The current PE ratio for Jpmorgan Chase stock as of Apr 19, 2024 is 11.43. This is calculated based on the TTM EPS of $16.25 and the stock price of $185.8 per share. The PE ratio has grown by 20% from its last 4 quarters average of 9.5.
The average historical PE ratio of Jpmorgan Chase for the last ten years is 11.68. The current P/E ratio of 11.43 is 2.1% 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 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 and 5-year averages, but it is lower than its 10-year average.
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 (11.43) than its peers average of 13.26.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 11.43 | $535.17B |
| PNC Pnc Financial Services Group Inc | 11.9 | $60.59B |
| BAC Bank Of America Corp | 11.93 | $291.05B |
| WFC Wells Fargo & Company | 12.37 | $215.9B |
| USB Us Bancorp | 12.37 | $63.03B |
| C Citigroup Inc | 14.53 | $113.04B |
| KEY Keycorp | 16.44 | $13.66B |
The price to earnings ratio for JPM stock as of Apr 19, 2024, stands at 11.43.
The average PE ratio for JPM stock over the past 3 years is 9.82.
The average PE ratio for JPM stock over the past 5 years is 10.82.
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 2.1% lower 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 (Apr 19, 2024), Jpmorgan Chase's share price is $185.8. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $16.25. Therefore, Jpmorgan Chase's PE ratio for today is 11.43. PE RATIO(11.43) = STOCK PRICE($185.8) / TTM EPS($16.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.