Sterling Investments (XJAM:SIL) Cyclically Adjusted Book per Share: JMD3.83 (As of Mar. 2026)

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XJAM:SIL Sterling Investments Ltd XJAM:SIL
67 GF Score
Price JMD3.11
GF Value JMD2.59
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sterling Investments Cyclically Adjusted Book per Share?

Sterling Investments XJAM:SIL -5.76% 67 Cyclically Adjusted Book per Share is JMD3.83 as of Mar. 2026. GuruFocus rates XJAM:SIL with a GF Score™ of 67/100 and a GF Value™ of JMD2.59 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Sterling Investments's adjusted book value per share for the three months ended in Mar. 2026 was JMD3.669. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is JMD3.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sterling Investments's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-17), Sterling Investments's current stock price is JMD3.11. Sterling Investments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was JMD3.83. Sterling Investments's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sterling Investments was 1.03. The lowest was 0.58. And the median was 0.82.


Sterling Investments  (XJAM:SIL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sterling Investments's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.11/3.83
=0.81

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sterling Investments was 1.03. The lowest was 0.58. And the median was 0.82.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sterling Investments Cyclically Adjusted Book per Share Related Terms


Sterling Investments Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sterling Investments's Cyclically Adjusted Book per Share 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.

Sterling Investments Cyclically Adjusted Book per Share Chart

Sterling Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.57 3.76

Sterling Investments Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 3.71 3.74 3.77 3.76 3.83

XJAM:SIL vs MS, GS, SCHW: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, Sterling Investments's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Sterling Investments Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sterling Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sterling Investments's Cyclically Adjusted PB Ratio falls into.


XJAM:SIL
67GF Score
Sterling Investments Ltd XJAM:SIL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sterling Investments Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sterling Investments's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.669/330.2130*330.2130
=3.669

Current CPI (Mar. 2026) = 330.2130.

Sterling Investments Quarterly Data

Book Value per Share CPI Adj_Book
201603 2.511 238.132 3.482
201606 2.731 241.018 3.742
201609 2.829 241.428 3.869
201612 2.889 241.432 3.951
201703 2.899 243.801 3.927
201706 3.060 244.955 4.125
201709 3.102 246.819 4.150
201712 2.946 246.524 3.946
201803 2.893 249.554 3.828
201806 2.968 251.989 3.889
201809 3.084 252.439 4.034
201812 2.753 251.233 3.618
201903 3.113 254.202 4.044
201906 3.222 256.143 4.154
201909 3.337 256.759 4.292
201912 3.271 256.974 4.203
202003 2.546 258.115 3.257
202006 3.106 257.797 3.978
202009 3.224 260.280 4.090
202012 3.557 260.474 4.509
202103 3.621 264.877 4.514
202106 3.878 271.696 4.713
202109 3.648 274.310 4.391
202112 3.745 278.802 4.436
202203 3.314 287.504 3.806
202206 3.013 296.311 3.358
202209 2.757 296.808 3.067
202212 2.963 296.797 3.297
202303 2.848 301.836 3.116
202306 2.985 305.109 3.231
202312 3.168 306.746 3.410
202403 3.277 312.332 3.465
202406 3.293 314.175 3.461
202409 0.000 315.301 0.000
202412 3.422 315.605 3.580
202503 3.568 319.799 3.684
202506 3.570 322.561 3.655
202509 3.728 324.800 3.790
202512 3.760 324.054 3.831
202603 3.669 330.213 3.669

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of JMD3.83 mean?
Sterling Investments (XJAM:SIL) has a Cyclically Adjusted Book per Share of JMD3.83 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sterling Investments and its competitors.
Is Sterling Investments' Cyclically Adjusted Book per Share too high?
Sterling Investments' current Cyclically Adjusted Book per Share is JMD3.83. Overall, Sterling Investments has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sterling Investments' Cyclically Adjusted Book per Share compare to MS and GS?
Sterling Investments' Cyclically Adjusted Book per Share of JMD3.83 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sterling Investments and its competitors. Sterling Investments's current Cyclically Adjusted Book per Share is JMD3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Investments stock overvalued right now?
Based on GuruFocus' analysis, Sterling Investments (XJAM:SIL) is currently considered Modestly Overvalued. The stock's GF Value™ is JMD2.59, compared to a current price of JMD3.11 — trading 20.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is JMD3.83. Sterling Investments' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sterling Investments (XJAM:SIL), the current Cyclically Adjusted Book per Share is JMD3.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sterling Investments (XJAM:SIL) Overvalued in 2026?

Based on GuruFocus' analysis, Sterling Investments stock appears to be overvalued. The current stock price of JMD3.11 is trading 20.1% above its estimated GF Value™ of JMD2.59. GuruFocus considers Sterling Investments to be Modestly Overvalued.

Key valuation signals for XJAM:SIL:

  • Cyclically Adjusted Book per Share: JMD3.83
  • GF Value™: JMD2.59 vs. price of JMD3.11 (20.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the XJAM:SIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sterling Investments Business Description

Address 40 Knutsford Boulevard, 3rd Floor, Kingston 5, Kingston, JAM
Sterling Investments Ltd is an investment holding company. It invests in an array of high-quality fixed-income securities denominated in United States dollars. It generates income through interest income earned on the securities in the portfolio and through capital gains as a result of an increase in the price of the securities. The company focused on generating higher risk-adjusted returns through the active purchase and sale of financial instruments in the international capital markets. The company invests mainly in hard currencies and in developed markets to provide local and regional institutional and retail investors with sustainable growth and diversification.
67GF Score

Get the complete analysis for XJAM:SIL

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD3.11
Price
JMD2.59
GF Value