higher. Jpmorgan Chase is currently trading at a higher PE ratio (16.88) than its peers average of 14.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WFC Wells Fargo & Company | 13.16 | $264.12B |
| USB Us Bancorp | 13.41 | $99.3B |
| KEY Keycorp | 13.81 | $24.56B |
| PNC Pnc Financial Services Group Inc | 14.58 | $100.79B |
| BAC Bank Of America Corp | 15.25 | $440.34B |
| C Citigroup Inc | 16.06 | $225.46B |
| JPM Jpmorgan Chase & Co | 16.88 | $946.43B |
Frequently asked questions
What is Jpmorgan Chase's PE ratio?
The price to earnings ratio for JPM stock as of Jul 24, 2026, stands at 16.88.
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 12.62.
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 11.44.
What is the highest PE ratio for JPM?
The current PE of 16.88 represents the highest historical value in the last ten years.
How does the current PE ratio for JPM compare to its historical average?
The current PE ratio of JPM is 39% 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 (Jul 24, 2026), Jpmorgan Chase's share price is $353.21. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $20.92. Therefore, Jpmorgan Chase's PE ratio for today is 16.88. PE RATIO(16.88) = STOCK PRICE($353.21) / TTM EPS($20.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.