Banks - Diversified · NYSE
現在株価
$297.69
適正株価
下記の計算機で算出
JPMorgan Chase & Co. のPERバリュエーション。利益データを自動入力、ターゲットPERを調整、適正株価を即時算出。
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
益回り
7.09%
ROE (TTM)
16.3%
直近12ヶ月のデータでは、JPM のEPSは N/A、PERは N/A。これらはPERバリュエーションの重要な入力値です。
JPM のTTM PERは、投資家が JPMorgan Chase & Co. の1ドルの利益に対して支払う倍率を示します。Banks - Diversified の類似企業や同社の過去レンジと比較することで最も有用な指標となります。
JPM が割高かどうかは、PERを Banks - Diversified の類似企業、過去平均、成長期待と比較して判断します。業種平均を上回るPERは割高を示唆する可能性がありますが、高成長企業は高いマルチプルを正当化することもあります。PER分析にDCFを組み合わせることでより完全な判断ができます。
JPMorgan Chase & Co. のPER評価手順：(1) 現在のPERを Banks - Diversified の中央値と比較して相対的な割高・割安を確認、(2) PEGレシオで成長期待を調整、(3) 過去5年のPERレンジから現在位置を把握、(4) ターゲットPERと予想EPSを掛けて適正株価を試算。この相対バリュエーションはDCFの絶対評価を補完します。
PEGレシオはPERを予想利益成長率で割った成長調整後の指標です。1.0を下回ると成長対比で割安の可能性、2.0を上回ると割高の可能性を示します。PEGは利益成長が安定し予測可能な企業で最も信頼できます。
PERは Banks - Diversified との相対的な価格水準を素早く把握できる指標、DCFは将来FCFに基づく絶対評価を提供します。JPM はROE 16.3% と高水準のため、PERで市場対比を見つつ、DCFでファンダメンタルズが現在価格を正当化するかを検証する両方の併用が有効です。両者にはそれぞれ盲点があり、PERは資本構成やキャッシュフローの質を捨象し、DCFは成長率と割引率の仮定に敏感です。
