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JPMorgan Mid Cap Investment Trust (LSE:JMF) Price-to-Tangible-Book : 0.89 (As of May. 16, 2024)


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What is JPMorgan Mid Cap Investment Trust Price-to-Tangible-Book?

As of today (2024-05-16), JPMorgan Mid Cap Investment Trust's share price is £9.12. JPMorgan Mid Cap Investment Trust's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £10.30. Hence, JPMorgan Mid Cap Investment Trust's Price to Tangible Book Ratio of today is 0.89.

The historical rank and industry rank for JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

LSE:JMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78   Med: 0.89   Max: 0.98
Current: 0.89

During the past 13 years, JPMorgan Mid Cap Investment Trust's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.78. And the median was 0.89.

LSE:JMF's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.96 vs LSE:JMF: 0.89

A closely related ratio is called PB Ratio. As of today, JPMorgan Mid Cap Investment Trust's share price is £9.12. JPMorgan Mid Cap Investment Trust's Book Value per Sharefor the quarter that ended in Jun. 2023 was £10.30. Hence, JPMorgan Mid Cap Investment Trust's P/B Ratio of today is 0.89.


JPMorgan Mid Cap Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JPMorgan Mid Cap Investment Trust Price-to-Tangible-Book Chart

JPMorgan Mid Cap Investment Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.88 0.98 0.86 0.85

JPMorgan Mid Cap Investment Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.89 0.86 0.88 0.85

Competitive Comparison of JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book falls into.



JPMorgan Mid Cap Investment Trust Price-to-Tangible-Book Calculation

JPMorgan Mid Cap Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=9.12/10.296
=0.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


JPMorgan Mid Cap Investment Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of JPMorgan Mid Cap Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

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