JPMorgan Chase & Co.
JPM Financial Banks Diversified
JPMorgan Chase & Co.’s revenue for fiscal 2025 (year ended December 2025) was $280.3 billion, up 0.52% from fiscal 2024. In the quarter to September 2026, revenue grew 5.97%, EPS grew 12.5%, free cash flow fell 185.6% and total debt rose 7.71%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for three.
Follow JPM
JPMorgan Chase & Co. (JPM) P/B ratio
As of 16 October 2026, JPMorgan Chase & Co. (JPM) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 0.9× (February 2016) to 2.8× (August 2026); the current reading is higher than 97% of that period. That is above the Banks Diversified industry median of 1.6× and above the Financial sector median of 1.2×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.6× | 23.16% |
| FY2024 | 2.1× | 26.07% |
| FY2023 | 1.7× | 11.26% |
| FY2022 | 1.5× | (18.03%) |
| FY2021 | 1.8× | 17.45% |
| FY2020 | 1.6× | (18.01%) |
| FY2019 | 1.9× | 33.19% |
| FY2018 | 1.4× | (13.83%) |
| FY2017 | 1.7× | 19.34% |
| FY2016 | 1.4× | 25.46% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 2.5× | 1.28% |
| Jun 2026 | 2.5× | 7.22% |
| Mar 2026 | 2.3× | (11.11%) |
| Dec 2025 | 2.6× | 2.01% |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| C Citigroup Inc. compare | 1.2× |
| BAC Bank of America Corporation compare | 1.3× |
| SAN Banco Santander, S.A. compare | 1.4× |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 1.5× |
| WFC Wells Fargo & Company compare | 1.6× |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 1.6× |
| HSBC HSBC Holdings plc compare | 1.6× |
| UBS UBS Group AG compare | 1.6× |
| JPM JPMorgan Chase & Co. | 2.6× |
| Banks Diversified industry median | 1.6× |
| Financial sector median | 1.2× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on JPM
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement