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JPMorgan American Investment Trust (LSE:JAM) PS Ratio : 5.59 (As of May. 24, 2024)


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What is JPMorgan American Investment Trust PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, JPMorgan American Investment Trust's share price is £9.77. JPMorgan American Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £1.75. Hence, JPMorgan American Investment Trust's PS Ratio for today is 5.59.

Warning Sign:

JPMorgan American Investment Trust PLC stock PS Ratio (=5.6) is close to 2-year high of 5.65

The historical rank and industry rank for JPMorgan American Investment Trust's PS Ratio or its related term are showing as below:

LSE:JAM' s PS Ratio Range Over the Past 10 Years
Min: 3.87   Med: 5.56   Max: 152.97
Current: 5.62

During the past 13 years, JPMorgan American Investment Trust's highest PS Ratio was 152.97. The lowest was 3.87. And the median was 5.56.

LSE:JAM's PS Ratio is ranked better than
67.02% of 1422 companies
in the Asset Management industry
Industry Median: 8.7 vs LSE:JAM: 5.62

JPMorgan American Investment Trust's Revenue per Sharefor the six months ended in Dec. 2023 was £0.71. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £1.75.

During the past 3 years, the average Revenue per Share Growth Rate was 16.80% per year.

During the past 13 years, JPMorgan American Investment Trust's highest 3-Year average Revenue per Share Growth Rate was 275.50% per year. The lowest was -39.10% per year. And the median was 16.80% per year.

Back to Basics: PS Ratio


JPMorgan American Investment Trust PS Ratio Historical Data

The historical data trend for JPMorgan American Investment Trust's PS 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 American Investment Trust PS Ratio Chart

JPMorgan American Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 5.26 4.53 - 4.91

JPMorgan American Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS 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 4.53 - - - 4.91

Competitive Comparison of JPMorgan American Investment Trust's PS Ratio

For the Asset Management subindustry, JPMorgan American Investment Trust's PS Ratio, along with its competitors' market caps and PS 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 American Investment Trust's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan American Investment Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan American Investment Trust's PS Ratio falls into.



JPMorgan American Investment Trust PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

JPMorgan American Investment Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=9.77/1.748
=5.59

JPMorgan American Investment Trust's Share Price of today is £9.77.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. JPMorgan American Investment Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £1.75.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


JPMorgan American Investment Trust  (LSE:JAM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


JPMorgan American Investment Trust PS Ratio Related Terms

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JPMorgan American Investment Trust (LSE:JAM) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan American Investment Trust PLC is a UK-based investment trust company. Its investment objective is to provide shareholders with capital growth from North American investments. The company seeks to achieve determined objectives and to manage risk by investing in the diversified portfolio of quoted companies, including smaller capitalization stocks and pooled funds. It may use various appropriate investment policies such as short and long-term gearing, hedging the currency risk in respect of sterling debenture to increase potential returns to shareholders. The company reviews its performance against its benchmark S&P 500 Index, expressed in sterling total return terms.

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