JPMorgan Chase & Co. P/B Ratio
Data as of June 01, 2026
P/B Ratio
2.33
Stock Price
$299.31
Book Value/Share
$128.38
Sector
Financial Services
How It's Calculated
2.33 = $299.31 ÷ $128.38
What This Means
JPMorgan Chase & Co.'s P/B ratio of 2.33 is in the normal range, suggesting the market values the company roughly in line with its net assets.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM) operates in the Financial Services sector, specifically in Banks - Diversified. With a market capitalization of about $802.00B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $299.31, within a 52-week range of $260.31 to $337.25 (-11.2% from the high, +15.0% from the low). Beta of 1.02 is broadly in line with typical market sensitivity.
Trailing profit margin is about 33.9%, 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 Financial Services, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Financial Services names on our S&P 100 coverage, JPMorgan Chase & Co.'s P/B ratio of 2.33 can be compared with peers such as BRK-B (0.00), V (16.29), MA (65.20). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Financial Services stocks.
Key Takeaways
- JPM is grouped in the Financial Services sector for peer comparisons.
- Recent beta of 1.02 suggests market-like price sensitivity.
- Trailing profit margin of 33.9% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for JPM.
Other JPM Metrics
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 2.33 reflects how the market prices net assets — especially relevant for asset-heavy Financial Services business models.
Is 2.33 above or below book value?
A P/B above 1.0 (2.33) means the market values JPM above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Financial Services?
Peer P/B levels in Financial Services (e.g. MA (65.20), V (16.29), AON (6.87)) provide context; asset-light vs asset-heavy models differ materially.
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