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JPMorgan Chase JPM Price / book

Price / book at other companies

American Express logo
American ExpressAXP
6.1×+0.1×
Fifth Third Bank logo
Fifth Third BankFITB
1.2×0.0×
U.S. Bancorp logo
U.S. BancorpUSB
1.2×+0.1×
Huntington Bancshares logo
Huntington BancsharesHBAN
-0.1×
Bank of America logo
Bank of AmericaBAC
1.2×+0.1×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.4×+0.1×

Other financials

Income statement

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Revenue$49.8B+10.0%
Net income$16.5B+12.6%
EPS (diluted)$5.94+17.2%

Balance sheet

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Cash & equivalents$312.14B-26.7%
Total debt$526.11B+9.3%
Total equity$364.04B+3.6%
Total assets$4.90T+12.5%

Cash flow

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Operating cash flow-$211.76B+15.9%

Valuation

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Market cap$893.51B+15.7%
Enterprise value$1.11T+35.9%
P/E15.2×+2.2×
P/S4.8×+0.5×

Profitability

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Net margin31.5%-1.5pp

Returns & leverage

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Return on equity16.5%-0.9pp
Debt / equity1.4×+0.1×

Where this comes from

Calculated from JPMorgan Chase’s reported figures.

Based on the most recent quarter.

The official record: JPMorgan Chase’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JPMorgan Chase's price / book?
JPMorgan Chase (JPM) reported price / book of 2.2× in Q1 2026.
How has JPMorgan Chase's price / book changed year-over-year?
JPMorgan Chase's price / book increased by 11.7% year-over-year, from 2× to 2.2×.
What is the long-term trend for JPMorgan Chase's price / book?
Over 4 years (2021 to 2025), JPMorgan Chase's price / book has grown at a 8.5% compound annual growth rate (CAGR), from 6.5× to 9×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.