JPMorgan Chase & Co. (JPM) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4....
JPMorgan Chase & Co. (JPM) currently trades at a P/E ratio of 13.88 (historical range: 7.76–16.04, median: 11.11), placing it at the 75th percentile — above its historical average, P/S ratio of 4.53 (range: 2.45–5.19, 78th percentile — above its historical average), EV/EBITDA of 26.76 (range: 7.90–28.12, 27th percentile).
Over the historical period (2021-09-13 to 2026-10-16), JPMorgan Chase & Co.'s P/E ratio has expanded by 40% over the observed period (from an average of 9.6 to 13.4).
JPMorgan Chase & Co. trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 13.88 | 11.11 | 75th | above its historical average |
| P/S Ratio | 4.53 | 3.64 | 78th | above its historical average |
| EV/EBITDA | 26.76 | 27.30 | 27th | below its historical average |
JPMorgan Chase & Co. (JPM) Valuation & P/E History
JPMorgan Chase & Co. (JPM) is a US-listed stock operating in the Financial Services sector, specifically the Banks industry currently trading at $339.25 with a market capitalization of $900.9 billion. This page provides historical valuation analysis for JPM based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 13.88 is above the historical median of 11.11, placing JPM at the 75th percentile of its valuation range. The P/S ratio of 4.53 compares to a median of 3.64.
JPM Valuation Metrics & Historical Range
The valuation table above shows JPMorgan Chase & Co.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether JPM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests JPM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for JPMorgan Chase & Co..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is JPM Overvalued or Undervalued?
JPMorgan Chase & Co. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 60 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive JPM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full JPM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.JPM trades on NYSE. This page is for informational purposes only and is not financial advice.