Microsoft Corp
8.12xPrice / book
Market cap
$3.59T
Tangible equity (USD)
—
Price / tangible book
—
Price / book
8.12x
Net income / ending equity
30.2%
Net income / ending assets
17.6%
Efficiency ratio
—
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
MSFT · price snapshotP/E 26.94x
$483.62Close Dec 31, 2025
Implied fair value · at JPM's multiple
$288.9040.3% below market
17.95 MSFT Annual EPS×16.09x JPM P/E=$288.90
Market $483.62Implied $288.90
JPM · price snapshotP/E 16.09x
$322.22Close Dec 31, 2025
Implied fair value · at MSFT's multiple
$539.3967.4% above market
20.02 JPM Annual EPS×26.94x MSFT P/E=$539.39
Market $322.22Implied $539.39
