JPMorgan European Investment Trust Plc Growth Shares P/E
What is the P/E of JPMorgan European Investment Trust Plc Growth Shares?
The P/E of JPMorgan European Investment Trust Plc Growth Shares is 7.66
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on LSE compared to JPMorgan European Investment Trust Plc Growth Shares
What does JPMorgan European Investment Trust Plc Growth Shares do?
JPMorgan European Investment Trust plc - Growth Shares is an open-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets in Europe. The fund primarily invests its portfolio in the financial sector. It primarily invests in growth and value stocks of companies. The fund benchmarks the performance of its portfolios against the FTSE World Europe ex UK Net Index. JPMorgan European Investment Trust plc - Growth Shares was formed in 1929 and is domiciled in the United Kingdom.
Companies with p/e similar to JPMorgan European Investment Trust Plc Growth Shares
- D B Realty has P/E of 7.65
- KBC NV has P/E of 7.65
- HP has P/E of 7.65
- EZCorp has P/E of 7.66
- Goodfellow has P/E of 7.66
- AGF Management has P/E of 7.66
- JPMorgan European Investment Trust Plc Growth Shares has P/E of 7.66
- Egdon Resources plc has P/E of 7.66
- X4 Pharmaceuticals has P/E of 7.67
- High Liner Foods has P/E of 7.67
- Time Watch Investments has P/E of 7.67
- Fortescue Metals has P/E of 7.67
- Pulse Oil has P/E of 7.67