JPMorgan Chase & Co

NYSE JPM

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JPMorgan Chase & Co Price to Book Ratio (P/B) on June 03, 2024: 1.72

JPMorgan Chase & Co Price to Book Ratio (P/B) is 1.72 on June 03, 2024, a 27.44% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • JPMorgan Chase & Co 52-week high Price to Book Ratio (P/B) is 1.98 on March 26, 2024, which is 15.13% above the current Price to Book Ratio (P/B).
  • JPMorgan Chase & Co 52-week low Price to Book Ratio (P/B) is 1.25 on October 27, 2023, which is -27.30% below the current Price to Book Ratio (P/B).
  • JPMorgan Chase & Co average Price to Book Ratio (P/B) for the last 52 weeks is 1.51.
NYSE: JPM

JPMorgan Chase & Co

CEO Mr. James Dimon
IPO Date Oct. 6, 1978
Location United States
Headquarters 383 Madison Avenue, New York, NY, United States, 10179
Employees 311,921
Sector Financial Services
Industry Banks - diversified
Description

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

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StockViz Staff

September 8, 2024

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