JPMorgan Chase & Co P/B Ratio
Data as of August 04, 2026
P/B Ratio
2.62
Stock Price
$352.64
Book Value/Share
$134.42
Sector
Banking
How It's Calculated
2.62 = $352.64 ÷ $134.42
What This Means
JPMorgan Chase & Co's P/B ratio of 2.62 is between 1 and 3. This descriptive range does not establish fair value because economically comparable P/B levels vary by sector, profitability, leverage, accounting policy, and asset composition.
About JPMorgan Chase & Co
JPMorgan Chase & Co (JPM) operates in the Banking sector, specifically in Banking. With a market capitalization of about $942.63B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $352.64, within a 52-week range of $279.10 to $359.30 (-1.9% from the high, +26.3% from the low). Beta of 0.99 is broadly in line with typical market sensitivity.
Trailing profit margin is about 33.3%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For JPMorgan Chase & Co, P/B is especially useful when earnings are volatile or temporarily depressed. In Banking, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Banking names on our S&P 100 coverage, JPMorgan Chase & Co's P/B ratio of 2.62 can be compared with peers such as BAC (1.49), WFC (1.50), C (1.10). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Banking stocks.
Key Takeaways
- JPM is grouped in the Banking sector for peer comparisons.
- Recent beta of 0.99 suggests market-like price sensitivity.
- Trailing profit margin of 33.3% provides context for how much earnings support the headline multiple.
Related Tools & Guides
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Frequently Asked Questions
What does JPM's price-to-book ratio indicate?
P/B compares share price to book value per share. JPMorgan Chase & Co's P/B of 2.62 reflects how the market prices net assets — especially relevant for asset-heavy Banking business models.
Is 2.62 above or below book value?
A P/B above 1.0 (2.62) means the market values JPM above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Banking?
Peer P/B levels in Banking (e.g. USB (1.53), WFC (1.50), BAC (1.49)) provide context; asset-light vs asset-heavy models differ materially.
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