JPM Jpmorgan Chase PE ratio, current and historical analysis
The current PE ratio for Jpmorgan Chase stock as of Nov 21, 2024 is 13.59. This is calculated based on the TTM EPS of $18.01 and the stock price of $244.76 per share. The PE ratio has grown by 19% from its last 4 quarters average of 11.4.
JPM PE ratio history
The average historical PE ratio of Jpmorgan Chase for the last ten years is 11.61. The current P/E ratio of 13.59 is 17% 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: 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
The current PE ratio of JPM is higher than its 3, 5 and 10-year averages.
JPM PE vs 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 (13.59) than its peers average of 16.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| USB Us Bancorp | 15.76 | $80.17B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| C Citigroup Inc | 19.48 | $130.4B |
| KEY Keycorp | 1,922 | $19.05B |
Frequently asked questions
What is Jpmorgan Chase's PE ratio?
The price to earnings ratio for JPM stock as of Nov 21, 2024, stands at 13.59.
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 10.2.
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 17% 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 (Nov 21, 2024), Jpmorgan Chase's share price is $244.76. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $18.01. Therefore, Jpmorgan Chase's PE ratio for today is 13.59. PE RATIO(13.59) = STOCK PRICE($244.76) / TTM EPS($18.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.