JPMorgan Emerging Markets Inv Trust (LSE:JMG) Price-to-Tangible-Book : 0.92 (As of May. 17, 2024)

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What is JPMorgan Emerging Markets Inv Trust Price-to-Tangible-Book?

As of today (2024-05-17), JPMorgan Emerging Markets Inv Trust's share price is £1.082. JPMorgan Emerging Markets Inv Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £1.18. Hence, JPMorgan Emerging Markets Inv Trust's Price to Tangible Book Ratio of today is 0.92.

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

LSE:JMG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.9 Max: 0.97
Current: 0.92

During the past 13 years, JPMorgan Emerging Markets Inv Trust's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.86. And the median was 0.90.

LSE:JMG's Price-to-Tangible-Book is ranked better than
61.32% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:JMG: 0.92

A closely related ratio is called PB Ratio. As of today, JPMorgan Emerging Markets Inv Trust's share price is £1.082. JPMorgan Emerging Markets Inv Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.18. Hence, JPMorgan Emerging Markets Inv Trust's P/B Ratio of today is 0.92.

JPMorgan Emerging Markets Inv Trust Price-to-Tangible-Book Historical Data

The historical data trend for JPMorgan Emerging Markets Inv 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 Emerging Markets Inv Trust Price-to-Tangible-Book Chart

JPMorgan Emerging Markets Inv Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.93

0.91

0.94

0.90

JPMorgan Emerging Markets Inv Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.94	0.90	0.93	0.90	0.90

Competitive Comparison of JPMorgan Emerging Markets Inv Trust's Price-to-Tangible-Book

For the Asset Management subindustry, JPMorgan Emerging Markets Inv 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 Emerging Markets Inv Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where JPMorgan Emerging Markets Inv Trust's Price-to-Tangible-Book falls into.

JPMorgan Emerging Markets Inv Trust Price-to-Tangible-Book Calculation

JPMorgan Emerging Markets Inv Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.082	/	1.182
	=	0.92

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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 Emerging Markets Inv Trust Price-to-Tangible-Book Related Terms

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

JPMorgan Emerging Markets Inv Trust (LSE:JMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Emerging Markets Inv Trust PLC (LSE:JMG) » Definitions » Price-to-Tangible-Book

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JMGl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmemergingmarkets.co.uk

JPMorgan Emerging Markets Inv Trust PLC is an investment trust company. Its objective is to maximize total return from emerging markets around the world through a diversified portfolio of underlying investments. The company invests in quoted securities in emerging stock markets and may invest in unquoted securities. The Fund invests in various sectors such as Financials, Information Technology, Consumer Staples, Consumer Discretionary, Materials, Health Care, Telecommunication Services, and Utilities. Geographically, the trust business can be seen across the region of South Asia, East Asia, Europe, Middle East, Africa and Latin America.

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