P/E ratio for JPMorgan Chase (JPM)

P/E ratio history for JPMorgan Chase from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Citigroup C	9.93	-30.79%	🇺🇸 USA
Deutsche Bank DB	6.40	-55.37%	🇩🇪 Germany
Wells Fargo WFC	15.8	9.80%	🇺🇸 USA
UBS UBS	2.96	-79.40%	🇨🇭 Switzerland
Bank of America BAC	12.8	-10.59%	🇺🇸 USA
KeyCorp (KeyBank) KEY	15.3	6.90%	🇺🇸 USA
U.S. Bancorp USB	15.1	5.24%	🇺🇸 USA
Barclays BCS	7.70	-46.31%	🇬🇧 UK
HSBC HSBC	6.65	-53.64%	🇬🇧 UK
PNC Financial Services PNC	14.2	-1.36%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.