BlackRock Latin American Investment Trust (LSE:BRLA) Cyclically Adjusted PB Ratio: 0.75 (As of Aug. 11, 2026) — Near Median

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LSE:BRLA BlackRock Latin American Investment Trust PLC LSE:BRLA
37 GF Score
Price £4.14
! 1 Warning Sign
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What is BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio?

BlackRock Latin American Investment Trust LSE:BRLA -1.78% 37 Cyclically Adjusted PB Ratio is 0.75 as of Aug. 11, 2026, which is 1% above its 10-year median of 0.74. GuruFocus rates LSE:BRLA with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,013 Asset Management companies, BlackRock Latin American Investment Trust ranks better than 55.97% on this metric.

As of today (2026-08-11), BlackRock Latin American Investment Trust's current share price is £4.14. BlackRock Latin American Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £5.50. BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio for today is 0.75.

The historical rank and industry rank for BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:BRLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.74   Max: 0.92
Current: 0.77

During the past 13 years, BlackRock Latin American Investment Trust's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.46. And the median was 0.74.

LSE:BRLA's Cyclically Adjusted PB Ratio is ranked better than
55.97% of 1013 companies
in the Asset Management industry
Industry Median: 0.87 vs LSE:BRLA: 0.77

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.

BlackRock Latin American Investment Trust's adjusted book value per share data of for the fiscal year that ended in Dec25 was £4.325. 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 £5.50 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Latin American Investment Trust  (LSE:BRLA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio Related Terms


BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BlackRock Latin American Investment Trust's Cyclically Adjusted PB 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.

BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio Chart

BlackRock Latin American Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.71 0.83 0.52 0.73

BlackRock Latin American Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB 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 0.83 0.00 0.52 0.00 0.73

LSE:BRLA vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, BlackRock Latin American Investment Trust'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.


BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio falls into.


LSE:BRLA
37GF Score
BlackRock Latin American Investment Trust PLC LSE:BRLA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Latin American Investment Trust Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.14/5.50
=0.75

* 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.

BlackRock Latin American Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, BlackRock Latin American Investment Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.325/139.9000*139.9000
=4.325

Current CPI (Dec25) = 139.9000.

BlackRock Latin American Investment Trust Annual Data

Book Value per Share CPI Adj_Book
201612 4.511 102.200 6.175
201712 5.298 105.000 7.059
201812 5.136 107.100 6.709
201912 5.586 108.500 7.203
202012 4.437 109.400 5.674
202112 3.732 114.700 4.552
202212 4.129 125.300 4.610
202312 5.089 130.500 5.456
202412 3.115 135.100 3.226
202512 4.325 139.900 4.325

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

What does a Cyclically Adjusted PB Ratio of 0.75 mean?
BlackRock Latin American Investment Trust (LSE:BRLA) has a Cyclically Adjusted PB Ratio of 0.75 as of Aug. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BlackRock Latin American Investment Trust and its competitors. This is near median its historical median of 0.74. Over the past decade, BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.46 to 0.92. According to the industry distribution chart, BlackRock Latin American Investment Trust ranks #446 out of 1013 companies in the Asset Management industry, placing it in the top 44%.
Is BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio too high?
BlackRock Latin American Investment Trust's current Cyclically Adjusted PB Ratio of 0.75 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.92. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.87. BlackRock Latin American Investment Trust's value of 0.75 is 13.8% below this industry median. Based on the distribution chart, BlackRock Latin American Investment Trust ranks #446 out of 1013 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock Latin American Investment Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Latin American Investment Trust's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Latin American Investment Trust ranks #446 out of 1013 companies for Cyclically Adjusted PB Ratio. This puts BlackRock Latin American Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.87. BlackRock Latin American Investment Trust's value of 0.75 is 13.8% below this benchmark. Historically, BlackRock Latin American Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 0.92 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.87, BlackRock Latin American Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.87, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock Latin American Investment Trust's current Cyclically Adjusted PB Ratio of 0.75 is 13.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BlackRock Latin American Investment Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Latin American Investment Trust's current Cyclically Adjusted PB Ratio is 0.75, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Latin American Investment Trust stock overvalued right now?
BlackRock Latin American Investment Trust (LSE:BRLA) has a current Cyclically Adjusted PB Ratio of 0.75. The current Cyclically Adjusted PB Ratio is 0.75, which is near median its 10-year median of 0.74 and 13.8% below the Asset Management industry median of 0.87. BlackRock Latin American Investment Trust's overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For BlackRock Latin American Investment Trust (LSE:BRLA), the current Cyclically Adjusted PB Ratio is 0.75 as of Aug. 11, 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.

BlackRock Latin American Investment Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Latin American Investment Trust PLC is an investment company. The company's objective is to achieve long-term capital growth and return by investing in quoted securities in Latin America. It follows the business model of the externally managed investment trust. The company does not have any employees and outsources activities to third-party service providers. The company invests in quoted, mid, and smaller capitalization companies. It is engaged in a single segment of business being investment business.
37GF Score

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

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