JPMorgan Chase Price To Earnings To Growth vs. Price To Book
| JPM Stock | 33.44 0.06 0.18% |
For JPMorgan Chase profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JPMorgan Chase to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JPMorgan Chase Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JPMorgan Chase's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JPMorgan Chase Co over time as well as its relative position and ranking within its peers.
JPMorgan |
JPMorgan Chase Price To Book vs. Price To Earnings To Growth Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JPMorgan Chase's current stock value. Our valuation model uses many indicators to compare JPMorgan Chase value to that of its competitors to determine the firm's financial worth. JPMorgan Chase Co is currently regarded as number one stock in price to earnings to growth category among its peers. It also is currently regarded as number one stock in price to book category among its peers fabricating about 0.44 of Price To Book per Price To Earnings To Growth. The ratio of Price To Earnings To Growth to Price To Book for JPMorgan Chase Co is roughly 2.29 . Comparative valuation analysis is a catch-all model that can be used if you cannot value JPMorgan Chase by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JPMorgan Chase's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.JPMorgan Price To Book vs. Price To Earnings To Growth
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
JPMorgan Chase |
| = | 4.84 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
JPMorgan Chase |
| = | 2.11 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
JPMorgan Price To Book Comparison
JPMorgan Chase is currently under evaluation in price to book category among its peers.
JPMorgan Chase Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in JPMorgan Chase, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JPMorgan Chase will eventually generate negative long term returns. The profitability progress is the general direction of JPMorgan Chase's change in net profit over the period of time. It can combine multiple indicators of JPMorgan Chase, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 89.3 B | 68.8 B | |
| Interest Income | 170.6 B | 100.3 B | |
| Net Income From Continuing Ops | 49.6 B | 42.8 B | |
| Income Before Tax | 61.6 B | 52.8 B | |
| Net Income Applicable To Common Shares | 41.3 B | 38.5 B | |
| Net Income | 49.6 B | 42.8 B | |
| Income Tax Expense | 9.8 B | 9.5 B | |
| Change To Netincome | 34.2 B | 35.9 B |
JPMorgan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JPMorgan Chase. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JPMorgan Chase position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JPMorgan Chase's important profitability drivers and their relationship over time.
Use JPMorgan Chase in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan Chase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan Chase will appreciate offsetting losses from the drop in the long position's value.JPMorgan Chase Pair Trading
JPMorgan Chase Co Pair Trading Analysis
The ability to find closely correlated positions to JPMorgan Chase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan Chase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan Chase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan Chase Co to buy it.
The correlation of JPMorgan Chase is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan Chase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan Chase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan Chase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your JPMorgan Chase position
In addition to having JPMorgan Chase in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
To fully project JPMorgan Chase's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JPMorgan Chase at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JPMorgan Chase's income statement, its balance sheet, and the statement of cash flows.