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JPMorgan US Smaller IT (LSE:JUSC) Shiller PE Ratio : 11.06 (As of May. 25, 2024)


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What is JPMorgan US Smaller IT Shiller PE Ratio?

As of today (2024-05-25), JPMorgan US Smaller IT's current share price is £3.98. JPMorgan US Smaller IT's E10 for the fiscal year that ended in Dec23 was £0.36. JPMorgan US Smaller IT's Shiller PE Ratio for today is 11.06.

The historical rank and industry rank for JPMorgan US Smaller IT's Shiller PE Ratio or its related term are showing as below:

LSE:JUSC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.52   Med: 14.06   Max: 35.25
Current: 11.17

During the past 13 years, JPMorgan US Smaller IT's highest Shiller PE Ratio was 35.25. The lowest was 7.52. And the median was 14.06.

LSE:JUSC's Shiller PE Ratio is ranked better than
62.19% of 759 companies
in the Asset Management industry
Industry Median: 12.92 vs LSE:JUSC: 11.17

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

JPMorgan US Smaller IT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was £0.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.36 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan US Smaller IT Shiller PE Ratio Historical Data

The historical data trend for JPMorgan US Smaller IT's Shiller PE Ratio 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 US Smaller IT Shiller PE Ratio Chart

JPMorgan US Smaller IT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.16 12.73 11.73 10.29 11.33

JPMorgan US Smaller IT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE Ratio 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 11.73 - 10.29 - 11.33

Competitive Comparison of JPMorgan US Smaller IT's Shiller PE Ratio

For the Asset Management subindustry, JPMorgan US Smaller IT's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 US Smaller IT's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan US Smaller IT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan US Smaller IT's Shiller PE Ratio falls into.



JPMorgan US Smaller IT Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

JPMorgan US Smaller IT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.98/0.36
=11.06

* 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.

JPMorgan US Smaller IT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, JPMorgan US Smaller IT's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.183/130.5000*130.5000
=0.183

Current CPI (Dec23) = 130.5000.

JPMorgan US Smaller IT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.201 99.900 0.263
201512 0.070 100.400 0.091
201612 0.913 102.200 1.166
201712 0.173 105.000 0.215
201812 -0.174 107.100 -0.212
201912 0.707 108.500 0.850
202012 0.536 109.400 0.639
202112 0.677 114.700 0.770
202212 -0.385 125.300 -0.401
202312 0.183 130.500 0.183

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


JPMorgan US Smaller IT  (LSE:JUSC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


JPMorgan US Smaller IT Shiller PE Ratio Related Terms

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JPMorgan US Smaller IT (LSE:JUSC) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth from investing in the US smaller companies. The company invests in a diversified portfolio and employs a manager with a strong focus on research and identifying the most attractive stocks in the us smaller companies universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the us.

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